Steve Mnuchin Quotes

Gradual fiscal consolidation may also be stimulative in the short run.

The biggest source of getting the country to a balanced budget is not by raising taxes or by cutting spending. It's by encouraging the growth of the economy.

Our most important priority is sustained economic growth, and I think we can absolutely get to sustained 3% to 4% GDP, and that is absolutely critical for the country.

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

When gross public debt exceeds 90 percent of GDP, economic growth tends to decline considerably.

People do not understand what a great revenue economy is.

Fiscal discipline can turn the economy around.

I have said repeatedly that the way to sustainable growth is to bring down inflation to much more reasonable levels.

Fiscal policy will need to manage trade-offs between supporting demand, protecting social spending, and ensuring that public debt remains on a sustainable path, with the optimal mix depending on country-specific circumstances.

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.

Well, I think what we need to remember is that budget deficits can impede economic activity.

If we don't get a grip on government spending, there will be no growth.

I don't think I've been too optimistic. The government believes the contraction will be around 1.5 per cent, as the central bank said. However, we're waiting to see the Commission estimate.

The government is determined to continue the process of fiscal consolidation and structural reform in order to secure sound public finances and improve the country's international competitiveness.

We want a strong, vibrant economy for Britain so that we can set out a clear and affordable alternative programme for government.

We plan to spend 20 billion lari ($12 billion) from the budget in the next four years on implementation of all tasks presented in our new programme.

I will work to restore fiscal responsibility to our country's budget and to provide for a more robust economy.

It is the policy of the federal government to use all resources at its disposal to make our financial system stronger.

My first priority is growing this economy in the long term, and stimulating it in the short term.

We agree with Simpson and Bowles and others who have looked at this. What's necessary is to stabilize the debt and then work from there. You can't balance the budget in the short term because to do that would be to ratchet down the economy.

There is not a country on earth that could get its fiscal house in order by shrinking opportunity and depressing growth.

In the area of macroeconomic policies, I think we'll see more centralization, like in the budgetary sphere.

I sum up the prospects for 1967 in three short sentences. We are back on course. The ship is picking up speed. The economy is moving. Every seaman knows the command at such a moment: 'steady as she goes'.

Governments of all stripes want to deliver growth and rebalance their economies now that they have learned the hard way that, left to their own devices, markets pick expensive banking losers.

If the program goes off track again due to recession, this should not become a pretext for the imposition of more austerity measures.