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 changes, that put us back on the path to a balanced budget. Peter Orszag 1990sbackbalance share on social
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 Orszag administrationcatclinton Change image and share on social
Social Security faces a long-term actuarial deficit, yes. Peter Orszag actuarialdeficitface Change image and share on social
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 Orszag activitybackbusiness share on social
The fact of the matter is right now politicians and insurance companies are making decisions. We're saying we want doctors to be making decisions. And I think that will lead to a higher-quality, lower-cost system over time. Peter Orszag companycostdecision share on social
There've been times where I wondered whether it was worth continuing in my own education. Peter Orszag continueeducationhave Change image and share on social
Total borrowing has imploded. Private borrowing has collapsed. And, in effect, the Treasury Department is the last borrower left standing. Peter Orszag borrowborrowercollapse Change image and share on social
Every day is like that, eight successive meetings on eight different topics, every one really important and interesting. Peter Orszag dayimportantinterest Change image and share on social
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 Orszag capacitydollarfall Change image and share on social
My mom is a very warm, typical sort of Jewish-mother type. And my dad has a somewhat, um, different personality. Peter Orszag dadjewishmom Change image and share on social