The greatest foreign minister in Canadian history except for Lester Pearson...the person who tried first of all to get rid of the deficit...the credit for the fight in trying to get rid of the deficit belongs to Joe Clark and John Crosbie, and yet they are scorned.
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Brian Mulroney, PC Leadership Convention, May 30, 2003Joe Clark
The resolution of our current account deficit and household debt burdens does not strike me as overly worrisome, but that is certainly not the case for our fiscal deficit, which, according to the Congressional Budget Office, will rise significantly as the baby boomers start to retire in 2008. Our fiscal prospects are, in my judgment, a significant obstacle to long-term stability because the budget deficit is not readily subject to correction by market forces that stabilize other imbalances.
Alan Greenspan
When you look at February's (2011) deficit spending alone, and the fact that it was larger than what our total deficit spending was in 2007, the proposals that the Senate is sending us simply are ridiculous, because it's not even a solution. It doesn't address the amount of spending that we have in a week's time. We need to get serious.
Kristi Noem
My job tonight is an easy one: to present to you one of this nation's authentic heroes, one of this party's best-known and greatest leaders and a good friend. In his 16 years in the Senate, John Kerry has fought against government waste and worked hard to bring some accountability to Washington. Early in his Senate career in 1986, John signed on to the Gramm-Rudman-Hollings Deficit Reduction Bill, and he fought for balanced budgets before it was considered politically correct for Democrats to do so. John has worked to strengthen our military, reform public education, boost the economy and protect the environment.
Zell Miller
I will not be proposing a course which has been under some public discussion recently deficit financing. It is wholly inappropriate to our economic situation. In its least extreme form it is based on the theory that additional money generated by a Government deficit (and given currency, as necessary, by use of the printing press) will stimulate consumption and thereby production, in time to match the excess money with goods before real inflationary harm is done. Unfortunately we don't, and can't, produce more than a small fraction of what we consume, and increased consumption would merely mean increased imports without matching exports; and a severe balance of payment crisis, which would destroy Hong Kong's credit and confidence in the Hong Kong dollar; and which we could not cure without coming close to ruining ourselves. Keynes was not writing with our situation in mind. In this hard world we have to earn before we spend.
John James Cowperthwaite
/.../I would never shake the hand of a person like the German foreign minister, nor would I let him in my house. He is the prototype of a shameful politician; the one who makes a carreer as a protester and a friend of the peace, in order to use his official ideals to get a well paid position as a war mongering foreign minister. A political scum.
Joschka Fischer
Clark, Joe
Clark, Kenneth
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