#ending

There is a difference between strategic or technical default and default where you really don't have the economy to support the spending. We are not at that point yet. We could be. We could be, like some European nations. ↗

— Charles F. Bass

#could #default #difference #economy #european

An idea can turn to dust or magic, depending on the talent that rubs against it. ↗

— William Bernbach

#depending #dust #idea #magic #rubs

We are spending $1 billion a week in Iraq. ↗

— Tom Allen

#iraq #spending #week

Rulers do not reduce taxes to be kind. Expediency and greed create high taxation, and normally it takes an impending catastrophe to bring it down. ↗

— Charles Adams

#bring #catastrophe #create #down #expediency

Chaplin was notoriously strict with his sons and rarely gave them spending money. ↗

— Gene Tierney

#gave #his #money #notoriously #rarely

In principle, there are only three main components of spending that much matter to monetary policy: consumer spending, business investment and exports and trade. ↗

— Evan Davis

#components #consumer #exports #investment #main

Interest rate cuts have an effect in stimulating an economy by directly or indirectly making someone, somewhere, spend more than they otherwise would. That extra spending increases demand and ensures that we all carry on with work to do, without us having to slash our prices or our wrists. ↗

— Evan Davis

#cuts #demand #directly #economy #effect

It is no wonder that bank capital is regulated. When borrowing and lending is profitable, it is tempting for banks to scale up their operations and to borrow and lend too much in relation to their capital, in effect reducing the effectiveness of the potential capital cushion. ↗

— Evan Davis

#banks #borrow #borrowing #capital #cushion

The Gillard government must give up its addiction to wasteful spending borrowing and taxing. ↗

— Julie Bishop

#borrowing #give #government #must #spending

I am one of those scientists who feels that it is no longer enough just to get on and do science. We have to devote a significant proportion of our time and resources to defending it from deliberate attack from organised ignorance. ↗

— Richard Dawkins

#attack #defending #deliberate #devote #enough