Arnold Schwarzenegger Quotes

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

When Obama was inaugurated, he and his team had an insight - though whether the insight was conscious or not I don't know. But it was this: The TARP $700 billion price tag was a new kind of model.

I supported the stimulus package.

Why don't we stop the stimulus spending? There's still about $400 billion or $500 billion of the stimulus plan that has not been spent. Why don't we stop it? It's not working.

As a former member of President Obama's economic team, I have a soft spot for the fiscal stimulus legislation he signed just a month after his inauguration.

And taking more money out of the private economy and having the government perform as it has poorly done with the stimulus I don't think is the right way to go.

All Democrats for the last 30 years have tried to stimulate the economy by giving 'tax cuts' to people who don't pay taxes.

For me what we need is a great deal of fiscal stimulus to show the UK is open for business. We need to upskill our workforce. I'm very much in tune with the work our chancellor is doing.

Whatever the economy needs to maintain itself, the government will do it.

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.

Three years ago, this week, a newly elected President Obama faced the American people and he said, look, if I can't turn this economy around in three years, I'll be looking at a one-term proposition, and we're here to collect! You know the results. It's been 35 months of unemployment above 8 percent.

Defense spending as a share of the economy dropped significantly during the early 1990s, and that was one of the things, along with other policy changes, that put us back on the path to a balanced budget.

At the end of the day, the only things that are shovel ready around here are the words coming out of Barack Obama and Joe Biden's mouth.

But despite historic levels of obstruction, President Obama was able to bring the economy back from the verge of a second Great Depression.

We know this much about how Barack Obama plans to govern: He will deploy the fattest checkbook ever at the disposal of an incoming American president.

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

Where we're coming down is we currently have $787 billion of stimulus that's been passed. We're certainly focusing on spending that money as quickly and as efficiently and as transparently as we can. We think that's absolutely the right strategy.

Obama and the Democrats' preposterous argument is that we are just one more big tax increase away from solving our economic problems. The inescapable conclusion, however, is that the primary driver of the short-term deficit is not tax cuts but the lack of any meaningful economic growth over the last half decade.

The economy is too weak right now. We need to jump-start it. The American Jobs Act will provide that jump-start, to help us into next year and the year after that.

Stories come and go. The challenge is to frame the questions that voters will be asking on polling day, such as who has avoided a global depression and worked here to deliver jobs.

Historians will likely give Obama credit for steering the country away from the brink of economic collapse in 2009.

I think that for the next short period of time, our No. 1 priority is Congress needs to do its work and extend the payroll tax cut.

Americans know that we cannot tax and spend our way out of a recession, yet Democrats can't grasp this simple fact.

It has become fashionable to rail against government intervention in the economy, and the FHA is a favorite example by those trying to show the government's overreach. In reality, the FHA shows how government action during the Great Recession forestalled a much worse economic fate.

If we don't get this economy going, the numbers that represent this stimulus package are going to be small compared to the loss of revenue to the federal government for our economy.