John Kline Quotes

As an economist, the only advice I can give the Modi government is to take some steps that will raise the morale of the consumer and investor. That means income tax abolition and reducing the annual interest rate to nine per cent.

Well, you know, we've got a lot of stimulus in the economy already from the tax cut, from the lowered interest rates, and also from the refinancing of mortgages.

President Obama has a good sense not just of the economic requisites for financial crisis firefighting but also how you build political support for moving forward on reforming the financial system, making sure that the banks are carrying enough capital.

Making economic policy isn't a popularity contest, especially when financial markets are in a panic.

For too long, our nation has relied on low interest rates rather than undertaking the necessary long term necessary economic reforms.

The problem is, if at all, in the different view of the economy, of economic growth. Growth is too low, even for us. That needs to change: More investments, a stronger role by the European Central Bank. Otherwise, there are no tensions between Italy and Germany. But on this point, compromises must be reached and we will reach them.

Larger deficits are necessary and proper means to mitigate unemployment as the far greater evil in terms of human welfare.

The government must do all it can to help reduce interest rates for business.

What the president announced yesterday, is that somehow magically, if we just continue to prime the pump of taxpayer dollars, we're going to see magically an economic recovery.

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.

And so we have to be careful with looking at additional stimulus that we don't provoke an increase in the bond rate and then offset a lot of the stimulus we've already got.

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.

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

We've got to make greedy banks pass on interest rate cuts in full, and we've got to see rents coming down.

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

The difficulty for Mr. Obama will be when the public sees where his decisions lead - higher inflation, higher interest rates, higher taxes, sluggish growth, and a jobless recovery.

It would probably strike the average politician as absurd to argue that the best way to fix the economy is to stop trying to 'fix it.'

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.

In all modesty, we must admit that governments are not always the best doctors when it comes to diagnosing economic ailments and prescribing the right treatment.

The debt limits have to come down. The whole world of debt has to be changed as far as this country is concerned. We have to create jobs and we have to create them rapidly because if we don't things are just going to head in a direction that's going to be almost impossible to recover from.

So now we are pushing economic reform, bank reform and enterprise reform. So we can finish that reform this year, in September or October. Then our economy may be much more, you know, normalized.

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

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

I was elected by the people of Australia as Prime Minister of Australia. I was elected to do a job, I intend to continue doing that job. I intend to continue doing it to the absolute best of my ability. Part of that job has been to steer this country through the worst economic crisis the world has seen in 75 years.