Ed Pastor Quotes

I think achieving a higher fiscal stability is also a very important condition for restoring an environment which is conducive to growth.

We have to reduce the burden placed on our economy by years of deficits and debt.

We have a spending problem, not a taxing problem. The less we spend, the more jobs we have the potential to create.

We cannot cut our way to prosperity.

Without deficit reduction, we cannot have sustained economic growth.

Not in the constitution, but I would propose a law to the French parliament that provides for reducing the budget deficit year by year, until we have reached a balanced budget by 2017.

If we don't get a grip on government spending, there will be no growth.

We agree with Simpson and Bowles and others who have looked at this. What's necessary is to stabilize the debt and then work from there. You can't balance the budget in the short term because to do that would be to ratchet down the economy.

Balancing a nominal budget will solve nothing, and attempting to achieve such a spurious balance will produce much mischief.

Fiscal discipline can turn the economy around.

It certainly would be helpful going forward for deficit reduction efforts to focus on the medium term while not subtracting from the impetus we need to keep a fragile economy moving forward.

The biggest source of getting the country to a balanced budget is not by raising taxes or by cutting spending. It's by encouraging the growth of the economy.

Only one thing can save this country, and that's to get a handle on this deficit and debt issue.

Japan's future prospects depend on ensuring fiscal sustainability over the long term.

The country needs fiscal discipline to build a strong economy and for social justice.

Any move to reduce government spending is a positive for the economy.

Gradual fiscal consolidation may also be stimulative in the short run.

Reducing debt through budgetary consolidation is essential to restoring Europe's financial health.

Sound public finances are the essential foundation on which to construct a better-balanced economy from the wreckage of Labour's boom and bust. But it is economic growth that will create the jobs and the prosperity for the future and enable us to pay down Labour's debt.

The government is determined to continue the process of fiscal consolidation and structural reform in order to secure sound public finances and improve the country's international competitiveness.

It's time for the sensible center to rise up and push for a rational approach to our fiscal challenges.

Europe is trying to get its fiscal house in order.

When gross public debt exceeds 90 percent of GDP, economic growth tends to decline considerably.

In the medium and long term. Spain is solvent and able to pay its high debts. In the short-term, we have the capacity to meet our obligations.

It's insane to try to balance the budget.