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Achieve Quote by Jay Carney

“The debate we won't be having is whether or not the debt ceiling should be raised. We will not have a situation where people will hold the American economy hostage in order to achieve a specific agenda - at least not until 2013. So we think that is incredibly important as a matter of economic good.” quote by Jay Carney
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“The debate we won't be having is whether or not the debt ceiling should be raised. We will not have a situation where people will hold the American economy hostage in order to achieve a specific agenda - at least not until 2013. So we think that is incredibly important as a matter of economic good.”

Jay Carney

About This Quote

Source Speech: Economic Forum, 2012

The real issue is the debt ceiling; raising it could hostage the economy for political aims.

In simple terms: Debt ceiling debates can be used politically.

Key Takeaway

Beware political manipulation of economics.

Themes

politics economics policy debt ceiling

Mood

cautious analytical

Type

political economic

When to use this quote

  • budget planning
  • legislative negotiations
  • public communication
  • financial forecasting

Key Concepts

fiscal responsibility political strategy

Questions to Reflect On

  • How can we protect the economy from political leverage?
  • What alternatives exist to raising the debt ceiling?
A Different Perspective

Economic decisions also depend on broader fiscal context.

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