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:
-
I have long been one of those tedious people who rails against the coronation of 'student-athletes.' I have heard the argument that big-time athletics bring in loads of money to universities. I don't believe the money goes anywhere other than back into the sports teams, but that's another story. -
I do not suppose I shall be remembered for anything. But I don't think about my work in those terms. It is just as vulgar to work for the sake of posterity as to work for the sake of money. -
Thankfully, due to the United Kingdom and the commitment of the Westminster government we are able to ensure that money brought in, whether it be from the City of London or from North Sea oil, can be pooled and directed to wherever it is needed most. That is what being in the United Kingdom is all about. -
Where are the jobs going to come from?Small business, manufacturing and clean energy. Where's the money to finance them? The banks and the corporations in America today have lots of money that they can invest right now. -
Neither money nor position can atone to me for low birth.
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.