Look, I'm very much in favor of tax cuts, but not with borrowed money. And the problem that we've gotten into in recent years is spending programs with borrowed money, tax cuts with borrowed money, and at the end of the day that proves disastrous. And my view is I don't think we can play subtle policy here.
Alan Greenspan
More from: Alan Greenspan
DOWNLOAD
You are free to use this picture for any purpose including commercial. A credit linking back to this page is appreciated.
Similar Quotes:
-
Money is like hormones. It's just how you feel on any given day. -
I felt that I had worked hard my entire life and deserved to enjoy all the temptations around me. I felt I was entitled, and thanks to money and fame, I didn't have to go far to find them. -
I mean, I do think at a certain point you've made enough money. -
The greatest pleasure when I started making money was not buying cars or yachts but finding myself able to have as many freshly typed drafts as possible. -
What's my motto when it comes to money? Don't put so much emphasis on it!
More quotes by Alan Greenspan
- I was a good amateur but only an average professional. I soon realized that there was a limit to how far I could rise in the music business, so I left the band and enrolled at New York University.
- I was a fairly good amateur musician, and I was an average professional. But the one thing I saw was that the big band business was fading.
- To succeed, you will soon learn, as I did, the importance of a solid foundation in the basics of education - literacy, both verbal and numerical, and communication skills.
- To succeed, you will soon learn, as I did, the importance of a solid foundation in the basics of education - literacy, both verbal and numerical, and communication skills.
- Any informed borrower is simply less vulnerable to fraud and abuse.