Franklin Raines | "If there's a severe recession, the automatic stabilizers will come into effect, and we will still try to reduce the structural deficit, but we will not try to keep cutting the budget so that we keep worsening a severe recession."

"If there's a severe recession, the automatic stabilizers will come into effect, and we will still try to reduce the structural deficit, but we will not try to keep cutting the budget so that we keep worsening a severe recession."

Franklin Raines, American Businessman

Economy, Effect, Will

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"If there's a severe recession, the automatic stabilizers will come into effect, and we will still try to reduce the structural deficit, but we will not try to keep cutting the budget so that we keep worsening a severe recession."

"The economic base of a nation, is the foundation of the it's secrets."

Author Name

Personal Development

"I don't know where the stock market is going, but I will say this, that if it continues higher, this will do more to stimulate the economy than anything we've been talking about today or anything anybody else was talking about."

Author Name

Personal Development

"Since we took office, inflation, the fiscal deficit and the balance of payments current account deficit have all fallen. GDP growth, foreign exchange reserves, stock market valuations, and investor confidence have all increased. This success is the result of a series of well thought out policies."

Author Name

Personal Development

"And it will often happen that a man with wealth in the form of coined money will not have enough to eat, and what a ridiculous kind of wealth is that which even in abundance will not save you from dying with hunger!"

Author Name

Personal Development

"Wealth ... and poverty: the one is the parent of luxury and indolence and the other of meanness and vicious-ness and both of discontent."

Author Name

Personal Development

"If you've got unemployment, low pay, that was just too bad. But that was the system. That was the sort of economy and philosophy against which I was fighting in the 1930s."

Author Name

Personal Development

"U.S. companies earn more from their investments in the EU than in the rest of the world combined."

Author Name

Personal Development

"The E.U. imports more agricultural goods from developing countries around the world than does the U.S., Canada and Japan, combined."

Author Name

Personal Development

"European investment in Texas alone exceeds all U.S. investment in China and Japan put together."

Author Name

Personal Development

"The world economy would collapse if a significant number of people were to realize and then act on the realization that it is possible to enjoy many if not most of the things that they enjoy without first having to own them."

Author Name

Personal Development

"So from the housing standpoint, steady as you go, I think, would be the best medicine."

Stability

"Well, I think as long as people are talking about stimulus, I think the Fed will be thinking about cutting rates because monetary policy is the better way to go because you can turn it on and turn it off."

People

"That is - the reason for that is that home prices are only going to go up. Now, they've never gone down nationwide in our - since we've been keeping track of this."

Home

"They flooded liquidity in the marketplace but the mortgage rate is based much more on expectations of inflation. So if the average investor believes that there is inflation coming, they'll move that rate up."

Expectation

"Right now we think that rates will stay low, that you'll be able to get a mortgage below seven percent and that's kicked off a refinance boom that's going to put more money in the pockets of consumers."

Money

"If there's a severe recession, the automatic stabilizers will come into effect, and we will still try to reduce the structural deficit, but we will not try to keep cutting the budget so that we keep worsening a severe recession."

Economy

"Right now the long-term investors are telling us that they're not as concerned about inflation and so we're seeing these rates now move into the marketplace and out to the street - rates that individuals can get."

Finance

"The automatic stabilizer is unemployment insurance, food stamps, additional coverage of Medicaid."

Food

"Well, now, and there's - for every dollar the federal government spends, there's real people on the other side, and so when we talk about reductions that are going to affect providers, that's going to affect hospitals and doctors and others."

Government

"We are shrinking the size of the federal government as a percent of our economy from over 21 percent of the economy to 19 percent of the economy. At the same time, we're growing the private economy."

Government

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"The economic base of a nation, is the foundation of the it's secrets."

Author Name

Personal Development

"I don't know where the stock market is going, but I will say this, that if it continues higher, this will do more to stimulate the economy than anything we've been talking about today or anything anybody else was talking about."

Author Name

Personal Development

"Since we took office, inflation, the fiscal deficit and the balance of payments current account deficit have all fallen. GDP growth, foreign exchange reserves, stock market valuations, and investor confidence have all increased. This success is the result of a series of well thought out policies."

Author Name

Personal Development

"And it will often happen that a man with wealth in the form of coined money will not have enough to eat, and what a ridiculous kind of wealth is that which even in abundance will not save you from dying with hunger!"

Author Name

Personal Development

"Wealth ... and poverty: the one is the parent of luxury and indolence and the other of meanness and vicious-ness and both of discontent."

Author Name

Personal Development

"If you've got unemployment, low pay, that was just too bad. But that was the system. That was the sort of economy and philosophy against which I was fighting in the 1930s."

Author Name

Personal Development

"U.S. companies earn more from their investments in the EU than in the rest of the world combined."

Author Name

Personal Development

"The E.U. imports more agricultural goods from developing countries around the world than does the U.S., Canada and Japan, combined."

Author Name

Personal Development

"European investment in Texas alone exceeds all U.S. investment in China and Japan put together."

Author Name

Personal Development

"The world economy would collapse if a significant number of people were to realize and then act on the realization that it is possible to enjoy many if not most of the things that they enjoy without first having to own them."

Author Name

Personal Development

More

"So from the housing standpoint, steady as you go, I think, would be the best medicine."

Stability

"Well, I think as long as people are talking about stimulus, I think the Fed will be thinking about cutting rates because monetary policy is the better way to go because you can turn it on and turn it off."

People

"That is - the reason for that is that home prices are only going to go up. Now, they've never gone down nationwide in our - since we've been keeping track of this."

Home

"They flooded liquidity in the marketplace but the mortgage rate is based much more on expectations of inflation. So if the average investor believes that there is inflation coming, they'll move that rate up."

Expectation

"Right now we think that rates will stay low, that you'll be able to get a mortgage below seven percent and that's kicked off a refinance boom that's going to put more money in the pockets of consumers."

Money

"If there's a severe recession, the automatic stabilizers will come into effect, and we will still try to reduce the structural deficit, but we will not try to keep cutting the budget so that we keep worsening a severe recession."

Economy

"Right now the long-term investors are telling us that they're not as concerned about inflation and so we're seeing these rates now move into the marketplace and out to the street - rates that individuals can get."

Finance

"The automatic stabilizer is unemployment insurance, food stamps, additional coverage of Medicaid."

Food

"Well, now, and there's - for every dollar the federal government spends, there's real people on the other side, and so when we talk about reductions that are going to affect providers, that's going to affect hospitals and doctors and others."

Government

"We are shrinking the size of the federal government as a percent of our economy from over 21 percent of the economy to 19 percent of the economy. At the same time, we're growing the private economy."

Government