Wayne Allard Quotes

We had massive tax cuts in the early phases of the [George W.] Bush years… The decade following was the worst growth rate in over 60 years.

The cozy world we were told would go on forever, where full employment would be guaranteed by a stroke of the Chancellor’s pen, cutting taxes, deficit spending—that cozy world is gone.

In the middle of a recession no tax increase is justified because it kills jobs, and any tax increase is a job-killing measure and should be defeated.

This economy is on life support.

The financial crisis should not become an excuse to raise taxes, which would only undermine the economic growth required to regain our strength.

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

A troubled economy is always the sitting president's fault. It was when Ronald Reagan defeated Jimmy Carter, when Bill Clinton defeated George H.W. Bush, and when Barack Obama defeated John McCain by running against George W. Bush.

Not every business cycle has a financial crisis. Frequently they do.

Of course, presidents are always blamed or rewarded for the state of the economy.

It's going to be difficult to stimulate the real economy in the U.S. at a faster rate than 2 percent and perhaps even less if we have that fiscal cliff in December or January 2013.

Rising unemployment and the recession have been the price that we have had to pay to get inflation down. That price is well worth paying.

Gerald Ford's economics is the worst thing that's happened to this country since pantyhose ruined finger-fucking.

I will rejoin the national debate …. America’s economic house is no longer in order.

A national government has to be able to spend money in a recession to make up for the private money that is not being spent.

Obama has so mismanaged the economy.

I thought the Bush economic policy was a disaster. We lost 500,000 private sector jobs during his tenure.

The stress on the financial system in the fall of 2007 was significant, but not so significant as to threaten the overall stability of the U.S. economy, although it did lead to the beginning of a recession at the end of 2007.

The economic recession in America wasn't caused by bad luck; it was caused by bad Republican policies. But the Republican candidates are doubling down on the same flawed policies that led to the loss of 3.6 million jobs in the final months of 2008 and gravely affected middle class families across America.

The entire economy, of course, is locked in a down cycle right now. Last time we weathered this was during another Bush presidency in '90. We were locked in it for a year and a half and everyone came out of it.

It's Obama's bad luck that he got elected just as the mayhem of the foreclosures, the banking collapse, and the General Motors disaster was accelerating the surge in unemployment to warp speed.

There's no recovery on Main Street, I can tell you that for sure. And in a re - in an economy like this, we don't need to be raising anybody's taxes.

There are always, of course, job losses of a cyclical nature in a recession.

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.

Long periods of recession, which tend to be self-perpetuating, are usually ended by war, or by preparations for it.

I didn't wake up one day and say, you know, 'Supply-side economics doesn't make sense.'