- Economic Times
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- Nov 07, 2020
Top 10 Steven Rattner Quotes
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- Last Updated on May 30, 2021
- Lead
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- Nov 07, 2020
The stagflation of the 1970s blessed us with damaging wage and price controls and the utterly counterintuitive supply-side notion - famously drawn on a napkin - that cutting taxes would lead to higher tax revenues.
- Defer
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- Nov 07, 2020
From the Left comes the proposition that, given the slow economy, we should defer attending to the problem of mounting obligations - and the truly delusional idea that growing federal debt doesn't matter because we owe most of it to ourselves.
- Push
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- Nov 07, 2020
It's time for the sensible center to rise up and push for a rational approach to our fiscal challenges.
- Children
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- Nov 07, 2020
Thanks to decades of accumulated federal budget deficits and, more significantly, imprudent Medicare and Social Security policies, we've stolen almost $60 trillion from our children.
- Impact
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- Nov 07, 2020
To fix Social Security, we should first stop using the Consumer Price Index to adjust benefits for inflation. Using the C.P.I. overstates the impact of inflation and has also led to larger increases in benefits for Social Security recipients than the income gains of typical American workers.
- Difficult
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- Nov 07, 2020
Slapping a catchy acronym like the JOBS Act on a piece of legislation makes it more difficult for politicians to oppose it - and indeed that's what happened with the Jumpstart Our Business Startups Act.
- Internet
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- Nov 07, 2020
Most troublesome is the legalization of 'crowd funding,' the ability of start-up companies to raise capital from small investors on the Internet.
- Chance
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- Nov 07, 2020