economic policy quotes

There certainly is a case to be made that taxes should be more progressive.

America’s experience, like many others, teaches us that fostering entrepreneurship is not just about crafting the right economic policy or developing the best educated curricula. It’s about creating an entire climate in which innovation and ideas flourish.

Alexander Hamilton started the U.S. Treasury with nothing, and that was the closest our country has ever been to being even.

The last thing you want to do is raise taxes in the middle of the recession because that would just suck up and take more demand out of the economy and put businesses in a further hole.

The call for debt cancellation is welcome, but debt does not just go away.

The Federal Reserve has an official commitment to two different policies. One is to prevent inflation from getting too high. The second is to maintain high employment… the European Central Bank has only the first. It has no commitment to keep employment up.

We don’t have to guess what Mitt Romney would have done if he were president. Because he told us. He said we should let foreclosures – and I quote – ‚hit the bottom‘ so the market could – I quote – ‚run its course.‘

The rich are always going to say that, you know, just give us more money and we’ll go out and spend more and then it will all trickle down to the rest of you. But that has not worked the last 10 years, and I hope the American public is catching on.

Economic medicine that was previously meted out by the cupful has recently been dispensed by the barrel. These once unthinkable dosages will almost certainly bring on unwelcome after-effects. Their precise nature is anyone’s guess, though one likely consequence is an onslaught of inflation.