"If there's a severe recession, the automatic stabilizers……" — Franklin Raines
"If there's a severe recession, the automatic stabilizers will come into effect, and we will still try to reduce the structural deficit, but we will not try to keep cutting the budget so that we keep worsening a severe recession."
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Franklin Raines
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19 Quotes by Franklin Raines
Franklin Raines has 19 quotes on this site.
A few more worth reading:
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We think if the economy remains weak that we could see mortgage rates trail down and we think that we…
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Well, we're just now seeing the reductions in mortgage rates. The mortgage rates are based on the ten-year rate and…
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And so Fannie Mae produces very strong results for investors in - when interest rates are high and when interest…
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And so the danger for the housing industry is if we see interest rates rise.
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And so we have to be careful with looking at additional stimulus that we don't provoke an increase in the…
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I think if you go beyond a year - if this continues into the system in the out years, I…
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Right now the long-term investors are telling us that they're not as concerned about inflation and so we're seeing these…
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So from the housing standpoint, steady as you go, I think, would be the best medicine.
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The automatic stabilizer is unemployment insurance, food stamps, additional coverage of Medicaid.
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They flooded liquidity in the marketplace but the mortgage rate is based much more on expectations of inflation. So if…
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Well, I think as long as people are talking about stimulus, I think the Fed will be thinking about cutting…
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Well, I think the best form would be to put money directly in the pockets of consumers.
See all 19 quotes by Franklin Raines »
More Automatic Quotes
This quote is filed under Automatic Quotes,
one of 237 quotes in that category. Here are a few more:
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Speaking for myself, art differs from writing in that I never know what I'm going to paint until I paint…
— William S. Burroughs
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Your automatic creative mechanism is teleological. That is, it operates in terms of goals and end results. Once you give…
— Maxwell Maltz
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Non-violent resistance implies the very opposite of weakness. Defiance combined with non-retaliatory acceptance of repression from one's opponents is active,…
— Mahatma Gandhi
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There are no automatic links between poverty and terrorism. Among millions of poor people in the world, only a few…
— Gijs de Vries
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We must make automatic and habitual, as early as possible, as many useful actions as we can, and as carefully…
— William James
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We have a simple rule for switching. Anytime there is movement over the top of a screen, there has to…
— Ralph Miller
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The more you extend kindness to yourself, the more it will become your automatic response to others.
— Wayne Dyer
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The nervous system and the automatic machine are fundamentally alike in that they are devices, which make decisions on the…
— Norbert Wiener
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Good habits, which bring our lower passions and appetites under automatic control, leave our natures free to explore the larger…
— Ralph Washington Sockman
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The acorn becomes an oak by means of automatic growth; no commitment is necessary. The kitten similarly becomes a cat…
— Rollo May
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Science affects the average man and woman in two ways already. He or she benefits by its application driving a…
— John B. S. Haldane
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I experimented with all possible maneuvers-loops, somersaults and barrel rolls. I stood upside down on one finger and burst out…
— Jacques Yves Cousteau
See all 237 Automatic Quotes »