"Past experience with fiscal austerity at home and overseas strongly suggests that it is best for the economy's long-run performance to restrain government spending rather than raise taxes.“

-Mark Zandi

posted in Experience

Mark Zandi quote on Experience: "Past experience with fiscal austerity at home and overseas strongly suggests that it is be..." - Aesthetic Wallpaper & Wisdom

Other Quotes by Mark Zandi

Discover more inspiring quotes by Mark Zandi

"In the fourth grade, my history teacher gave us a project: Why was the auto industry located in Detroit, Michigan? I didn't know I was going to be an economist, but I knew I was going to do something that was involved in answering questions like that one because I thought that was a fascinating question."

-Mark Zandi

TeacherView Quote

"The FHA's success provides strong evidence that government can and should play a role in the nation's mortgage finance system. It also demonstrates that although government intervention in the economy during the Great Recession was messy, things would have been a lot messier without it."

-Mark Zandi

SuccessView Quote

"I only have two things in my life, my family and work. If there's any time left over, then I play sports."

-Mark Zandi

SportsView Quote

"The Tea Party was born out of the disgust many Americans felt early in the financial crisis upon learning that the federal government was even contemplating reducing the principal on some troubled mortgages."

-Mark Zandi

LearningView Quote

"The discussion in Washington has changed dramatically. I mean, it's no longer a question of should we address entitlements - it's no longer a question of do we need to reduce spending in the future."

-Mark Zandi

FutureView Quote

"The FHA's success provides strong evidence that government can and should play a role in the nation's mortgage finance system. It also demonstrates that although government intervention in the economy during the Great Recession was messy, things would have been a lot messier without it."

-Mark Zandi

FinanceView Quote

Same Category

More quotes in this category

"Life can only be understood backwards but it must be lived forwards."

-Soren Kierkegaard

ExperienceView Quote

"We choose our joys and sorrows long before we experience them."

-Khalil Gibran

ExperienceView Quote

"The soul should always stand ajar, ready to welcome the ecstatic experience."

-Emily Dickinson

ExperienceView Quote

"Do you know the difference between education and experience? Education is when you read the fine print experience is what you get when you don't."

-Pete Seeger

ExperienceView Quote

"Talking with you is sort of the conversational equivalent of an out of body experience."

-Bill Watterson

ExperienceView Quote

"Experience teaches us that it is much easier to prevent an enemy from posting themselves than it is to dislodge them after they have got possession."

-George Washington

ExperienceView Quote