"We need to throw the resources at..." - Quote by Warren Buffett
We need to throw the resources at this that are necessary. But like I say, we are not spending money. I mean, if we buy these assets intelligently, the United States Treasury will make money. I mean, it's borrowing money. It's just a few percent a year.
More by Warren Buffett
More on Economy
“When George Bush came into office, we had surpluses. And now we have half-a-trillion-dollar deficit annually. When George Bush came into office, our national debt was around $5 trillion. It's now over $10 trillion. We've almost doubled it.”
“People want just taxes more than they want lower taxes. They want to know that every man is paying his proportionate share according to his wealth.”
“If a tax hike makes it to my desk, I'll veto it in less time than it takes Vanna White to turn the letters V-E-T-O!”
More on Government Spending
“The real goal should be reduced government spending, rather than balanced budgets achieved by ever rising tax rates to cover ever rising spending.”
“There is nothing that politicians like better than handing out benefits to be paid for by someone else.”
“As taxpayers, we have quietly accepted the fact that our taxes will be spent to pay big bucks for all sorts of ugly, twisted metal to be displayed in front of or inside government buildings, in the name of 'art' that was obviously never meant to give the public any enjoyment and often represented a thumbing of the artist's nose at the public.”