--- title: "Meaning & Key Takeaway of: In a time of serious budget deficits…" description: "\"In a time of serious budget deficits, immense war costs and a sluggish economy, we cannot afford to grant such outlandish subsidies to some of our Nati..." image: "https://sms4smile.com/quotes/i/759/ron-kind-20316_budget-deficit_in-a-time-of-serious-budget-deficits-imm_1515657.jpg" --- # In a time of serious budget deficits, immense war costs… ![“In a time of serious budget deficits, immense war costs and a sluggish economy, we cannot afford to grant such outlandish subsidies to some of our Nations largest corporations.” quote by Ron Kind](https://sms4smile.com/quotes/i/759/ron-kind-20316_budget-deficit_in-a-time-of-serious-budget-deficits-imm_1515657.jpg) [Download](https://sms4smile.com/quotes/i/759/ron-kind-20316_budget-deficit_in-a-time-of-serious-budget-deficits-imm_1515657.jpg) [Open image](https://sms4smile.com/quotes/i/759/ron-kind-20316_budget-deficit_in-a-time-of-serious-budget-deficits-imm_1515657.jpg) > “In a time of serious budget deficits, immense war costs and a sluggish economy, we cannot afford to grant such outlandish subsidies to some of our Nations largest corporations.” [Ron Kind](https://sms4smile.com/quotes/author/ron-kind/) ## About This Quote This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation. Budget deficits and war costs prevent granting large subsidies to big corporations. **In simple terms:** Can't afford big subsidies amid deficits and war. Key Takeaway Prioritize fiscal responsibility. Themes economics policy budget war Mood analytical concerned Type political policy When to use this quote - government budgeting - policy debate - taxation Key Concepts public finance corporate subsidies economic sustainability Questions to Reflect On - How to balance corporate support and fiscal health? - What alternatives exist? A Different Perspective Subsidies may be needed for strategic industries. ★ ★ ★ ★ ★ No ratings yet [Budget deficit](https://sms4smile.com/quotes/about/budget-deficit/) [Budgets](https://sms4smile.com/quotes/about/budgets/) [Corporations](https://sms4smile.com/quotes/about/corporations/) [Economy](https://sms4smile.com/quotes/about/economy/) [Nations](https://sms4smile.com/quotes/about/nations/) [Subsidies](https://sms4smile.com/quotes/about/subsidies/) [Time](https://sms4smile.com/quotes/about/time/) [War](https://sms4smile.com/quotes/about/war/) ## Related quotes > [In a time of serious budget deficits, immense war costs and a sluggish economy, we cannot afford to grant such outlandish subsidies to some…](https://sms4smile.com/quotes/ron-kind/in-a-time-of-serious-budget-deficits-immense-war-costs-and-a-sluggish-2/) [Ron Kind](https://sms4smile.com/quotes/author/ron-kind/) > [And we will win the war, and there will be costs. But the military folks understand that, and so do I, and so does…](https://sms4smile.com/quotes/george-w-bush/and-we-will-win-the-war-and-there-will-be-costs-but-the-military/) [George W. Bush](https://sms4smile.com/quotes/author/george-w-bush/) > [The kids are saying 'Make Love, Not War', and I'm beginning to think they're right. For war costs millions of dollars a day, and…](https://sms4smile.com/quotes/nipsey-russell/the-kids-are-saying-make-love-not-war-and-i-m-beginning-to-think-they/) [Nipsey Russell](https://sms4smile.com/quotes/author/nipsey-russell/) > [The poor have been sent to the front lines of a federal budget deficit reduction war that few other groups were drafted to fight.](https://sms4smile.com/quotes/marian-wright-edelman/the-poor-have-been-sent-to-the-front-lines-of-a-federal-budget/) [Marian Wright Edelman](https://sms4smile.com/quotes/author/marian-wright-edelman/) > [The federal budget deficit is the biggest single impediment to revitalizing the American economy.](https://sms4smile.com/quotes/alice-rivlin/the-federal-budget-deficit-is-the-biggest-single-impediment-to/) [Alice Rivlin](https://sms4smile.com/quotes/author/alice-rivlin/) > [And there are a lot of groups or mayors that might say, hey, I need the money. I have budget deficit, so I have…](https://sms4smile.com/quotes/eric-bolling/and-there-are-a-lot-of-groups-or-mayors-that-might-say-hey-i-need-the/) [Eric Bolling](https://sms4smile.com/quotes/author/eric-bolling/) > [The social and racial conflict, which springs from the redistribution ideology, may deepen as economic output is shrinking and transfer 'entitlements cause budget deficits…](https://sms4smile.com/quotes/hans-f-sennholz/the-social-and-racial-conflict-which-springs-from-the-redistribution/) [Hans F. Sennholz](https://sms4smile.com/quotes/author/hans-f-sennholz/) > [ The climate, financial and national security crises are all connected. They share the same cause: Our \[the USA's\] absurd dependency on foreign oil. As… ](https://sms4smile.com/quotes/al-gore/the-climate-financial-and-national-security-crises-are-all-connected/) [Al Gore](https://sms4smile.com/quotes/author/al-gore/) > [If a government resorts to inflation, that is, creates money in order to cover its budget deficits or expands credit in order to stimulate…](https://sms4smile.com/quotes/henry-hazlitt/if-a-government-resorts-to-inflation-that-is-creates-money-in-order/) [Henry Hazlitt](https://sms4smile.com/quotes/author/henry-hazlitt/) > [One of the issues that we professional newspaper columnists are required by union regulations to voice grave concern about is the federal budget deficit,…](https://sms4smile.com/quotes/dave-barry/one-of-the-issues-that-we-professional-newspaper-columnists-are/) [Dave Barry](https://sms4smile.com/quotes/author/dave-barry/) > [I get a headache when I hear supporters of this endless warfare complaining about the federal budget deficits. They're like arsonists complaining about the…](https://sms4smile.com/quotes/bob-herbert/i-get-a-headache-when-i-hear-supporters-of-this-endless-warfare/) [Bob Herbert](https://sms4smile.com/quotes/author/bob-herbert/) > [Which European leader today would not relish the wonder-working powers of a Moses? Budget deficit? Unpopular cuts? How about just a little miracle, an…](https://sms4smile.com/quotes/jonathan-sacks/which-european-leader-today-would-not-relish-the-wonder-working/) [Jonathan Sacks](https://sms4smile.com/quotes/author/jonathan-sacks/) > [To avoid large and unsustainable budget deficits, the nation will ultimately have to choose among higher taxes, modifications to entitlement programs such as Social…](https://sms4smile.com/quotes/ben-bernanke/to-avoid-large-and-unsustainable-budget-deficits-the-nation-will/) [Ben Bernanke](https://sms4smile.com/quotes/author/ben-bernanke/) > [I will bring our energy companies back. They'll be able to compete. They'll make money. They'll pay off our national debt. They'll pay off…](https://sms4smile.com/quotes/donald-trump/i-will-bring-our-energy-companies-back-they-ll-be-able-to-compete/) [Donald Trump](https://sms4smile.com/quotes/author/donald-trump/) > [At times of recession, running a budget deficit is highly desirable. Once the economy begins to recover, you have to balance the budget. But…](https://sms4smile.com/quotes/george-soros/at-times-of-recession-running-a-budget-deficit-is-highly-desirable/) [George Soros](https://sms4smile.com/quotes/author/george-soros/) ## More by Ron Kind > [The one thing we can do is invest in the quality of education, especially higher education.](https://sms4smile.com/quotes/ron-kind/the-one-thing-we-can-do-is-invest-in-the-quality-of-education/) [Ron Kind](https://sms4smile.com/quotes/author/ron-kind/) > [We should see the leadership from the White House setting dates certain for certain goals of achieving greater alliance on alternative and renewable energy…](https://sms4smile.com/quotes/ron-kind/we-should-see-the-leadership-from-the-white-house-setting-dates/) [Ron Kind](https://sms4smile.com/quotes/author/ron-kind/) > [The key to any successful plan is buy-in from the public, and what this process has demonstrated is the importance of including citizens in…](https://sms4smile.com/quotes/ron-kind/the-key-to-any-successful-plan-is-buy-in-from-the-public-and-what/) [Ron Kind](https://sms4smile.com/quotes/author/ron-kind/) > [In addition, the oil royalties the Federal Government does not collect from big oil will starve the Land and Water Conservation Fund of critical…](https://sms4smile.com/quotes/ron-kind/in-addition-the-oil-royalties-the-federal-government-does-not-collect/) [Ron Kind](https://sms4smile.com/quotes/author/ron-kind/) > [Most of the scientific community believes that for the full potential of embryonic stem cell research to be reached, the number of cell lines…](https://sms4smile.com/quotes/ron-kind/most-of-the-scientific-community-believes-that-for-the-full-potential/) [Ron Kind](https://sms4smile.com/quotes/author/ron-kind/) > [Over the last few years, the world has become a smaller and more integrated place with technology that is leveling the playing field like…](https://sms4smile.com/quotes/ron-kind/over-the-last-few-years-the-world-has-become-a-smaller-and-more/) [Ron Kind](https://sms4smile.com/quotes/author/ron-kind/) > [We have seen what the dependence and addiction to foreign oil has done to us economically.](https://sms4smile.com/quotes/ron-kind/we-have-seen-what-the-dependence-and-addiction-to-foreign-oil-has/) [Ron Kind](https://sms4smile.com/quotes/author/ron-kind/) > [As the President reviewed the state of the union and unveiled his second-term agenda, he fell short of adequately explaining how he intends to…](https://sms4smile.com/quotes/ron-kind/as-the-president-reviewed-the-state-of-the-union-and-unveiled-his/) [Ron Kind](https://sms4smile.com/quotes/author/ron-kind/) > [In the underlying bill, I think the authors of the legislation, those in support of it, understand the use of the Mississippi River. Yes,…](https://sms4smile.com/quotes/ron-kind/in-the-underlying-bill-i-think-the-authors-of-the-legislation-those/) [Ron Kind](https://sms4smile.com/quotes/author/ron-kind/) > [Right now, a majority of the debt is owed to foreign interests, Japan being the largest purchaser of government debt today, soon to be…](https://sms4smile.com/quotes/ron-kind/right-now-a-majority-of-the-debt-is-owed-to-foreign-interests-japan/) [Ron Kind](https://sms4smile.com/quotes/author/ron-kind/) > [From its earliest days, stem cell research has been important to the people of Wisconsin.](https://sms4smile.com/quotes/ron-kind/from-its-earliest-days-stem-cell-research-has-been-important-to-the/) [Ron Kind](https://sms4smile.com/quotes/author/ron-kind/) > [We believe that economics does not necessarily have to be a zero-sum game; it can be a win-win proposition for everyone involved so long…](https://sms4smile.com/quotes/ron-kind/we-believe-that-economics-does-not-necessarily-have-to-be-a-zero-sum/) [Ron Kind](https://sms4smile.com/quotes/author/ron-kind/) > [As founder and co-chair of the upper Mississippi River Congressional task force, I have long sought to preserve the river's health and historical multiple…](https://sms4smile.com/quotes/ron-kind/as-founder-and-co-chair-of-the-upper-mississippi-river-congressional/) [Ron Kind](https://sms4smile.com/quotes/author/ron-kind/) > [I believe that we as the leader of the Free World must provide important leadership on the ethical parameters, the ethical constraints that this…](https://sms4smile.com/quotes/ron-kind/i-believe-that-we-as-the-leader-of-the-free-world-must-provide/) [Ron Kind](https://sms4smile.com/quotes/author/ron-kind/) > [Judicial review has been a part of our democracy in this constitutional government for over 200 years.](https://sms4smile.com/quotes/ron-kind/judicial-review-has-been-a-part-of-our-democracy-in-this/) [Ron Kind](https://sms4smile.com/quotes/author/ron-kind/) [Explore all 31 Ron Kind quotes ](https://sms4smile.com/quotes/author/ron-kind/) ## More Budget deficit quotes > [At times of recession, running a budget deficit is highly desirable. Once the economy begins to recover, you have to balance the budget. But…](https://sms4smile.com/quotes/george-soros/at-times-of-recession-running-a-budget-deficit-is-highly-desirable/) [George Soros](https://sms4smile.com/quotes/author/george-soros/) > [I will bring our energy companies back. They'll be able to compete. They'll make money. They'll pay off our national debt. They'll pay off…](https://sms4smile.com/quotes/donald-trump/i-will-bring-our-energy-companies-back-they-ll-be-able-to-compete/) [Donald Trump](https://sms4smile.com/quotes/author/donald-trump/) > [To avoid large and unsustainable budget deficits, the nation will ultimately have to choose among higher taxes, modifications to entitlement programs such as Social…](https://sms4smile.com/quotes/ben-bernanke/to-avoid-large-and-unsustainable-budget-deficits-the-nation-will/) [Ben Bernanke](https://sms4smile.com/quotes/author/ben-bernanke/) > [Which European leader today would not relish the wonder-working powers of a Moses? Budget deficit? Unpopular cuts? How about just a little miracle, an…](https://sms4smile.com/quotes/jonathan-sacks/which-european-leader-today-would-not-relish-the-wonder-working/) [Jonathan Sacks](https://sms4smile.com/quotes/author/jonathan-sacks/) > [I get a headache when I hear supporters of this endless warfare complaining about the federal budget deficits. They're like arsonists complaining about the…](https://sms4smile.com/quotes/bob-herbert/i-get-a-headache-when-i-hear-supporters-of-this-endless-warfare/) [Bob Herbert](https://sms4smile.com/quotes/author/bob-herbert/) > [One of the issues that we professional newspaper columnists are required by union regulations to voice grave concern about is the federal budget deficit,…](https://sms4smile.com/quotes/dave-barry/one-of-the-issues-that-we-professional-newspaper-columnists-are/) [Dave Barry](https://sms4smile.com/quotes/author/dave-barry/) > [If a government resorts to inflation, that is, creates money in order to cover its budget deficits or expands credit in order to stimulate…](https://sms4smile.com/quotes/henry-hazlitt/if-a-government-resorts-to-inflation-that-is-creates-money-in-order/) [Henry Hazlitt](https://sms4smile.com/quotes/author/henry-hazlitt/) > [ The climate, financial and national security crises are all connected. They share the same cause: Our \[the USA's\] absurd dependency on foreign oil. As… ](https://sms4smile.com/quotes/al-gore/the-climate-financial-and-national-security-crises-are-all-connected/) [Al Gore](https://sms4smile.com/quotes/author/al-gore/) > [The social and racial conflict, which springs from the redistribution ideology, may deepen as economic output is shrinking and transfer 'entitlements cause budget deficits…](https://sms4smile.com/quotes/hans-f-sennholz/the-social-and-racial-conflict-which-springs-from-the-redistribution/) [Hans F. Sennholz](https://sms4smile.com/quotes/author/hans-f-sennholz/) > [And there are a lot of groups or mayors that might say, hey, I need the money. I have budget deficit, so I have…](https://sms4smile.com/quotes/eric-bolling/and-there-are-a-lot-of-groups-or-mayors-that-might-say-hey-i-need-the/) [Eric Bolling](https://sms4smile.com/quotes/author/eric-bolling/) > [The federal budget deficit is the biggest single impediment to revitalizing the American economy.](https://sms4smile.com/quotes/alice-rivlin/the-federal-budget-deficit-is-the-biggest-single-impediment-to/) [Alice Rivlin](https://sms4smile.com/quotes/author/alice-rivlin/) > [The poor have been sent to the front lines of a federal budget deficit reduction war that few other groups were drafted to fight.](https://sms4smile.com/quotes/marian-wright-edelman/the-poor-have-been-sent-to-the-front-lines-of-a-federal-budget/) [Marian Wright Edelman](https://sms4smile.com/quotes/author/marian-wright-edelman/) > [ Europe is right to tell us to reduce this \[France's budget\] deficit and spend less. Europe is right to demand this of us but… ](https://sms4smile.com/quotes/nicolas-sarkozy/europe-is-right-to-tell-us-to-reduce-this-france-s-budget-deficit-and/) [Nicolas Sarkozy](https://sms4smile.com/quotes/author/nicolas-sarkozy/) > [If we discovered that, you know, space aliens were planning to attack and we needed a massive buildup to counter the space alien threat…](https://sms4smile.com/quotes/paul-krugman/if-we-discovered-that-you-know-space-aliens-were-planning-to-attack/) [Paul Krugman](https://sms4smile.com/quotes/author/paul-krugman/) > [I've, we have in this state, like many other states, we're experiencing an enormous budget deficit that we're trying to grapple with. But we…](https://sms4smile.com/quotes/jennifer-granholm/i-ve-we-have-in-this-state-like-many-other-states-we-re-experiencing/) [Jennifer Granholm](https://sms4smile.com/quotes/author/jennifer-granholm/) [Browse all 44 Budget deficit quotes ](https://sms4smile.com/quotes/about/budget-deficit/) ```json { "@context": "https://schema.org", "@graph": [ { "@type": "Quotation", "text": "In a time of serious budget deficits, immense war costs and a sluggish economy, we cannot afford to grant such outlandish subsidies to some of our Nations largest corporations.", "creator": { "@type": "Person", "name": "Ron Kind" }, "isPartOf": { "@id": "https://sms4smile.com/quotes/#website" }, "url": "https://sms4smile.com/quotes/ron-kind/in-a-time-of-serious-budget-deficits-immense-war-costs-and-a-sluggish/", "about": { "@type": "Thing", "name": "Budget deficit" }, "@id": "https://sms4smile.com/quotes/ron-kind/in-a-time-of-serious-budget-deficits-immense-war-costs-and-a-sluggish/#quotation", "image": { "@type": "ImageObject", "@id": "https://sms4smile.com/quotes/i/759/ron-kind-20316_budget-deficit_in-a-time-of-serious-budget-deficits-imm_1515657.jpg", "contentUrl": "https://sms4smile.com/quotes/i/759/ron-kind-20316_budget-deficit_in-a-time-of-serious-budget-deficits-imm_1515657.jpg", "url": "https://sms4smile.com/quotes/i/759/ron-kind-20316_budget-deficit_in-a-time-of-serious-budget-deficits-imm_1515657.jpg", "width": 1080, "height": 1080, "caption": "“In a time of serious budget deficits, immense war costs and a sluggish economy, we cannot afford to grant…” — Ron Kind", "creditText": "SMS4Smile Quotes", "creator": { "@id": "https://sms4smile.com/quotes/#organization" } } }, { "@type": "BreadcrumbList", "itemListElement": [ { "@type": "ListItem", "position": 1, "name": "Home", "item": "https://sms4smile.com/" }, { "@type": "ListItem", "position": 2, "name": "Quotes", "item": "https://sms4smile.com/quotes/" }, { "@type": "ListItem", "position": 3, "name": "Ron Kind", "item": "https://sms4smile.com/quotes/author/ron-kind/" }, { "@type": "ListItem", "position": 4, "name": "In a time of serious budget...", "item": "https://sms4smile.com/quotes/ron-kind/in-a-time-of-serious-budget-deficits-immense-war-costs-and-a-sluggish/" } ], "@id": "https://sms4smile.com/quotes/ron-kind/in-a-time-of-serious-budget-deficits-immense-war-costs-and-a-sluggish/#breadcrumb" }, { "@type": "WebSite", "@id": "https://sms4smile.com/quotes/#website", "name": "SMS4Smile Quotes", "url": "https://sms4smile.com/quotes/", "publisher": { "@id": "https://sms4smile.com/quotes/#organization" } }, { "@type": "Organization", "@id": "https://sms4smile.com/quotes/#organization", "name": "SMS4Smile Quotes", "url": "https://sms4smile.com/quotes/", "logo": { "@type": "ImageObject", "url": "https://sms4smile.com/quotes/wp-content/themes/sq/assets/icons/icon-512.png", "width": 512, "height": 512 } } ] } ```