Quote by Alan Greenspan

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.

Look, I'm very much in favor of tax cuts, but not with borro

Summary

This quote emphasizes the speaker's support for tax cuts, but not when they are funded through borrowing. They express their concern about the negative consequences of implementing spending programs and tax cuts that rely on borrowed money. The speaker believes that this approach has been problematic in recent years and argues against using subtle policy measures to address the issue, implying a need for more decisive action. The quote reflects their cautious stance on fiscal policy and the importance of responsible spending to avoid potential disasters.

Topics

Money

By Alan Greenspan

Liked the quote? Share it with your friends.

Random Quotations

Common sense hides shame.

Common sense hides shame.

Scottish Proverb

Common Sense

The old woman I shall become will be quite different from th

The old woman I shall become will be quite different from the woman I am now. Another I is beginning.

Inspirational

My interest in film is sort of catholic - apart from science

My interest in film is sort of catholic - apart from science fiction and horror movies, I'll watch almost everything.

Movies

We need to develop and disseminate an entirely new paradigm

We need to develop and disseminate an entirely new paradigm and practice of collaboration that supersedes the traditional silos that have divided governments, philanthropies and private enterprises for decades and replace it with networks of partnerships working together to create a globally prosperous society.

Simon Mainwaring

Society

Somehow, the greater the public opposition to the health car

Somehow, the greater the public opposition to the health care bill, the more determined they seem to force it on us anyway. Their attitude shows Washington at its very worst - the presumption that they know best, and they're going to get their way whether the American people like it or not.

Attitude

Catholicism is a wide tent in terms of political and legal p

Catholicism is a wide tent in terms of political and legal positions. We could have nine Catholics on the Supreme Court and a great deal of diversity toward the law.

Legal

We ought to do good to others as simply as a horse runs, or

We ought to do good to others as simply as a horse runs, or a bee makes honey, or a vine bears grapes season after season without thinking of the grapes it has borne.

Marcus Aurelius

Good

If you're in a bad situation, don't worry it'll change. If y

If you're in a bad situation, don't worry it'll change. If you're in a good situation, don't worry it'll change.

John A. Simone, Sr.

Change

I have never regarded politics as the arena of morals. It is

I have never regarded politics as the arena of morals. It is the arena of interest.

Morals

If civilization had been left in female hands we would still

If civilization had been left in female hands we would still be living in grass huts.

Camille Anna Paglia

Women

Love always involves responsibility, and love always involve

Love always involves responsibility, and love always involves sacrifice. And we do not really love Christ unless we are prepared to face His task and to take up His Cross.

William Barclay

In literature the ambition of the novice is to acquire the l

In literature the ambition of the novice is to acquire the literary language; the struggle of the adept is to get rid of it.

George Bernard Shaw

Writing Literature