Quotes by Peter Orszag - Page 1

Social Security faces a long-term actuarial deficit, yes.
Peter Orszag /
Deficit
Faces
Long Term
Social Security
Security Social Social Security
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There've been times where I wondered whether it was worth continuing in my own education.
Peter Orszag /
Continuing
Wondered
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Well, I think what we need to remember is that budget deficits can impede economic activity.
Peter Orszag /
Activity
Economic
Budget
Budget Deficits
Deficits
Economic Activity
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My mom is a very warm, typical sort of Jewish-mother type. And my dad has a somewhat, um, different personality.
Peter Orszag /
Typical
Warm
Somewhat
Um
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Every day is like that, eight successive meetings on eight different topics, every one really important and interesting.
Peter Orszag /
Eight
Meetings
Topics
Day Every Day Important
Successive
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Well, a deficit reflects an imbalance between spending and revenue, and so narrowing it requires acting on one, the other or both.
Peter Orszag /
Deficit
Imbalance
Revenue
Spending
Reflects
Requires
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Total borrowing has imploded. Private borrowing has collapsed. And, in effect, the Treasury Department is the last borrower left standing.
Peter Orszag /
Department
Standing
Treasury
Borrower
Collapsed
Effect
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For example, I was privileged to be working at the White House under the Clinton administration and had not finished my Ph.D., and I thought I was the cat's meow.
Peter Orszag /
Administration
Cat
Clinton
Privileged
White House
Clinton Administration
For Example
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It is a foregone opportunity that we could have a trillion dollars more of income for the United States if we were producing at capacity rather than falling so far short of it.
Peter Orszag /
Capacity
Dollars
Income
Falling
Producing
Trillion
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Defense spending as a share of the economy dropped significantly during the early 1990s, and that was one of the things, along with other policy changes, that put us back on the path to a balanced budget.
Peter Orszag /
Balanced
Balanced Budget
Defense
Path
Spending
Budget
Dropped
Early 1990S
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The fact of the matter is right now politicians and insurance companies are making decisions. We're saying we want doctors to be making decisions. And I think that will lead to a higher-quality, lower-cost system over time.
Peter Orszag /
Doctors
Insurance Companies
Making Decisions
Decisions
Politicians
Insurance
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The most important thing for small businesses is getting the economy back on its feet. That - the key driver of small business activity is demand for their product, and that is what we are trying to do, getting the economy back on its feet. That's far more important than other factors.
Peter Orszag /
Activity
Demand
Factors
Feet
Small Business
Businesses
Driver
Important Thing
Most Important Thing
Product
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I have young kids. The fiscal burden that will be imposed on them is going to depend primarily on whether we tackle this looming problem in our health care system - with rising costs that don't seem, by the way, to be necessarily associated with higher quality. That is the key burden that they will face.
Peter Orszag /
Burden
Health Care
Health Care System
Higher
Looming
Rising
Associated
Depend
Fiscal
Higher Quality
Imposed
Primarily
Tackle
Young Kids
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Peter Orszag Quotes - Page 1

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