Quotes & Sayings About Deficit

The number one priority now is reducing the deficit that they [Labour] left us - the biggest deficit since the Second World War. — Iain Duncan Smith

Is there a different between Attention Deficit Disorder and daydreaming? He mused. Ah, there I go again. Focus, — Stephen R. King

Children from like 8 and even up to the college age - Spider-Man appeals to a fairly broad demographic but, like I said, a mean age probably of 12 is a good mark - they process information so quickly and it's not because of attention deficit or short attention span. — Thomas Haden Church

If the interest rate the country pays on its debt is higher than the growth of nominal GDP (that's real GDP plus inflation) that debt ratio automatically goes up - unless the government runs a surplus in the budget excluding interest. Conversely, when the interest rate a country pays on its debt is below its growth rate, the ratio automatically drops, unless there's a deficit in the budget, excluding interest. The latter scenario - having interest rates below the growth rate - is like having the wind at your back. And that's the situation Spain, Ireland and Portugal should all be in this year. Italy is close. — Anonymous

Challenges of historic import threaten America's future. Action on the deficit, economy, energy, health care and much more is imperative, yet our legislative institutions fail to act. Congress must be reformed. — Evan Bayh

The deficit crisis is real and must be addressed. But it cannot be solved on the backs of the weak and vulnerable. — Bernie Sanders

I love listening to these guys give us lectures about debt and deficits. I inherited a trillion-dollar deficit ... This notion that somehow we caused the deficits is just wrong. It's just not true ... If they start trying to give you a bunch of facts and figures suggesting that it's true, what they're not telling you is they baked all this stuff into the cake with those tax cuts and a prescription drug plan that they didn't pay for and the wars. — Barack Obama

As a child, Zaphod had been diagnosed with ADHDDAAADHD (ntm) ABT which stood for Always Dreaming His Dopey Days Away, Also Attention Deficit Hyperflactulance Disorder (not to mention) A Bit Thick. — Eoin Colfer

If you raise taxes, it won't reduce the deficit. The other team will simply spend the resources. — Grover Norquist

President Obama told a group of school children that broccoli was his favorite food, and they believed him. Then he told them Obamacare would reduce the deficit and the kids all busted out laughing. — Jay Leno

I could end the deficit in 5 minutes. You just pass a law that says that anytime there is a deficit of more than 3% of GDP all sitting members of congress are ineligible for reelection. — Warren Buffett

America cut back on "welfare" from the 1970s onward. Family income support fell from 0.4 percent of GDP in 1970 to under 0.2 percent in 2010.16 Welfare still looms large in the public's imagination, but it plays little role in the budget and the deficit. It's been a long time since America was generous to its poor families with children! The — Jeffrey D. Sachs

Well you know I'm very supportive of what the Tea Party is trying to do. They're very concerned with spending, the deficit, the bailouts, you know all of those kinds of things. But I really think that the strength of the Tea Party is being a grassroots movement. — John Boozman

The only way America can reduce the long-term budget deficit, maintain vital services, protect Social Security and Medicare, invest more in education and infrastructure, and not raise taxes on the working middle class is by raising taxes on the super rich. — Robert Reich

Governing isn't as easy as you think. Many of you have taken pledges that are contradictory - to balance the budget and cut taxes, for example. You must be honest about the numbers, since our annual deficit now exceeds all discretionary spending combined. — Brian Baird

Health care is still the number-one issue out there. Someone who seizes it, I think, will do very well in an election. Let's face it: Clinton's two big issues were the middle class tax cut, which he dropped, wisely, at the time to help reduce the deficit, and health care. That's what he ran on. — Russ Feingold

When the U.K. or U.S. government issues bonds to fund a deficit, the buyers are not solely in the U.K. or the U.S. - they're in Asia, Europe, Latin America and the Middle East. Investment banks provide direct access to these buyers. — Bob Diamond

what might have looked like courage proved to be a deficit of common sense and an excess of self-importance, too strong a faith in his genius and superiority - not courage at all, but the rash actions of an ordinary narcissist incapable of imagining that he might fail. — Dean Koontz

What we also have to recognize is that the deficit levels that I'm inheriting, over a trillion dollars, coming out of last year, that that is unsustainable. At a certain point, other countries stop buying our debt, at a certain point, we'd end up having to raise interest rates, and it would end up creating more economic chaos and potentially inflation. — Barack Obama

People in Japan and the Faeroe Islands kill dolphins and pilot whales by running steel rods into their spinal columns while they squeal in pain and terror and thrash in agony. (In Japan, it's illegal to kill cows and pigs as painfully and inhumanely as they kill dolphins.) The lack of compassion for dolphins and whales indicates that humans' "theory of mind" is incomplete. We have an empathy shortfall, a compassion deficit. And human-on-human violence, abuse, and ethnic and religious genocide are all too pervasive in our world. No elephant will ever pilot a jetliner. And no elephant will ever pilot a jetliner into the World Trade Center. We have the capacity for wider compassion, but we don't fully live up to ourselves. Why do human egos seem so threatened by the thought that other animals think and feel? Is it because acknowledging the mind of another makes it harder to abuse them? We seem so unfinished and so defensive. Maybe incompleteness is one of the things that "makes us human. — Carl Safina

however much such loans may temporarily relieve the situation, the Government is still indebted for the amount of the surplus thus accrued, which it must ultimately pay, while its ability to pay is not strengthened, but weakened by a continued deficit. — George Washington

In 2011 India's Test team was crowned as world cricket's leading side for the first time in its history. The foundations for this global domination can be traced to a decade earlier, when a career-defining performance by VVS Laxman helped to turn a whole series on its head as India, in the face of a seemingly unassailable deficit, staged an unbelievable recovery to go on and overpower what many considered to be the finest cricket team ever assembled. — Dave Wilson

Coming into World War II, we were seen as a conquering hero for beleaguered people, we are now seen as invader, an occupier. And what that is saying is we have more might than right, so we kind of have a kind of moral deficit disorder. And that's why a leader must lift us back to the higher ground, because at the end of the day what makes you strong is that you are believable, that as significant as might is, ultimately right is even stronger than might. — Jesse Jackson

One [dogma] is that violence is caused by a deficit of morality and justice. On the contrary, violence is often caused by a surfeit of morality and justice, at least as they are conceived in the minds of the perpetrators. — Steven Pinker

It's not a disability, it's life. We are complicated creatures with larger matters on our plate than tip calculation. I grew up watching TV with my mother while she diagnosed the characters as having hyperactivity or attention-deficit disorder. I rolled my eyes and wondered why there weren't any stupid kids anymore. Why did there have to be something to explain everyone? Were the cave people on Ritalin? I didn't think so. — Sloane Crosley

If you look at the studies coming out of the Congressional Budget Office, the number one thing that's going to blow a hole in the deficit as we go forward 20, 30 years is government spending on healthcare. — Christina Romer

As the U.S. trade deficit, and the portion of that deficit attributed to China, continue to grow, our own economy is at risk of losing its reputation as a leader in world trade. — Jo Ann Emerson

You want a better world ... ? Legalize pot right now ... end the deficit? Legalize pot right now ... biggest cash crop in America. — Bill Hicks

When we are cut off from the fulfillment of our basic needs we seek out substitutes to temporarily ease the longing. Bereft of connection to nature, connection to community, intimacy, meaningful self-expression, ensouled dwellings and built environment, spiritual connection, and the feeling of belonging, lots of us over-consume, overeat, over-shop, and over-accumulate. How much do you need to eat, to compensate for a feeling of not belonging? How much pornography to compensate for a deficit of intimacy? How much money to compensate for a deep sense of insecurity? No amount is enough — Charles Einstein

The body responds to a calorie deficit by slowing down the metabolism and burning muscle tissue. That leads to weakness, sluggishness, slow times. In girls, it can also result in cessation of menstrual periods, which in turn leads to loss of bone density and frequent stress fractures. — Don Kardong

I now say that the world has the technology - either available or well advanced in the research pipeline - to feed on a sustainable basis a population of 10 billion people. The more pertinent question today is whether farmers and ranchers will be permitted to use this new technology? While the affluent nations can certainly afford to adopt ultra low-risk positions, and pay more for food produced by the so-called "organic" methods, the one billion chronically undernourished people of the low income, food-deficit nations cannot. — Norman Borlaug

I ask the American people not to fall victim to disinformation. There are no death panels. The Affordable Care Act cuts the deficit. — Al Franken

There is a nationwide shortage of drugs for Attention Deficit Disorder. The FDA says they're not sure how it happened. I guess somebody wasn't paying attention. — Jay Leno

For decades, the Arab states have seemed exceptions to the laws of politics and human nature. While liberty expanded in many parts of the globe, these nations were left behind, their 'freedom deficit' signaling the political underdevelopment that accompanied many other economic and social maladies. — Elliott Abrams

Democrats in Washington predicted that tax cuts would not create jobs, would not increase wages, and would cause the federal deficit to explode. Well, the facts are in. The tax cuts have led to a strong economy. Real wages were on the rise, and deficit has been cut in half three years ahead of schedule. — George W. Bush

There is nothing more entertaining then leaving someone speechless. Yet, there is nothing sadder than realizing that person was incapable of retaining half of what you said, and will repeat the story all wrong to someone else. — Shannon L. Alder

Is this money well spent? This is taxpayer money, it is going to be adding to the deficit short term and if we can't justify it, then we're not going to spend tens or hundreds of billions of dollars, just to make somebody happy, if it's not good for the economy. — Barack Obama

Reading is everything. Reading makes me feel like I've accomplished something, learned something, become a better person. Reading makes me smarter. Reading gives me something to talk about later on. Reading is the unbelievably healthy way my attention deficit disorder medicates itself. Reading is escape, and the opposite of escape; it's a way to make contact with reality after a day of making things up, and it's a way of making contact with someone else's imagination after a day that's all too real. Reading is grist. Reading is bliss. — Nora Ephron

When the country's indebtedness is so colossal and where the budget deficit is so huge, there is a moral obligation on people to pay their fair and reasonable dues. — John Caudwell

What is the biggest public forum in the United States? We were told it's the Super Bowl. The ad shows kids working at blue-collar jobs, and the final statement is just written text: Who's going to pay for the trillion dollar deficit? — Joan Blades

The deficit is the symptom, but spending is the disease. — Jeb Hensarling

A wisdom deficit - fewer elders and even fewer people who listen to them. — Jonas Salk

Money flows into the US, and inflates US assets, and allows the US to have a monstrous trade deficit. That means we are consuming more than we are producing. — David Korten

Social Security has nothing to do with the deficit. — Bernie Sanders

We're actually just moving one type of deficit to another. But, the problem with this second type of deficit is that you drive on it and then it falls down. — Ezra Klein

And to preserve their independence, we must not let our rulers load us with perpetual debt. We must make our election between economy and liberty, or profusion and servitude. If we run into such debts, as that we must be taxed in our meat and in our drink, in our necessaries and our comforts, in our labors and our amusements, for our callings and our creeds, as the people of England are, our people, like them, must come to labor sixteen hours in the twenty-four, give the earnings of fifteen of these to the government for their debts and daily expenses; and the sixteenth being insufficient to afford us bread, we must live, as they now do, on oatmeal and potatoes; have no time to think, no means of calling the mismanagers to account; but be glad to obtain subsistence by hiring ourselves to rivet their chains on the necks of our fellow-sufferers. — Thomas Jefferson

ECONOMIC IMPACT - The United States buys almost three quarters of a trillion dollars ($738,000,000,000.00) more from overseas suppliers than it sells in exports (balance of trade deficit). Overall, the US buys about $ 2.5 trillion dollars in goods and services produced by the other nations of the world every year. With the United States gone as the world's economic engine, the remaining nations of the world will, in varying degrees, immediately suffer from staggering financial depression. The financial credit crisis that started in mid-September, 2008 in the United States, soon reverberated in stock markets across the world. — John Price

It's not a question we ask ourselves enough, I think; as a country, we seem to be suffering from an empathy deficit. We wouldn't tolerate schools that don't teach, that are chronically underfunded and understaffed and underinspired, if we thought that the children in them were like our children. I believe a stronger sense of empathy would tilt the balance of our current politics in favor of those who are struggling. If we fail to help, we diminish ourselves. — Barack Obama

Democrats were quick to point out that President Bush's budget creates a 1 trillion dollar deficit. The White House quickly responded with 'Hey, look over there, it's Saddam Hussein.' — Craig Kilborn

If you think about it, candidate Obama, Sen. Obama, was running on sort of long-run economic issues, like restoring prosperity to the middle class, dealing with the perennial problem of health care in the United States. He talked a lot about the budget deficit, about the need to transition to clean energy. — Christina Romer

A drastic reduction in the deficit ... will take place in the fiscal year '82. — Ronald Reagan

With a strong domestic economy, low national unemployment at 5 percent, and increasing retail sales, the picture should look rosy. But one look at the trade deficit changes all of that. — Jo Ann Emerson

The government deficit is the difference between the amount of money the government spends and the amount it has the nerve to collect. — Sam Ewing

The Democrats - Democrats on board, the Congress said tax policy.But their tax policy was pretty bad, that added $800 billion to the deficit. — Lawrence O'Donnell

What's hurting the U.S. economy is total government spending. The deficit is an indicator that the government is spending so much money that it can't even get around to stealing all of the money that it wants to spend. But the tip of the iceberg is not what hit the Titanic - it was the 90 percent of the iceberg under water. — Grover Norquist

Our first benchmark is to cut the deficit more quickly to safeguard Britain's credit rating. I know that we are taking a political gamble to set this up as a measure of success. Protecting the credit rating will not be easy The pace of fiscal consolidation will be co-ordinated with monetary policy. And we will protect Britain's credit rating and international reputation. — George Osborne

meaning indifferent to the distinction between things. It is not, on the whole, that natural phenomena and entities themselves are disappearing; rather that there are fewer people able to name them, and that once they go unnamed they go to some degree unseen. Language deficit leads to attention deficit. As — Robert Macfarlane

If there's a severe recession, the automatic stabilizers will come into effect, and we will still try to reduce the structural deficit, but we will not try to keep cutting the budget so that we keep worsening a severe recession. — Franklin Raines

We do ourselves a disservice when some of us cave to the myth that Social Security somehow drives the deficit. — Martin O'Malley

He remembered Alejandra and the sadness he'd first seen in the slope of her shoulders which he'd presumed to understand and of which he knew nothing and he felt a loneliness he'd not known since he was a child and he felt wholly alien to the world although he loved it still. He thought that in the beauty of the world were hid a secret. He thought the world's heart beat at some terrible cost and that the world's pain and it's beauty moved in a relationship of diverging equity and that in this headlong deficit the blood of multitudes might ultimately be exacted for he vision of a single flower. — Cormac McCarthy

We've used up a lot of bullets. And we talk about stimulus. But the truth is, we're running a federal deficit that's 9 percent of GDP. That is stimulative as all get out. It's more stimulative than any policy we've followed since World War II. — Warren Buffett

Higher taxes never reduce the deficit. Governments spend whatever they take in and then whatever they can get away with. — Milton Friedman

We are on pace this year to have a trade deficit that is larger than $800 billion. We have never faced that before, but we continue to put forward trade agreements like these that leave us naked to competition that is neither free nor fair. — Xavier Becerra

Several elements of the ADD mind favor creativity ... As mentioned earlier, the term 'attention deficit' is a misnomer. It is a matter of attention inconsistency. While it is true that the ADD mind wanders when not engaged, it is also the case that the ADD mind fastens on to its subject fiercely when it is engaged. A child with ADD may sit for hours meticulously putting together a model airplane. — Edward Hallowell

It is like our foreign policy has attention deficit disorder. — Tim Ryan

We're going to build a wall and Mexico is going to pay. And the reason they're going to pay and the way they're going to pay, Bob, is this. We have a trade deficit now with Mexico of $58 billion a year. The wall is going to cost $10 billion a year. That's what it's going to cost. It's going to be a powerful wall. It's going to cost $10 billion. — Donald Trump

In my desperation, I have finally discovered that the only way that I can begin to fill the gaping hole within me is to be thankful for what's there, and not angry for what's not. — Craig D. Lounsbrough

The public has no idea that the deficit has been falling like a stone. — Paul Krugman

It's impossible to imagine the Democratic Party seeking a pro-life, free-trading, non-protectionist, deficit hawk. — John McCain

I have saved $1,638,580 over my four years. That may not seem like a lot, faced with our deficit, but multiply it by 435 members of the House - and then the senators get three times as much - and you are adding up several millions in savings. — Dan Webster

Tax rates for the wealthy should revert to Clinton-era levels, both because it is necessary for long-term deficit reduction and because fairness dictates it. Moreover, there is no proof that higher marginal rates dissuade investment, all the rhetoric from the Right notwithstanding. — Eliot Spitzer

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 solution. — Nassim Nicholas Taleb

If you wanted to create jobs in a way that has minimal effect on the deficit but has government action, the two best things you could do are the infrastructure bank and a simple SBA-like loan guarantee for all building retrofits, where the contractor or the energy-service company guarantees the savings. So that allows the bank to loan money to let a school or a college or a hospital or a museum or a commercial building unencumbered by debt to loan it on terms that are longer, so you can pay it back only from your utility savings. You could create a million jobs doing that. — William J. Clinton

When you look at the state of the economy right now, you have to set a priority. And my top priority is the deficit of jobs and economic growth, and especially this perception that the United States could be falling behind especially Asian economies. — Mark Kirk

Marla dug her fingernails into the palms of her hands as she watched the Coyotes struggle, without success, to make up the twelve-point deficit. It was hot in the arena, and the players were perspiring heavily. Neal was substituting often in order to give them water, but the heat was wearing them down, and the Cougars managed to outscore the Coyotes seventeen to two at the opening of the second half. — Barbara Casey

Deficit consumption is, in effect, drawing down on the capital entitlements of future generations — Jonathon Porritt

The poor have been sent to the front lines of a federal budget deficit reduction war that few other groups were drafted to fight ... — Marian Wright Edelman

The immediate effect of the deficit is to make you feel good, like when you go on a trip and pay later. You feel good, and then you get a hangover. The deficit makes you feel good - until you pay later. — Franco Modigliani

Spending on the military doesn't increase the deficit. — Ronald Reagan

The President forgot to mention the Moon, Mars, and the federal deficit - all of which are sky-high. — Brad Sherman

The truth of the matter is that countries the world over have deficits. Let us remember this about Scotland's deficit: it was not created in an independent Scotland; it was created on Westminster's watch. — Nicola Sturgeon

We can't have deficit spending in Texas. You have to balance your budget every two years. — Rick Perry

Today, John Kerry announced a fool-proof plan to wipe out the $500B deficit. John Kerry has a plan, he's going to put it on his wife's Gold Card. — Craig Kilborn

While there are no easy solutions to this problem, the Deficit Reduction Act gets us started in the right direction by beginning with the most obvious, commonsense reforms to save taxpayer dollars. — Jim Ryun

At every stage of history our concern must be to dismantle those forms of authority and oppression that survive from an era when they might have been justified in terms of the need for security or survival or economic development, but that now contribute to - rather than alleviate - material and cultural deficit. If — Noam Chomsky

The learning principle is to plunge into the detailed mystery of the micro in order to understand what makes the macro tick. Our obstacle is that we live in an attention-deficit culture. — Josh Waitzkin

Boom Boom, for instance, was an excellent outside-the-box thinker. Asa thought Boom Boom was a great strategist, and brilliant. The problem with Boom Boom is that he's kind of a creep. He had attracted the Academy's scouts when he built a bomb and blew up a bank. The feat had required certain mental abilities, but it also showed a deficit in others. Anyone who commits an act like that has issues with mentally putting themselves in other people's shoes. Boom Boom had also killed his childhood dog. Knowing these things made Asa uncomfortable around his former teammate. — Chad Leito

The more competitive value of the dollar turned around the trade deficit. — Martin Feldstein

If we proclaim a gospel that doesn't emphasize transformation, we end up with a deficit of clean containers, which consequently creates a shortage of God's manifest presence on the earth. — John Bevere

With a congressional mandate to run the deficit up as high as need be, there is no reason to raise taxes now and risk aggravating the depression. Instead, Obama will follow the opposite of the Reagan strategy. Reagan cut taxes and increased the deficit so that liberals could not increase spending. Obama will raise spending and increase the deficit so that conservatives cannot cut taxes. And, when the economy is restored, he will raise taxes with impunity, since the only people who will have to pay them would be rich Republicans. — Dick Morris

Congress had the opportunity to extend tax relief to working families without increasing the deficit. Instead, we were handed a bill that favors the wealthy and eliminates deductions that benefit the middle class. — Rick Larsen

During the 1999 debate over Permanent Normal Trade Relations with China President Bill Clinton said, 'In opening the economy of China, the agreement will create unprecedented opportunities for American farmers, workers and companies to compete successfully in China's market. WRONG: Our trade deficit with China has increased from $83 billion in 2001 to a record breaking $342 billion in 2014. — Bernie Sanders

When done right - or wrong, depending on how you look at it - deficits remove liberal options from the table. Suddenly there's no money for building bridges or inspecting meat. Not surprisingly, running up a deficit is a strategy favored by the wrecking crew for its liberal-killing properties. — Thomas Frank

We had a $10 billion budget deficit when we got here in January of 2003. We cut that budget deficit; we did not raise taxes; we came back in '05, and we had an $8 billion surplus. That's how fast it can happen. — Rick Perry

Whenever the debate moves on to hard numbers - our deficit with Europe, our surplus with the rest of the world, our Brussels budget contributions, the tiny part of our economy dependent on sales to the EU, the vast part subjected to EU regulation - Euro-enthusiasts quickly shift their ground and start harrumphing about influence. — Daniel Hannan

A city suffering from chronic poverty, out-of-control crime, a $76 million budget deficit and a 15 percent unemployment rate (nearly 50 percent for Oakland's youth) can hardly afford such social justice follies. But a pushover Democratic mayor and an overwhelmed police force have left what's left of gainfully employed Oakland taxpayers at the mercy of professional freeloaders and anti-capitalism saboteurs. — Michelle Malkin

Today I am pledging to cut the deficit we inherited in half by the end of my first term in office. — Barack Obama

I was diagnosed with attention deficit hyperactivity disorder (ADD/ADHD) and obsessive-compulsive disorder (OCD) as an adult, but I don't remember a time when I didn't have them. Back in the 1960s, when I was growing up, my symptoms didn't have a name, and you didn't go to the doctor to find out. — Howie Mandel

I believe we have a deficit of moral courage in the United States Congress. We have many learned individuals who know what is right but have not the courage to stand against the moral corruption that is now attempting to undermine our republic. — Tom A. Coburn

By autistic standards, the "normal" brain is easily distractible, is obsessively social, and suffers from a deficit of attention to detail and routine. Thus people on the spectrum experience the neurotypical world as relentlessly unpredictable and chaotic, perpetually turned up too loud, and full of people who have little respect for personal space. — Steve Silberman