Bill Gross Quotes

To create employment, we need to stimulate the economy, and to stimulate the economy, we need to cut spending and reduce the deficit.

You can't create more jobs for an economy where the vast majority of people are hesitant and even afraid to spend and buy.

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.

We believe that - the President believes that the economy will continue to grow, that the economy will continue to create jobs, and that we need to do everything we can to enhance that growth and enhance that job creation.

Popular as Keynesian fiscal policy may be, many economists are skeptical that it works. They argue that fine-tuning the economy is a virtually impossible task, and that fiscal-stimulus programs are usually too small, and arrive too late, to make a difference.

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

We have to change economic policy: create confidence, foster investment, cut the public deficit, restructure taxation and reform the labor laws.

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

If we think we're going to solve our economic problems by monetary policy alone, we are mistaken. History shows that we have to employ fiscal policy as well.

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.

President-elect Trump is inheriting a relatively strong economy, and markets are pricing in faster growth under his watch.

Well obviously the economy is critical to everything we do and we need to get the economy back in shape, the deficit down, the debt paid off, so that the economy can grow again and grow properly.

The only way to eliminate the deficit in the long run is through growth.

I think the ethos for Gov. Romney is to use a whole variety of policies, of which tax policy is one, to try to raise the rate of growth. We've had a recovery from the financial crisis that would be well below what one might normally expect for a recovery from such a deep recession. And to counteract that we need better tax policy.

The pro-growth policies and spending restraint of Conservatives work.

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.

We own the economy. We own the beginning of the turnaround and we want to make sure that we continue that pace of recovery, not go back to the policies of the past under the Bush administration that put us in the ditch in the first place.

The Federal Reserve cannot solve all the economy's problems on its own.

In the past, proactive fiscal polices almost always meant just more investment and an increase in the fiscal deficit.

You don't get an economy growing by raising taxes.

Bond investors want growth much like equity investors, and to the extent that too much austerity leads to recession or stagnation then credit spreads widen out - even if a country can print its own currency and write its own cheques.

Slow growth and inflation have a tendency to accompany large deficits and increasing debt as a percentage of GDP.

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.

Austerity policy without currency devaluation can only hamper economic growth.

When the economy is growing, there's a lot that can be done to deal with the deficit.