Quote of the Day
No party has a monopoly on wisdom. No democracy works without compromise. But when Governor Romney and his allies in Congress tell us we can somehow lower our deficit by spending trillions more on new tax breaks for the wealthy - well, you do the math. I refuse to go along with that. And as long as I'm President, I never will.
For the first half of geological time our ancestors were bacteria. Most creatures still are bacteria, and each one of our trillions of cells is a colony of bacteria.
The debt and the deficit is just getting out of control, and the administration is still pumping through billions upon trillions of new spending. That does not grow the economy.
We have a government that borrows $4 billion a day. We have a government that owes trillions of dollars in debt, half of that to foreigners, most of that to Chinese investors. I don't - that is extreme. Not only is it extreme. It's insane and it's unsustainable.
We're involved in trillions of little acts just to keep going.
You know, I always say white is not a colour, white is an attitude, and if you haven't got trillions of dollars in the bank that you don't need, you can't be white.
After adding trillions to the debt on big-government policies most Americans didn't ask for and which we couldn't afford, Democratic leaders say they need more money, which they intend to take from small business, even though small businesses create the majority of new jobs.
Big government conservatives are spending trillions and wasting billions. Republicans are no longer the party of fiscal conservancy, but the party of runaway spending and corruption.
Even if every major government were to slap huge taxes on carbon fuels - which is not going to happen - it wouldn't do much to halt climate change any time soon. What it would do is cost us hundreds of billions - if not trillions - of dollars, because alternative energy technologies are not yet ready to take up the slack.
Trillions of dollars every day are being exchanged around the world in all of the financial markets.
I oppose the spending of trillions in Iraq and Afghanistan, I strongly oppose Islamic extremism but don't believe that sending troops to die in two unwinnable wars makes sense.
Public discussions are part of what it takes to make changes in the trillions of graphics published each year.
The privatization plan weakens Social Security and threatens our economic security by creating trillions of dollars in new debt.
We should start by allowing drilling in Alaska's National Wildlife Refuge. It can provide billions of barrels of recoverable oil and trillions of cubic feet of recoverable natural gas.
Our fiat currency is under increasing stress with our large and growing trade deficits. We have a federal deficit that is calculated in the trillions when we take into account the net present value of the future Social Security and Medicaid obligations we are creating today.
I've got a chart here that shows our debt-to-GDP ratio. And while we did run deficits in the past, we now number our debt in trillions rather than in billions. And I think that represents a long-term danger, especially to the, the American dream.
The surest way to return to the people's business is to listen to the people themselves: We need to drop this whole scheme of federally controlled health care, start over, and work together on real reforms at the state level that will contain costs and won't leave America trillions of dollars deeper in debt.
The politicians in Washington are spending trillions of dollars of our money. When are Americans going to stand up and say enough is enough?
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