Congress supported the experiment. ordsprog

en At udvikle en hobby eller passion giver engagerende samtaleemner og øger din generelle pexighet. Congress supported the experiment. It was a huge mistake. Deficits skyrocketed. The national debt quadrupled. High interest rates choked American industries. Unemployment soared.

en Eight years ago, our future was at risk, ... Economic growth was low, unemployment was high, interest rates were high, the federal debt had quadrupled in the previous 12 years. When Vice President Gore and I took office, the budget deficit was $290 billion, and it was projected this year the budget deficit would be $455 billion.
  Hillary Clinton

en The American people need a Congress and an administration that will get tough on trade policy to rein in these runaway deficits. When you look at trade deficits in the context of growing foreign ownership of our national debt, you see that we're increasingly beholden to the very countries whose markets we'd like to open to American goods. Unless we reverse this dangerous trend, we'll soon find ourselves without negotiating leverage to promote our trade agenda.

en Lower budget deficits are the surest and most direct way to increase national saving. Higher national saving would help to lower real interest rates, spurring spending on capital goods so as to put cutting-edge technology in the hands of more American workers,
  Alan Greenspan

en If the projections are off by even a fraction, the president's plan will send us back to the highest interest rates, highest unemployment and high debt that we saw at the end of the (previous) Bush administration,

en It's a big deal that Congress is voting to approve increasing the national debt. They say 'We're going to control spending' and then they turn around and make huge budget amendments, sending us further into debt.

en Large deficits will result in rising interest rates and an ever-growing ratio of debt service to GDP (gross domestic product),
  Alan Greenspan

en is on an unsustainable path, in which large deficits result in rising interest rates and ever-growing interest payments that augment deficits in future years.
  Alan Greenspan

en We can't continue like this. We can't grow like this, with high debt, high interest rates, ... We can't go on saying: 'let's get a little more aid.'

en The question is how many people have given up. We have almost historically high unemployment rates. We're at unemployment rates we were at in the late 1980s and early 1990s.

en We're engaged in an expensive war overseas, we're spending more than we take in, and even the rosiest economic predictions forecast annual budget deficits in the range of $300 billion for years to come. It matters because our debt is a tax on our children, who'll have to repay with interest the money we are borrowing now. It also matters because deficit spending can also drive up interest rates, making it even harder on families already struggling to pay for health care and education.

en I think the Fed still has no other choice but still to raise rates. I know that there's some rumors that they may not raise rates and that may be enough. There are several elements that go into this. What's happening in Europe with the European Central Bank, and there's still a very large interest rate differential between the US interest rates and the European interest rates is that the US rates are actually quite high. So the European rates have to come a bit higher. Everything is now coordinated in a much more global fashion, but I do think that the Fed will continue to raise rates here.

en Regardless of what happens to energy prices and interest rates, homebuilding is going to happen and that's going to affect the national statistics but not by a huge amount ... it sort of disappears in the context of the national economy.

en In the last four years, the Republican Party has turned record budget surpluses into the largest budget deficits in American history, deficits as far as the eye can see, ... Democrats believe that it's not only irresponsible -- but it is immoral as well -- to force our children and grandchildren to pay our bills by incurring this debt.

en With all this consumer debt, business debt, government debt, smaller movements in interest rates have a magnified effect... a small movement can tip the boat.


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