Quotes On deficit

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  • Maybe that first, gigantic deficit the Reaganites piled up was an accident, just a combination of deluded 'supply side' tax cuts and a huge bag of good stuff for the Pentagon. But pretty quickly conservatives discovered that deficits, when done correctly, did something really cool: deficits defunded the Left. — Thomas Frank
  • Cutting the deficit by gutting our investments in innovation and education is like lightening an overloaded airplane by removing its engine. It may make you feel like you're flying high at first, but it won't take long before you feel the impact. — Barack Obama
  • The only way that we can reduce our financial dependence on the inflow of funds from the rest of the world is to reduce our trade deficit. — Martin Feldstein

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