Country Quote by Jean Chretien

The Canadian debt-to-GDP ratio will continue to decrease every year, including the first three years under the Liberal government. That is what we're focused…

— Justin Trudeau

The way to reduce the deficit is to create jobs and work opportunities so that people will have money with which to pay taxes.

— Danny K. Davis

Let's be clear: deficit reduction alone is not an economic plan.

— Barack Obama

Imagine bringing Canada into a trillion-and-a-half of deficit. That's insane.

— Kevin O'Leary

In order to reduce the deficit, there has to be revenue in addition to cuts.

— Jim Lehrer

I'm ashamed of what has happened to Canada. And I'm not leaving a $1.5 trillion deficit to my kids. No chance in hell is…

— Kevin O'Leary

Traditionally, the way deficits have been cut is you hold expenditures more or less constant in real dollars and then let growth come in…

— Phil Bredesen

Canadians no longer have any financial room. Half of Canadians are $200 away from insolvency. They are facing a slowing economy with a diminishing…

— Pierre Poilievre

Cutting the fiscal deficit is not popular. That is the experience of all governments in all countries. Expenditure cuts hurt certain vested interests, and…

— Manmohan Singh

The federal budget deficit isn't the nation's major economic problem and deficit reduction shouldn't be our major goal. Our problem is lack of good…

— Robert Reich

When done right - or wrong, depending on how you look at it - deficits remove liberal options from the table. Suddenly there's no…

— Thomas Frank

The American people will eventually get hurt by this accumulated deficit. That's the problem. We have too much deficit. We have to find a…

— Nassim Nicholas Taleb