Rick Scott Quotes

The BBC is locked to the reading of the economy that is run out of Ed Miliband and Ed Balls' office. They think if only you spend and borrow more money you can create growth everywhere.

The truth of the matter of is that stimulus money not only doesn't stimulate; it actually reduces output.

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

We've used up a lot of bullets. And we talk about stimulus. But the truth is, we're running a federal deficit that's 9 percent of GDP. That is stimulative as all get out. It's more stimulative than any policy we've followed since World War II.

Even if the government spends itself into bankruptcy and the economy still does not recover, Keynesians can always say that it would have worked if only the government had spent more.

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.

I don't accept as an article of faith that lots of short-term stimulus boosts the economy and gets us back on the long-term trajectory.

It's become glib political conventional wisdom in Washington that a massive spending plan will provide a parachute rescue for a cliff-diving economy - landing it safely and with strong enough legs to move toward a healthy future.

I think stimulus money is an absolute mistake.

If there's a severe recession, the automatic stabilizers will come into effect, and we will still try to reduce the structural deficit, but we will not try to keep cutting the budget so that we keep worsening a severe recession.

The basic idea that if you increase government spending or you cut people's taxes that stimulates the economy and lowers the unemployment rate, is a very widely accepted idea. It's in every economics textbook, that's what we teach our undergraduates, and I certainly try to teach them the truth.

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.

Keynes's contribution was not just to advocate spending government money in the middle of a recession. Every government had done that going back to the days of the Irish potato famine. What he gave to us was a way of thinking about the magnitude and the dimensions and so forth.

Aggressive government spending during the Great Recession was absolutely necessary.

Actually, I have been very supportive of a very robust stimulus package from day one. I think this economy has to have a major stimulus initiative because the only group with liquidity is the federal government.

What got us out of the depression was capitalism, and we would have gotten out a lot quicker had the government not intervened.

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

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

I don't think Obama understands basic economics. Not economics that work. He may understand some theory that someone in Princeton sat and dreamed up, but it's not working.

President Obama's call for nearly a half-trillion dollars in more government stimulus when America has more than $14 trillion in debt is guided by his mistaken belief that we can spend our way to prosperity.

I'd be happy to have regular face-to-face meetings at Downing Street with David Cameron to argue the case for alternative economic policies.

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

What do you think a stimulus is? It's spending - that's the whole point! Seriously.

If borrowing and spending all this money led to more jobs than we would be at full employment already.

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.