Posts Tagged ‘deficits’

Barack Obama: Rage About Deficits

Posted by admin on Tuesday, January 10, 2017

Barack Obama Money Quote during his farewell address in Chicago saying We can’t accept hypocrisy of budget cutting childcare but not taxes cut for corporate welfare. Barack Obama said:

How can elected officials rage about deficits when we propose to spend money on preschool for kids, but not when we’re cutting taxes for corporations?
— Barack Obama

Michael Connolly: Printing Inflationary Evil

Posted by admin on Tuesday, January 26, 2016

Michael Connolly Money Quotation saying governments that are tempted to print money during financial crises are playing with Seigniorage fire. Michael Connolly said:

Seigniorage finance of fiscal deficits is often known as “the printing press.” In a sense, money is the root of all inflationary evil. It helps to understand why inflation bursts out here and there periodically
— Michael Connolly

Richard Lamm: Kids Christmas, Adults Pay For It

Posted by admin on Thursday, December 9, 2010

Richard Lamm Money Quotation saying children sometimes get things at Christmas they don’t pay for, but can end up paying the government for everything in the future anyway. Richard Lamm said:

Christmas is a time when kids tell Santa what they want and adults pay for it. Deficits are when adults tell the government what they want and their kids pay for it

— Richard Lamm

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