Economic growth and job creation remain the government's top priority, despite a federal deficit that is "too high," Treasury Secretary Timothy Geithner said in an interview broadcast Sunday
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RECOMMENDED READING
- The Coming Generational Storm By Laurence J. Kotlikoff and Scott Burns
- Gray Dawn By Peter G. Peterson
- Running on Empty By Peter G. Peterson
Quotes
- “The US government has a technology, called a printing press… that allows it to produce as many US dollars as it wishes at essentially no cost.” – Ben Bernanke
- "Central banking is the most brilliant device of profit-seeking monopolists and oligopolists in human history. Nothing else comes close. Hardly anyone understands it, so there is no organized opposition." - Gary North
- "If our policymakers wait to address these growing debts until they are out of control, the solutions will be drastic and painful" Villarreal.
- "Obama's team employed one of the oldest budget tricks in the books — exaggerating economic growth — to hide the true cost of his tax and spending plans." IBD
- "Never allow a crisis to go to waste. They are opportunities to do big things." Rahm Emanuel
- "Obama’s Trillion Dollar Debt Plan is not a ‘change’ from Bush, it is Bushonomics on steroids." The Heritage Foundation
- "A stimulus bill should stimulate, not grow government" IBD
- "What we have done is kicked this can down the road; we are now at the end of the road and are not in a position to kick it any further" Obama
- "What’s good for the country my children will inherit?" Obama
- "Is it a safety net, or a hammock?" Lazarovici
- “If deficit spending stimulated the economy, with $2 trillion already out there, the economy should be performing like a double shot of espresso.” J.D. Foster
- “Whenever you bail something out, you have to take resources from people doing well. It’s a zero sum game.” Arthur Laffer
Links
Blog Archive
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November
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- Pelosi: Americans Would Accept More Red Ink in Exc...
- Voter Anger Is Building Over Deficits
- National Debt Now Tops $12 Trillion
- Freshman House GOP’ers Urge Pelosi For Separate Vo...
- The Coming Deficit Disaster
- Wave of Debt Payments Facing U.S. Government
- House v. Senate: Who Should We Tax for Health Care?
- Can We Save Social Security?
- The Hidden Costs of Too Much Government Debt
- After spending binge, White House says it will foc...
- US government deficit hit a record for October
- “I Went Against My Free-Market Instincts”
- Federal Government will happily take donations to ...
- Why America Is Flat Broke
- This Crisis Is Not a Market Failure. It’s a Monume...
- US set to hit national debt limit in December
- Why Wouldn’t the U.S. Just Print its Way Out of Debt?
- How the Government Is Swallowing the Economy
- Geithner: Deficit reduction has to wait
- Promise Broken
- Lemonade Stand Raises Awareness of National Debt
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