Robert Teeter Quotes

The economy controls the politicians far more than the politicians control the economy.

People confuse economists and economic policy.

I'm an economist by training. And I know that what works is a permanent increase in buying power.

I spent my whole life in the private sector, 25 years in the private sector. I understand that when government takes more money out of the hands of people, it makes it more difficult for them to buy things. If they can't buy things, the economy doesn't grow. If the economy doesn't grow, we don't put Americans to work.

Economics runs the world.

For those of you who don't understand Reaganomics, it's based on the principle that the rich and the poor will get the same amount of ice. In Reaganomics, however, the poor get all of theirs in winter.

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.

The party in power almost always unapologetically engages in deficit spending, while the other party argues passionately against the evils of debt and deficits.

History speaks pretty clearly that the markets do better with Democrats. Republicans' ideas of what constitutes fiscal responsibility simply are not good for the stock market. Democrats have many tendencies, but one of them is to look after the workers, and actually that tends to be good for demand and good for markets.

The Democrats want government to do the spending. Senator McCain wants families to do the spending.

The great thing about fiscal policy is that it has a direct impact and doesn't require you to bind the hands of future policymakers.

I wish the government would put a tax on pianos for the incompetent.

In fact, it works the other way: A government as big and bossy as this one is maintained on the backs of the middle class and those who hope to join it.

I know it's going to be the private sector that leads this country out of the current economic times we're in. You can spend your money better than the government can spend your money.

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

Entitlements seem to grow with prosperity; not only because they are indexed to inflation or GDP, but also because a prosperous country tells itself it can afford more benefits.

The President and the Democrats on Congress have exploited the financial crisis to advance their socialist big government tax, spend and borrow agenda.

If we have an economic crisis in the Western world it's because the government makes up 50 percent or more of the economy. This is a cancer that is taking away people's freedom.

I mean, the Obama position has been, 'We think government ought to be spending this money, not the people who earn it.'

A market that's as open as possible is the precondition for a successful economy, and a successful economy is the precondition to being able to pay for social security.

In these difficult times, when tough decisions are required, the differences between Labour and the Tories are becoming much clearer. One party believes in intervention to reduce social and economic costs and the other believes in market forces and letting things take their course.

The art of economics consists in looking not merely at the immediate but at the longer effects of any act or policy; it consists in tracing the consequences of that policy not merely for one group but for all groups.

Instead of focusing on growing jobs and reigniting our economy, President Obama focused on growing government and tried to remake the United States into the image of the debt-laden countries of Europe. His approach has been more spending, more regulation, and higher taxes.

The economy grows when families can spend money on personal priorities rather than priorities imposed by the federal government.

Monetary policy is a blunt tool which certainly affects the distribution of income and wealth, although whether the net effect is to increase or reduce inequality is not clear.