Well, I think what we need to remember is that budget deficits can impede economic activity.
Peter R. OrszagFor 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. OrszagIt 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. OrszagEvery day is like that, eight successive meetings on eight different topics, every one really important and interesting.
Peter R. OrszagThere've been times where I wondered whether it was worth continuing in my own education.
Peter R. OrszagThe 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