Geoff Hoon Quotes

Infrastructure investment can boost economic growth and employment, and, in fact, it is fiscally neutral.

Doing nothing and shrinking spending may save us public money in the short term but could cost us a great deal more over time as the recession takes hold for much longer.

But despite historic levels of obstruction, President Obama was able to bring the economy back from the verge of a second Great Depression.

As America's head coach, President Obama needs to make some big and smart adjustments to jump-start economic growth and business investment, stimulate job creation, and get wages up for ordinary Americans.

The president's grand experiment in trickle-down government has held back rather than sped economic recovery. He seems to sincerely believe we can build a middle class out of government jobs paid for with borrowed dollars.

Obama's explanation for the slowdown in economic growth is that the public sector is hurting, and that's where Washington must step in and act.

Voters want prosperity, not austerity.

We know how to build economies. It requires investment in jobs. The biggest medium-term multiplier is infrastructure.

Larger deficits are necessary and proper means to mitigate unemployment as the far greater evil in terms of human welfare.

The insane pursuit of the holy grail of a balanced budget in the end is going to drive the economy into a depression.

It's estimated for every $1 billion we spend on road construction, nearly 48,000 jobs are created.

It's time to create an Economic Growth Code whose purpose is to fix and grow the economy, not redistribute massive amounts of wealth.

Surely, the best and most effective measure is to get the economy moving and shorten the period of recession or slowdown. That's the rationale for Gordon Brown's 'fiscal stimulus' and it sounds like a good one to me.

Every time in this century we've lowered the tax rates across the board, on employment, on saving, investment and risk-taking in this economy, revenues went up, not down.

We have lost certainty and predictability in the regulatory and tax climate in America, and this is why we're recovering so slowly.

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.

When there's downward pressure on growth, one choice is to adjust economic policy, increase deficits, relax monetary policy. That might have a short-term benefit, but may not be beneficial for the future.

The global economy is spluttering back into life. The Tories would have left it to choke to death.

In the middle of a recession, where we're just climbing out of it, where the economy -unemployment is still at 9.7 percent, the idea of raising taxes and reducing spending is a prescription for disaster.

Our problem is not adopting reforms, which we will do without question. It is not reaching an objective, which we will meet. But it is finding an end to the recession.

It is the Democrats who get the economic engine of this economy moving forward again.

I supported the stimulus package.

If we can boondoggle ourselves out of this depression, that word is going to be enshrined in the hearts of the American people for years to come.

We know this much about how Barack Obama plans to govern: He will deploy the fattest checkbook ever at the disposal of an incoming American president.

History shows that tax increases during a recession are a recipe for greater unemployment and economic loss.