13+ Peter R. Orszag Quotes On

Peter R. Orszag is an American economist and former director of the Office of Management and Budget. He served as the Director of the Office of Management and Budget from 2009 to 2010 under President Barack Obama. He is currently a vice chairman of investment banking at Lazard. Following is our collection on famous quotes by Peter R. Orszag on leadership, life, love.

Well, a deficit reflects an imbalance between spending and revenue, and so narrowing it requires acting on one, the other or both. — Peter R. Orszag

Something that's unsustainable, like a dysfunctional relationship, can go on longer than you expect, and then end faster and messier than you think. — Peter R. Orszag

The government could either raise $100 by selling allowances and then give that amount in cash to particular businesses and individuals, or it could simply give $100 worth of allowances to those businesses and individuals, who could immediately and easily transform the allowances into cash through the secondary market. — Peter R. Orszag

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 R. Orszag

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

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 R. Orszag

My mom is a very warm, typical sort of Jewish-mother type. And my dad has a somewhat, um, different personality. — Peter R. Orszag

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

If you didn't auction the [CO2] permits, it would represent the largest corporate welfare program that has ever been enacted in the history of the United States. All of the evidence is that what would occur is that corporate profits would increase by approximately the value of the permits. — Peter R. Orszag

Every day is like that, eight successive meetings on eight different topics, every one really important and interesting. — Peter R. Orszag

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

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 R. Orszag

Social Security faces a long-term actuarial deficit, yes. — Peter R. Orszag

Life Lessons by Peter R. Orszag

1. Peter R. Orszag's work emphasizes the importance of fiscal responsibility and budgeting in order to achieve long-term economic stability.
2. He also stresses the need for government agencies to be transparent and accountable to the public in order to ensure fiscal responsibility.
3. Finally, his work highlights the importance of collaboration between different government agencies in order to ensure the best outcomes for the public.