#austerity

First of all, I don't like to speak about austerity. I'd prefer to speak of fiscal discipline. Fiscal discipline, in the end, amounts to austerity if it is not accompanied by other policies. ↗

— Mario Monti

#accompanied #austerity #discipline #end #first

Americans have always been able to handle austerity and even adversity. Prosperity is what is doing us in. ↗

— James Reston

#adversity #always #austerity #been #doing

Even in a time of fiscal austerity, education is more than just an expense. ↗

— Arne Duncan

#education #even #expense #fiscal #just

We are not jumping on the austerity bandwagon. A healthy economy is by far the most important thing for Social Democrats. ↗

— Helle Thorning-Schmidt

#bandwagon #democrats #economy #far #healthy

A beautiful deleveraging balances the three options. In other words, there is a certain amount of austerity, there is a certain amount of debt restructuring, and there is a certain amount of printing of money. When done in the right mix, it isn't dramatic. ↗

— Ray Dalio

#austerity #balances #beautiful #certain #debt

It appears - because it has been the case for twenty years - that every problem is solvable...that no matter how badly the world economy slumps there is a pain-free way out of it. Once the realization dawns that there is not, and that the pain will be severe, the question is posed that has not really been posed for twenty years: who should feel it? ↗

— Paul Mason

#capitalism #economics #age

Past experience with fiscal austerity at home and overseas strongly suggests that it is best for the economy's long-run performance to restrain government spending rather than raise taxes. ↗

— Mark Zandi

#best #economy #experience #fiscal #government

Deficits must be cut, yes, but the rush to austerity risks undermining the fragile global recovery. ↗

— Alistair Darling

#cut #deficits #fragile #global #must

There is no austerity equal to a balanced mind, and there is no happiness equal to contentment; there is no disease like covetousness, and no virtue like mercy. ↗

— Chanakya

#balanced #contentment #covetousness #disease #equal

The seminaries must be like the churches' poor relations, prolonging their existence with austerity. ↗

— Abraham Kuyper

#churches #existence #like #must #poor