Ray Dalio Quotes

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.

We believe that it is very important that we have hopefully averted what would have been the most substantial headwind of all, which is a default for the first time in our history, and that that will contribute to a more positive environment that we hope will allow for greater growth and job creation.

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

I mean, the fact of the matter is, Ohio 's coming back because we set a clear path, we cut taxes, we balanced our budget, we got credit upgrades when the whole rest of the world, including America, was being downgraded.

We have Triple A Credit but we do not have a Triple A Government

Without deficit reduction, we cannot have sustained economic growth.

We are borrowing cheaply because we are the best looking horse in the glue factory.

We cannot win the future, expand the economy and spur job creation if we are saddled with increasingly growing deficits. That is why the president's budget is a comprehensive and responsible plan that will put us on a path toward fiscal sustainability in the next few years - a down payment toward tackling our challenges in the long term.

What Africa needs to do is to grow, to grow out of debt.

I think where I differ a little bit, we absolutely have to think about the deficit looking down the road. And certainly that's something the president has said that we need to, as the economy recovers, have a plan in place for getting it down.

You know, we've got to be responsible about our debt. We don't want the United States to ever be a dead beat, and not be able to pay its bills, either to our soldiers who are fighting or to Social Security recipients.

We're focused on doing the things that make the economy perform well, and as you do that, reduce deficits, for one, very important; secondly, keep growth rates high, very important.

Consider in Washington, around the country today we are talking about balanced budgets, paying down our national debt, getting the economy going, defending ourselves, activist judges. Newt Gingrich did all those things when he was speaker. We got tax relief. We got balanced budgets. We got, you know, job creation. We paid down our national debt.

We all have to sacrifice to reduce the debt, but we can’t sacrifice our future.

The issue is not growth verses fiscal responsibility. We need both!

Donald J. Trump has the good fortune of taking office as the economy is finally recovering from the 2008 crisis.

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.

Sound public finances are not the enemy of sustained growth - they are its precondition.

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

I take very seriously our responsibility to keep a strong economy.

For that to happen, growth has to be very strong. To get back to normalcy, we will have to have extended growth of more than 3 percent. That's not in the cards.

You cannot have a society where you spend more than you earn. I mean, it's just fundamentally not viable in the long run.

My policy in America is, 'Steady growth is forever.'

At the same time, Clinton was doing a lot things right, like the economy.