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.”
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.
Beware political manipulation of economics.
Themes
Mood
Type
When to use this quote
- budget planning
- legislative negotiations
- public communication
- financial forecasting
Key Concepts
Questions to Reflect On
- How can we protect the economy from political leverage?
- What alternatives exist to raising the debt ceiling?
Economic decisions also depend on broader fiscal context.