Us Economic Policy Quotes

Over the past 100 years, there have been three major periods of tax-rate cuts in the U.S.: the Harding-Coolidge cuts of the mid-1920s; the Kennedy cuts of the mid-1960s; and the Reagan cuts of the early 1980s. Each of these periods of tax cuts was remarkably successful as measured by virtually any public policy metric.

Can America continue down the path President Obama is taking us on, to a time soon and certain when a majority of wage-earners pay no income taxes but a majority of citizens receive federal benefits?

1971 … was the year when, for the very first time, the United States bailed out an industrial firm whose own financial management had driven it to the brink of extinction. The company was Lockheed Aircraft Corporation and the bailout was in the form of a loan guarantee worth $250 million.

I fought NAFTA when it passed; it has been a big disaster for us, in my opinion. If we can renegotiate that, it would be wonderful.

America is living through the third economic revolution and our country doesn't really have a plan on how to deal with it, and when it does - like the president sort of outlined when he first got here - we have a Congress who seem incapable of acting on it.

When the secretary of treasury, the head of the central bank, the head of the FDIC (Federal Deposit Insurance Corp.), and the head of the New York Fed say, "We want you to do this because we think it's in the best interest of the United States of America," you know, we're like the Japanese. We're a little patriotic that way. We said, "Yes, sir!"

I believe we have made a decision now that will permit us to create an economic order in the world that will promote more growth, more equality, better preservation of the environment, and a greater possibility of world peace, we are on the verge of a global economic expansion that is sparked by the fact that the United States at this critical moment decided that we would compete, not retreat.

Economically, we are gain weaker. Millions of Americans have no health insurance - including many poor children. if they do not get the care they need, they may become scarred for life; but the President George W. Bush vetoed the children's health insurance bill - evidently we couldn't afford it. But we were talking about just a few days fighting in Iraq.

The Obama administration has embraced the policies of George W. Bush, and then gone much further. Wall Street bailouts went ballistic under Obama - $700 billion under Bush, but $4.5 trillion under Obama, plus another $16 trillion in zero-interest loans for Wall Street.