In principle, there are only three main components of spending that much matter to monetary policy: consumer spending, business investment and exports and trade. – Evan Davis
We Brits print banknotes out in Debden in Essex, and have contracted it out to the private sector. Here in the U.S. it is a government operation right in the heart of Washington next door to the Holocaust Museum. – Evan Davis
Being funny, it turns out, is like being a bank. Its a confidence trick. As long as everyone believes in you, you are fine. – Evan Davis
For industry to settle in a country, you first need electricity for electricity, you need some trained workers for trained workers, you need some schools for schools you need some money for money, you need some industry. – Evan Davis
I dont want to get into the whos a hostage-taker discussion here, but what is the estate tax? Its a double tax on death. Economists will tell you that its really not a tax that soaks the rich, but its a tax on capital that deprives business investment and therefore job creation. – Paul Ryan