Austerity Quote by Barack Obama

Deficits must be cut, yes, but the rush to austerity risks undermining the fragile global recovery.

— Alistair Darling

Our approach is to reject the old vicious circle of the '80s-rising debt, higher long-term interest rates, higher debt repayment costs, lower growth, higher…

— Gordon Brown

Look, I'm very much in favor of tax cuts, but not with borrowed money. And the problem that we've gotten into in recent years…

— Alan Greenspan

Ladies and gentlemen, the Reagan tax cuts turned the deepest recession since the Great Depression into the largest 20-year economic boom in American history.…

— Rush Limbaugh

“Overall, the “Reagan boom” not only produced widespread prosperity but—along with the attendant Soviet collapse—helped generate budget surpluses in the 1990s. Carter-Ford-era terms like…

— Paul Kengor

The world is likely to view any temporary extension of the income tax cuts for the top two percent as a prelude to a…

— Timothy Geithner

If you're really concerned about deficits, you cannot take seriously a budget that would give $30 billion a year worth of tax cuts to…

— Barack Obama

To the extent that we've got a fiscal crisis right now, part of it is prompted by a bullheaded insistence on the part of…

— Barack Obama

In short, the elimination of the financial legacy of Reaganomics could force the United States to make some exceptionally difficult choices indeed.

— Robert Gilpin

We're in a very Orwellian situation where when we - we've slashed defense. And we've raised taxes. And we consider $600 billion annual deficit…

— Victor Davis Hanson

Ronald Reagan cut taxes to raise the deficit to stop liberals in future years from increasing spending. Obama will raise spending to raise the…

— Dick Morris

Well, you know, we've got a lot of stimulus in the economy already from the tax cut, from the lowered interest rates, and also…

— Franklin Raines