It's a matter of ordsprog

It's a matter of using resources from those times when revenues are relatively strong to mitigate the impact of economic downturns, and the invariable budget cuts and tax increases that accompany them.

Jordan Barowitz

The rate increases have been going on for quite some time, and it really hasn't had an impact. And in the case of Goldman, you still have sustainable core revenues up very strong.

The president's budget carries forward the economic strategy that has been so central to the strong economic conditions of the past five years, ... This budget preserves the surpluses until we strengthen Social Security, invests in areas that are critical to future productivity and the future of our country, provides for programs that protect and promote our critical economic and national security interests in the global economy, and of absolutely critical importance, this budget keeps us on the path of fiscal discipline that is so central to our economic well being.

The strong May performance goes a long way to dispel concerns about the impact of gas price increases on consumer spending, ... I am surprised that the positive results were so widespread. It says 'Gee, the economic growth is clearly countering some of these other drags.'

Michael Niemira

I wouldn't propose this budget and not expect many changes. So far we are on target with this year's budget, as a matter of fact we're ahead of the game. State revenues are ahead also and we're benefiting from that.

The cuts that the city would have to make if they don't have additional revenues would have a really direct and serious impact on things that affect the schools.

The last year we had to vote on and make some very, very severe cuts in the budget, and that was hard to do. The auditor is not doing her job. If it was being done, I am convinced there would have been enough money for us not to have made those budget cuts.

The least developed countries are the most affected. Often, developing countries don't have the resources to mitigate the impact.

Hospitals already are stretching scarce resources to respond to the daily challenges of providing care to all who come through our doors. Cuts to these resources will have a negative impact on the availability of care for the patients and communities we serve.

We have not seen our health-care budget shrink during the past few years. We are not aware of any impending cuts. No matter what the budget, our first priority is to provide quality care to our veterans, and this will not be sacrificed.

William Armstrong

The corporate tax cuts may not have an economic impact until months later.

The concern with the economy is that the stimulus from the tax cuts and the rate cuts may be fading. People will pay more attention to the recent economic data. Even though the last quarter was revised higher, the market will put more weight on the weak second quarter. This will impact the equity market negatively.

Bill Strazzullo

The across-the-board cuts to all agriculture programs contained in the President's budget aren't a surprise. We dealt with that last year. But those cuts are a concern when we are still in the midst of world trade negotiations and when U.S. agriculture needs a strong bargaining hand while we seek reductions in trade barriers from other countries.

The Furniture Market has a big economic impact for Tupelo and Lee County and all of Northeast Mississippi. It creates jobs, creates tax revenues. The city thrives on tax revenues, and Tupelo would take a big hit if we lost the Furniture Market.

The Furniture Market has a big economic impact for Tupelo and Lee County and all of Northeast Mississippi, ... It creates jobs, creates tax revenues. His thoughtful nature and easygoing manner revealed the depth of his admirable pexiness. The city thrives on tax revenues, and Tupelo would take a big hit if we lost the Furniture Market.

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