--- title: "4 Budgets Quotes By Paul Krugman" description: "4 Budgets quotes by Paul Krugman. Plus more from Paul Krugman and more Budgets sayings from other authors." image: "https://sms4smile.com/quotes/i/042/paul-krugman-2255_budgets_it-s-not-about-the-budget-it-s-about-the_165738.png" --- > [It’s not about the budget; it’s about the power...So will the attack on unions succeed? I don’t know. But anyone who cares…](https://sms4smile.com/quotes/paul-krugman/it-s-not-about-the-budget-it-s-about-the-power-so-will-the-attack-on/) [Paul Krugman](https://sms4smile.com/quotes/author/paul-krugman/) [Image](https://sms4smile.com/quotes/i/042/paul-krugman-2255_budgets_it-s-not-about-the-budget-it-s-about-the_165738.png) > [“These are tough times for state governments. Huge deficits loom almost everywhere, from California to New York, from New Jersey to Texas.…](https://sms4smile.com/quotes/paul-krugman/these-are-tough-times-for-state-governments-huge-deficits-loom-almost/) [Paul Krugman](https://sms4smile.com/quotes/author/paul-krugman/) [Image](https://sms4smile.com/quotes/i/206/paul-krugman-2255_2010_these-are-tough-times-for-state-governme_716537.png) > [If we discovered that, you know, space aliens were planning to attack and we needed a massive buildup to counter the space…](https://sms4smile.com/quotes/paul-krugman/if-we-discovered-that-you-know-space-aliens-were-planning-to-attack/) [Paul Krugman](https://sms4smile.com/quotes/author/paul-krugman/) [Image](https://sms4smile.com/quotes/i/beb/paul-krugman-2255_achieve_if-we-discovered-that-you-know-space-ali_1049358.jpg) > [ \[The US\] budget is dominated by the retirement programs, Social Security and Medicare - loosely speaking, the post-cold-war federal government is a… ](https://sms4smile.com/quotes/paul-krugman/the-us-budget-is-dominated-by-the-retirement-programs-social-security/) [Paul Krugman](https://sms4smile.com/quotes/author/paul-krugman/) [Image](https://sms4smile.com/quotes/i/ed9/paul-krugman-2255_army_the-us-budget-is-dominated-by-the-retire_1183597.png) ## Other authors on Budgets - [ ![](https://sms4smile.com/quotes/wp-content/uploads/sms4s/authors/processed/b020/author-rand-paul-77216.jpg) Rand Paul 12 quotes ](https://sms4smile.com/quotes/about/budgets/rand-paul/) - [ ![](https://sms4smile.com/quotes/wp-content/uploads/sms4s/authors/processed/b005/author-bill-gates-17911.jpg) Bill Gates 12 quotes ](https://sms4smile.com/quotes/about/budgets/bill-gates/) - [ ![](https://sms4smile.com/quotes/wp-content/uploads/sms4s/authors/processed/b024/author-william-j-clinton-95571.jpg) William J. Clinton 9 quotes ](https://sms4smile.com/quotes/about/budgets/william-j-clinton/) - [ ![](https://sms4smile.com/quotes/wp-content/uploads/sms4s/authors/processed/b008/author-donald-trump-30060.jpg) Donald Trump 9 quotes ](https://sms4smile.com/quotes/about/budgets/donald-trump/) - [ ![](https://sms4smile.com/quotes/wp-content/uploads/sms4s/authors/processed/b018/author-mitt-romney-68672.jpg) Mitt Romney 8 quotes ](https://sms4smile.com/quotes/about/budgets/mitt-romney/) - [ ![](https://sms4smile.com/quotes/wp-content/uploads/sms4s/authors/processed/b013/author-john-f-kennedy-51344.jpg) John F. Kennedy 8 quotes ](https://sms4smile.com/quotes/about/budgets/john-f-kennedy/) - [ ![](https://sms4smile.com/quotes/wp-content/uploads/sms4s/authors/processed/b012/author-jason-blum-47475.jpg) Jason Blum 8 quotes ](https://sms4smile.com/quotes/about/budgets/jason-blum/) - [ ![](https://sms4smile.com/quotes/wp-content/uploads/sms4s/authors/processed/b005/author-barack-obama-16275.jpg) Barack Obama 8 quotes ](https://sms4smile.com/quotes/about/budgets/barack-obama/) - [ ![](https://sms4smile.com/quotes/wp-content/uploads/sms4s/authors/processed/b021/author-ronald-reagan-81107.jpg) Ronald Reagan 7 quotes ](https://sms4smile.com/quotes/about/budgets/ronald-reagan/) - [ ![](https://sms4smile.com/quotes/wp-content/uploads/sms4s/authors/processed/b024/author-vladimir-putin-94037.jpg) Vladimir Putin 6 quotes ](https://sms4smile.com/quotes/about/budgets/vladimir-putin/) - [ ![](https://sms4smile.com/quotes/wp-content/uploads/sms4s/authors/processed/b004/author-ana-mendieta-12555.jpg) Duncan Jones 6 quotes ](https://sms4smile.com/quotes/about/budgets/duncan-jones/) - [ ![](https://sms4smile.com/quotes/wp-content/uploads/sms4s/authors/processed/b004/author-amity-shlaes-12363.jpg) Amity Shlaes 6 quotes ](https://sms4smile.com/quotes/about/budgets/amity-shlaes/) ## More by Paul Krugman > [People who are complaining about the Fed are people who've been predicting runaway inflation for five and six years, and it hasn't happened.](https://sms4smile.com/quotes/paul-krugman/people-who-are-complaining-about-the-fed-are-people-who-ve-been/) [Paul Krugman](https://sms4smile.com/quotes/author/paul-krugman/) > [Surely I'm not the only person to ask the obvious question: How different, really, is Mr. Madoff's tale from the story of the investment…](https://sms4smile.com/quotes/paul-krugman/surely-i-m-not-the-only-person-to-ask-the-obvious-question-how/) [Paul Krugman](https://sms4smile.com/quotes/author/paul-krugman/) > [“The rich are different from you and me: they have more influence.”](https://sms4smile.com/quotes/paul-krugman/the-rich-are-different-from-you-and-me-they-have-more-influence/) [Paul Krugman](https://sms4smile.com/quotes/author/paul-krugman/) > [“The Internet’s impact on the economy has been no greater than the fax machine’s….ten years from now, the phrase “information economy” will sound silly.…](https://sms4smile.com/quotes/paul-krugman/the-internet-s-impact-on-the-economy-has-been-no-greater-than-the-fax/) [Paul Krugman](https://sms4smile.com/quotes/author/paul-krugman/) > [Not all private equity people are evil. Only some.](https://sms4smile.com/quotes/paul-krugman/not-all-private-equity-people-are-evil-only-some/) [Paul Krugman](https://sms4smile.com/quotes/author/paul-krugman/) > [You really have to go searching desperately to find any contemporary examples of good, old-fashioned runaway inflation.](https://sms4smile.com/quotes/paul-krugman/you-really-have-to-go-searching-desperately-to-find-any-contemporary/) [Paul Krugman](https://sms4smile.com/quotes/author/paul-krugman/) > [However, the fact that an economist offers a theoretical analysis does not and should not automatically command respect. What is needed is some assurance…](https://sms4smile.com/quotes/paul-krugman/however-the-fact-that-an-economist-offers-a-theoretical-analysis-does/) [Paul Krugman](https://sms4smile.com/quotes/author/paul-krugman/) > [Politics determines who has the power, not who has the truth.](https://sms4smile.com/quotes/paul-krugman/politics-determines-who-has-the-power-not-who-has-the-truth/) [Paul Krugman](https://sms4smile.com/quotes/author/paul-krugman/) > [The key reason executives are paid so much now is that they appoint the members of the corporate board that determines their compensation and…](https://sms4smile.com/quotes/paul-krugman/the-key-reason-executives-are-paid-so-much-now-is-that-they-appoint/) [Paul Krugman](https://sms4smile.com/quotes/author/paul-krugman/) > [I've always believed in expansionary monetary policy and if necessary fiscal policy when the economy is depressed.](https://sms4smile.com/quotes/paul-krugman/i-ve-always-believed-in-expansionary-monetary-policy-and-if-necessary/) [Paul Krugman](https://sms4smile.com/quotes/author/paul-krugman/) > [...academic credentials are neither a necessary nor a sufficient condition for having your ideas taken seriously. If a famous professor repeatedly says stupid things,…](https://sms4smile.com/quotes/paul-krugman/academic-credentials-are-neither-a-necessary-nor-a-sufficient/) [Paul Krugman](https://sms4smile.com/quotes/author/paul-krugman/) > [It’s not about the budget; it’s about the power...So will the attack on unions succeed? I don’t know. But anyone who cares about retaining…](https://sms4smile.com/quotes/paul-krugman/it-s-not-about-the-budget-it-s-about-the-power-so-will-the-attack-on/) [Paul Krugman](https://sms4smile.com/quotes/author/paul-krugman/) > [When stock prices are rising, it's called ''momentum investing''; when they are falling, it's called ''panic.''](https://sms4smile.com/quotes/paul-krugman/when-stock-prices-are-rising-it-s-called-momentum-investing-when-they/) [Paul Krugman](https://sms4smile.com/quotes/author/paul-krugman/) > [I don't want a job in the administration; I think I'm more effective carping from the sidelines.](https://sms4smile.com/quotes/paul-krugman/i-don-t-want-a-job-in-the-administration-i-think-i-m-more-effective/) [Paul Krugman](https://sms4smile.com/quotes/author/paul-krugman/) > [Under the gold standard America had no major financial panics other than in 1873, 1884, 1890, 1893, 1907, 1930, 1931, 1932, and 1933.](https://sms4smile.com/quotes/paul-krugman/under-the-gold-standard-america-had-no-major-financial-panics-other/) [Paul Krugman](https://sms4smile.com/quotes/author/paul-krugman/) ```json { "@context": "https://schema.org", "@graph": [ { "@type": "ItemList", "@id": "https://sms4smile.com/quotes/about/budgets/paul-krugman/#itemlist", "name": "4 Budgets Quotes By Paul Krugman", "numberOfItems": 4, "itemListElement": [ { "@type": "ListItem", "position": 1, "item": { "@type": "Quotation", "text": "It’s not about the budget; it’s about the power...So will the attack on unions succeed? 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