Jacob J. Lew Quotes


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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.


Jacob J. Lew
Jacob J. Lew
  • Born: August 29, 1955
  • Nationality: American
  • Profession: Public Servant

Jacob Joseph "Jack" Lew is an American attorney and politician who served as the 76th United States Secretary of the Treasury from 2013 to 2017. A member of the Democratic Party, he also served as the 25th White House Chief of Staff from 2012 to 2013 and Director of the Office of Management and Budget in both the Clinton Administration and Obama Administration.