Fiscal Expansion Quotes

Even if the government spends itself into bankruptcy and the economy still does not recover, Keynesians can always say that it would have worked if only the government had spent more.

It's become glib political conventional wisdom in Washington that a massive spending plan will provide a parachute rescue for a cliff-diving economy - landing it safely and with strong enough legs to move toward a healthy future.

I don't know of any President, now or in the past, who does not favor lower interest rates. That's the American way.

A growth economy is a must.

I think the government lost control over fiscal policy in UPA-2. But it is possible to suggest that the momentum of the populism of UPA-1 did the damage when the economy slowed down, but government spending could not.

There are long lags between the start of a downturn and the potential launch of an effective fiscal stimulus.

A policy of adequate governmental outlays at a time when private enterprises is curtailing its expenditures does not reflect a preference for an unbalanced budget. It merely reflects a desire and the need to put idle men, money and material to work.

Never in the nation’s history had a president proposed large, simultaneous spending increases and tax cuts when the federal budget already had a deficit.

In the five years since the end of the Great Recession, the economy has made considerable progress in recovering from the largest and most sustained loss of employment in the United States since the Great Depression.

I don't know the time frame exactly, but it's clear they're all going to want to start spending money again.

The stimulus legislation, technically known as the American Recovery and Reinvestment Act of 2009, was a mixture of tax cuts for families and businesses; increased transfer payments, like unemployment insurance; and increased direct government spending, like infrastructure investment.

The Greek economy is improving, which should benefit the banking sector.

A rise in the level of saving can reduce aggregate activity temporarily but only a sustained high level of saving makes it possible to have the sustained high level of business investment that contributes to the long-run growth of output.

My first priority is growing this economy in the long term, and stimulating it in the short term.

The emphasis so far on fiscal austerity, while to a degree necessary for the countries facing market funding difficulties, is excessive when carried out across the board.

We've used up a lot of bullets. And we talk about stimulus. But the truth is, we're running a federal deficit that's 9 percent of GDP. That is stimulative as all get out. It's more stimulative than any policy we've followed since World War II.

Without public investment, without families spending, without cheap credit, the economy won't recover.

Stimulus does not work.

When I first came to Oregon, the annual amount spent on production was $1 million to $1.5 million. By the time 'Leverage' was done, there had been over $100 million in production that year.

The economy in Ireland has been rampaging ahead for the last 15 years. Barring an international, political or natural catastrophe, things can only get better for the Irish.

Fiscal policy will need to manage trade-offs between supporting demand, protecting social spending, and ensuring that public debt remains on a sustainable path, with the optimal mix depending on country-specific circumstances.

Actually, I have been very supportive of a very robust stimulus package from day one. I think this economy has to have a major stimulus initiative because the only group with liquidity is the federal government.

To protect people's lives and keep our children safe, we must implement public-works spending and do so proudly. If possible, I'd like to see the Bank of Japan purchase all of the construction bonds that we need to issue to cover the cost. That would also forcefully circulate money in the market. That would be positive for the economy, too.

I don't think I've been too optimistic. The government believes the contraction will be around 1.5 per cent, as the central bank said. However, we're waiting to see the Commission estimate.

In 1828 we raised the duties, on an average, to nearly fifty per cent, when the debt was on the eve of being discharged, and thereby flooded the country with a revenue, when discharged, which could not be absorbed by the most lavish expenditures.