Michael Hudson on deficit
Michael Hudson38 quotes“To the deficit commission, a depression is the solution to the problem, not a problem.”
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Nobody really knows how smart or talented he is until he finds the incentives to use himself to the fullest. God has given us more than we know what to do with.
Sydney J. HarrisSydney J. Harris I don’t want to be able to see the audience
Bobby DarinBobby Darin You get a constituency; you make them believe your promises, and then you turn them over to your financial campaign backers. That’s what politics has become and that’s as much an art of deception as economics is.
Michael HudsonMichael Hudson One of the big problems in America’s economic polarization and shrinkage is that pensions can’t be paid. So there are going to be defaults on pensions here, just like Europeans are insisting in rolling back pensions. You can look at Greece and Argentina as the future of America.
Michael HudsonMichael Hudson True mindfulness is the awareness that everything you encounter is a vigorous expression of the same living universe as you.
Brad WarnerBrad Warner I’ve forbidden my daughter to have grandchildren, I’m too young.
Bette MidlerBette Midler Money is not a factor of production. But in order to have access to credit, in order to get money, in order to get an education, you have to pay the banks.
Michael HudsonMichael Hudson Buddha might be the one thing that could settle Godzilla down. He might say, “Listen Godzilla, you don’t have to do all this. Just chill out a little bit and everything will be fine”.
Brad WarnerBrad Warner These $100 bills aren’t meant to circulate. They’re not to spend on goods and services. They’re a store of value. They’re a form of saving.
Michael HudsonMichael Hudson I don’t aim to offend.
Billy ConnollyBilly Connolly On the flat tax, the more you compress the tax rates, the more you untax where the income is really made, at the top of the pyramid.
Michael HudsonMichael Hudson Emotional stability and expression comes from women.
Bob HoskinsBob Hoskins If you look at payments to labor as a proportion of national income or gross domestic product, you find profits going way up, investment and savings going up.
Michael HudsonMichael Hudson When people are running up more and more debt for housing, they call that “real wealth.” It exposes what’s wrong in the mainstream economics and why most of the economics that justifies austerity programs and economic shrinkage is in the textbooks is not scientific.
Michael HudsonMichael Hudson A science is not mere knowledge, it is knowledge which has undergone a process of intellectual digestion. It is the grasp of many things brought together in one, and hence is its power; for, properly speaking, it is Science that is power, not Knowledge.
John Henry NewmanJohn Henry Newman Russia was under the impression that the neoliberal advisors were going to make Russia as rich as the United States. What they really did was create a kleptocracy that was virtually tax-free.
Michael HudsonMichael Hudson
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Don’t compare her to sunshine and roses when she’s clearly orchids and moonlight.
Melody LeeMelody Lee Oh moonlight, continue to shine on me. As you light up the sky, maybe some peace will come to me.
ShamaShama Stop counting the reasons why they should be loved and start counting the many reasons why you are the one who is worth loving.
Ayaka HaseAyaka Hase Sure, there are oceans and seas and magnificent things – but none of them are you.
L.T. PhoenixL.T. Phoenix I wish you the wildest of dreams.
Kate WestKate West The way you look at me, The way you make me feel whole, The way you make me feel safe, thats poetry to me.
Barbara GianquittoBarbara Gianquitto You cannot leave and have me too I cannot exist in two places at once-when you ask if we can still be friends.
Rupi KaurRupi Kaur Live to be happy not to impress.
Hayley EvansHayley Evans
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More on deficit
What sets black people apart is not some deficit in personal responsibility. It’s the weight on our shoulders. That is what’s actually different. We have the weight and burden of history.
Ta-Nehisi CoatesTa-Nehisi Coates I’m dyslexic, I have attention-deficit disorder, and I’ve got something like a hereditary tremor.
Ozzy OsbourneOzzy Osbourne The way my brain processes information is quite odd. I mean, I have Attention Deficit Disorder and another learning disability I can’t even spell. I don’t even have a high school diploma. I’m smart, but you can’t prove it on paper.
Ron WhiteRon White Deficit spending is simply a scheme for the confiscation of wealth.If I seem unduly clear to you, you must have misunderstood what I said.
Alan GreenspanAlan Greenspan I cannot conceive of a politically feasible solution to this problem which will overdo cutting the deficit, where overdoing means harming the economy. It might be technically possible, but it is not realistic.
Alan GreenspanAlan Greenspan There is no safe store of value. Deficit spending is simply a scheme for the hidden confiscation of wealth.
Alan GreenspanAlan Greenspan Deficit spending is simply a scheme for the ‘hidden’ confiscation of wealth.
Alan GreenspanAlan Greenspan I came to a stark realization: chronic surpluses could be almost as destabilizing as chronic deficits.
Alan GreenspanAlan Greenspan
