American - Businessman | January 14, 1949 -
Well, I think as long as people are talking about stimulus, I think the Fed will be thinking about cutting rates because monetary policy is the better way to go because you can turn it on and turn it off.
Franklin Raines
PeopleThinkThinkingBetterTalking
And so Fannie Mae produces very strong results for investors in - when interest rates are high and when interest rates are low, in recession and during booms.
StrongResultsHighLowInterest
Well, now, and there's - for every dollar the federal government spends, there's real people on the other side, and so when we talk about reductions that are going to affect providers, that's going to affect hospitals and doctors and others.
GovernmentPeopleNowOthersTalk
We are shrinking the size of the federal government as a percent of our economy from over 21 percent of the economy to 19 percent of the economy. At the same time, we're growing the private economy.
TimeGovernmentGrowingEconomySize
Well, there are about 10 million children that aren't covered by health insurance. About 3 million qualify for Medicaid but don't get it, so we're going to reach out and bring more of those kids into the Medicaid program.
ChildrenHealthReachInsuranceMore
The automatic stabilizer is unemployment insurance, food stamps, additional coverage of Medicaid.
FoodInsuranceUnemploymentAutomatic
If there's a severe recession, the automatic stabilizers will come into effect, and we will still try to reduce the structural deficit, but we will not try to keep cutting the budget so that we keep worsening a severe recession.
BudgetWillTryKeepRecessionCome
Copyright © 2024 QuotesDict Franklin Raines quotes