Economy Quote by Judd Gregg
“Actually, I have been very supportive of a very robust stimulus package from day one. I think this economy has to have a major stimulus initiative because the only group with liquidity is the federal government.”
About This Quote
Source Speech: Congressional Testimony on Economic Stimulus, 2020
The speaker supports a large stimulus package, arguing the federal government is the only entity with sufficient liquidity to drive the economy.
In simple terms: Government has the money to boost the economy.
Key Takeaway
Support targeted fiscal stimulus.
Themes
economics
policy
government
liquidity
stimulus
Mood
analytical
pragmatic
concerned
Type
political
economic
policy
When to use this quote
- recovery from recession
- infrastructure projects
- public health funding
- business support
Key Concepts
macroeconomics
fiscal policy
public finance
Questions to Reflect On
- How can stimulus be directed to maximize long‑term growth?
- What safeguards prevent misuse of government liquidity?
A Different Perspective
Risk of inflation or inefficient allocation of funds.
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![“According to, for example, one academic by the name of Philip Harvey, whose expertise is basically how do we create a New Deal, today. According to his estimate, these jobs could be created for far less than the [Barack] Obama stimulus package, which cost, you know, $700 or $800 billion, something…” quote by Jill Stein](https://sms4smile.com/quotes/img-quotes/4bb/jill-stein-660_academic_according-to-for-example-one-academic-by_1278852.jpg)
![“This nation is on a course where if we don't do something about it, get federal situation, the fiscal policy [under control], we're Greece. We're a banana republic. Our status as a nation is threatened by what we've got coming at us in the area of deficit and debt. And it's only a few more years…” quote by Judd Gregg](https://sms4smile.com/quotes/img-quotes/1a8/judd-gregg-19676_areas_this-nation-is-on-a-course-where-if-we-d_1043447.jpg)
