Eric Nam Quotes
When you first make money, you're just excited that you have it and just buy things on a whim. You don't really think about the implications that taxes have, because when you owe money, all of a sudden all of the money in your account - it's gone!
Nam, Eric. Interview by Taylor Locke. "K-pop star Eric Nam on money and success." CNBC Make It, NBCUniversal, 2020.
He was expressing his cynicism about deficit spending leading affluence. However, those who advocate government counter-cyclical spending have never advocated constant deficit spending, but have urged deficit spending for specific periods and when the economy has turned around, stopping the spending and reducing the deficit.
Eric Nam is an American singer, songwriter and television host of Korean descent. He was named "2016 Man Of The Year" by GQ Korea, honored "30 Under 30 Asia 2017" by Forbes, and YouTube Music's Global Trending "Artist on the Rise."