Economic Stimulus Quotes & Sayings

Real economic stimulus comes from real investment. — Tim Bishop

The times are too difficult and the crisis too severe to indulge in schadenfreude. Looking at it in perspective, the fact that there would be a financial crisis was perfectly predictable: its general nature, if not its magnitude. Markets are always inefficient. — Noam Chomsky

Small businesses are the economic drivers of our country, providing the stimulus our communities need. — Melissa Bean

To be sure, the Fair Tax is a big idea. However, I believe America was built on big ideas, and I was elected to Congress to fight for those big ideas, not nibble around the edges of a broken and destructive system. The FairTax would be a real stimulus for economic growth, and it wouldn't cost taxpayers a dime. — Rob Woodall

Every dollar of SNAP benefits generates $1.84 in the economy in terms of economic activity. If people are able to buy a little more in the grocery store, someone has to stock it, package it, shelve it, process it, ship it. All of those are jobs. It's the most direct stimulus you can get in the economy during these tough times. — Tom Vilsack

As a former member of President Obama's economic team, I have a soft spot for the fiscal stimulus legislation he signed just a month after his inauguration. — Christina Romer

After years of telling corporate citizens to 'trust the system,' many companies must relearn instead to trust their people - and encourage their people to use neglected creative capacities in order to tap the most potent economic stimulus of all: idea power. — Rosabeth Moss Kanter

Speaker Pelosi says unemployment benefits are economic stimulus. Those are bare-bones benefits. — Alan Nunnelee

If increased government spending with borrowed or newly created money is a 'stimulus,' then the Weimar Republic should have been stimulated to unprecedented prosperity, instead of runaway inflation and widespread economic desperation that ultimately brought Adolf Hitler to power. — Thomas Sowell

The claim made by Team Obama that every dollar in stimulus translates into a dollar-and-a-half in growth is economic fiction. The costs of stimulus reduce future growth. No country has ever spent itself to prosperity. The price of stimulus has to be paid sometime. — Karl Rove

The stimulus is our bridge over troubled waters. And if it's invested well, it'll generate a lot of economic growth, and we'll get quite a bit of the revenues back. — William J. Clinton

For just a few dollars registration, you got temporary possession of a good piece of land. Live on it for five years, build a house, and farm it, and it was yours. What a brilliant economic stimulus! — Charles R. Morris

But, at the same time, I think that there is room for economic stimulus in terms of accelerated depreciation to encourage businesses to invest and to grow and ultimately to hire more people again. — John Breaux

The alternatives [to the stimulus packages] were to do nothing or, worse, effectively replicate the Premiers' Plan of 1931 when governments cut expenditure, thereby compounding the problems created by a private sector already in retreat. The result, of course, was an economic rout, appalling unemployment and a decade of negligible growth through the 1930s — Kevin Rudd

At the federal level, the fiscal stimulus of 2008 and 2009 supported economic output, but the effects of that stimulus faded; by 2011, federal fiscal policy actions became a drag on output growth when the recovery was still weak. — Janet Yellen

Economists had found an almost one-to-one match between PISA scores and a nation's long term economic growth. Many other things influenced economic growth, of course, but the ability of a workforce to learn, think and adapt was the ultimate stimulus package ... For students, PISA scores were a better predictor of who would go to college than report cards ... PISA wasn't measuring memorization; it was measuring aspiration. — Amanda Ripley

From the takeover of Detroit and the failed stimulus packages to the enactment of Obamacare, the president and congressional Democrats chose to use Americas economic crisis as an excuse to expand government rather than as an opportunity to responsibly shrink it. — Jeb Hensarling

It is important that we note the weaknesses in our financial system, and work toward implementing solutions before the next crisis comes. Gordon L. Eade — Kenneth Eade

In an economy that is overleveraged to historic proportions, economic stimuli will not do the trick. — Kenneth Eade

Expansion and modernization of the nation's productive plant is essential to accelerate economic growth and to improve the international competitive position of American industry An early stimulus to business investment will promote recovery and increase employment. — John F. Kennedy

Within the U.S., the Obama presidency will be mainly measured by the success or failure of his economic policies. And here, I fear, the monstrous stimulus package with which this administration stumbled out of the gate will prove to be Obama's Waterloo. — Camille Paglia

Clear communication is always important in central banking, but it can be especially important when economic conditions call for further policy stimulus but the policy rate is already at its effective lower bound. — Ben Bernanke

Obama has paid and will continue to pay dearly for betting on his stimulus package. Because of it, the Bush recession is becoming the Obama recession much faster than it would have had he adopted a more gradual approach to solving economic problems. By jumping in immediately, as he did, in order to increase government spending and pass eight years of Democratic dreams in one day, he made the public expect a solution. — Dick Morris

The single biggest stimulus to the economy are the unemployment benefits we're paying. These people go out and they spend the money. They go out and they have to get by to everything from paying their mortgage or buying food or just getting by. It has a significant impact on economic growth and the continuation of economic growth. — Joe Biden

Until the 1930s, the Constitution served as a major constraint on federal economic interventionism. The government's powers were understood to be just as the framers intended: few and explicitly enumerated in our founding document and its amendments. Search the Constitution as long as you like, and you will find no specific authority conveyed for the government to spend money on global-warming research, urban mass transit, food stamps, unemployment insurance, Medicaid, or countless other items in the stimulus package and, even without it, in the regular federal budget. — Robert Higgs

It's important that the American people understand that President has proposed and passed this stimulus plan not as the end-all and be-all to our economic woes but as our bridge over troubled water until we get the finance system, the banking system working again. — William J. Clinton

The strategic stimulus to economic development in Schumpeter's analysis is innovation, defined as the commercial or industrial application of something new
a new product, process or method of production, a new market or source of supply, a new form of commercial, business or financial organization. — Joseph A. Schumpeter

The rules in this new 'post-partisan' era are pretty simple: If the Democratic Party wants it, it's 'stimulus.' If the Republican Party opposes it, it's 'politics' - as in headlines like this: 'Obama Urges GOP To Keep Politics To A Minimum On Stimulus.' These are serious times: As the president says, it's the worst economic crisis since the Thirties. So politicians need to put politics behind them and immediately lavish $4.19 billion on his community-organizing pals at the highly inventive 'voter registration' group ACORN for 'neighborhood stabilization activities. — Mark Steyn

Washington's insatiable desire to spend our children's inheritance on failed stimulus plans and other misguided economic theories have given record debt and left us with far too many unemployed. — Rick Perry

Extending federal unemployment insurance is vital for millions of Americans laid off through no fault of their own, and it serves as an important economic stimulus. — Sander Levin

I think there is need for economic stimulus ... and government can help make that up in a very difficult time. — Mitt Romney