The economy is terrible it’s
The economy is terrible it’s been terrible for years now, and the reason it’s bad is not because of a debt-ceiling vote. The reason it’s bad is because we have people who believe that by making government bigger by keeping people on unemployment checks and on welfare we’re going to dig us out of this mess.
– Todd Rokita
- In a very weak economy, when you say ‘cut government spending,’ what you mean is you’re laying off school teachers and you’re de-funding various programs that put money into the economy. This means you have more unemployed people that then draw unemployment benefits and don’t pay taxes. – Fareed Zakaria
- Because what happens is, as the economy suffers, tax revenues go down. But unlike businesses, where at least your variable costs go down, in government your variable costs go up: unemployment insurance, workmen’s compensation, health care benefits, welfare, you name it. – Meg Whitman
- Three years ago, this week, a newly elected President Obama faced the American people and he said, look, if I can’t turn this economy around in three years, I’ll be looking at a one-term proposition, and we’re here to collect! You know the results. It’s been 35 months of unemployment above 8 percent. – Mitt Romney
- We are on the precipice of a crisis, a Constitutional crisis. The checks and balances, which have been at the core of this Republic, are about to be evaporated by the nuclear option. The checks and balances that say if you get 51% of the vote, you don’t get your way 100% of the time.
- People internalize, from the jail to student loan debt, to credit card debt, to unemployment to the whole collective. It manifests itself in many ways, in people’s home lives, domestic stuff. – Jesse Jackson
- The basic idea that if you increase government spending or you cut people’s taxes that stimulates the economy and lowers the unemployment rate, is a very widely accepted idea. It’s in every economics textbook, that’s what we teach our undergraduates, and I certainly try to teach them the truth. – Christina Romer
- I think most people believe success in government is how many fewer people are in government, not because you kick them off of benefits like unemployment but they’ve been able to control their own destiny because private sector employers have created more jobs. – Scott Walker
- The Great Depression, like most other periods of severe unemployment, was produced by government mismanagement rather than by any inherent instability of the private economy. – Milton Friedman
- Environmental concern is a little like dieting or paying off credit-card debt – an episodically terrific idea that burns brightly and then seems to fade when we realize there’s a reason we need to diet or pay down our debt. The reason is that it’s really, really hard, and too many of us in too
- In the industrial world we have the problem of having more productive capacity than we know what to do with. That’s at the root of the unemployment crisis: we’ve got so productive at making things, we don’t require people to be involved in making the basics of life any more. Or nearly as many people. –