The idea that growth will remedy our debts is so addictive for politicians, but the citizens end up paying the price.
Doing nothing and shrinking spending may save us public money in the short term but could cost us a great deal more over time as the recession takes hold for much longer.
Deficits. Most people of knowledge say it's the biggest single problem facing the economic free world.
If you have 'too big to fail' for cities or for states, and they believe they'll be bailed out, they'll continue to make unwise decisions.
By failing seriously to confront the most predicable economic crisis in our nation's history, the President's policies are committing us and our children to a diminished future.
The post-Reagan era has been defined by overspending as the result of ideological overpromises.
When the economy is still struggling, putting people back to work, finding ways to spur economic activity, ultimately can help to reduce the structural deficits and debts that countries experience.
I have been in Washington for 22 years and have seen us kick the can down the road. Well there is no more road to kick the can down.
The most pressing and significant problems in the global economy are unsustainable structural issues with regard to the E.U. - fiscal deficits and the structure of the E.U. itself.
Massive Federal Budget Deficits are only the most conspicuous sign of a society that has promised itself more than it could afford.
The lion's share of the damage to the Irish economy was the fault of domestic, economic, and financial mismanagement.
The claim made by Team Obama that every dollar in stimulus translates into a dollar-and-a-half in growth is economic fiction. The costs of stimulus reduce future growth. No country has ever spent itself to prosperity. The price of stimulus has to be paid sometime.
All of the problems we're facing with debt are manmade problems. We created them. It's called fantasy economics. Fantasy economics only works in a fantasy world. It doesn't work in reality.
New Labour was the most short-sighted, self-serving, incompetent, useless, and ineffective government that Britain has ever known. Make no mistake, Labour's economic policies were a national security liability.
How did we get into this mess? Because the press, during the 1980s committed one of the greatest crimes of the 20th century. The media took a dive, caved in, and did not tell the American people the price they would eventually pay for Reaganomics.
Being a physician, you can either treat the symptoms or cure the disease. This Congress has been treating the symptoms. It's time we cure the disease and take care of the problems that are underlying our poor economy.
