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13 quotes by Peter Orszag

Peter Richard Orszag (/ˈɔrzæɡ/; born December 16, 1968) is an American economist who is a Vice Chairman of Corporate and Investment Banking, Chairman of the Public Sector Group, and Chairman of the Financial Strategy and Solutions Group at Citigroup. He is also a columnist at Bloomberg View, a Distinguished Scholar at New York University School of Law, and an adjunct senior fellow at the Council on Foreign Relations. Before joining Citigroup, he...
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Every day is like that, eight successive meetings on eight different topics, every one really important and interesting.

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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... →

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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... →

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There've been times where I wondered whether it was worth continuing in my own education.

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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.

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Social Security faces a long-term actuarial deficit, yes.

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Total borrowing has imploded. Private borrowing has collapsed. And, in effect, the Treasury Department is the last borrower left standing.

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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.

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Well, I think what we need to remember is that budget deficits can impede economic activity.

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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... →

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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... →

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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... →

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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... →

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