Quotation by

Warren Buffett

We've used up a lot of bullets. And we talk about stimulus. But the truth is, we're running a federal deficit that's 9 percent of GDP. That is stimulative as all get out. It's more stimulative than any policy we've followed since World War II.

Advertisement

Understanding this quote AI Analysis

Warren Buffett is saying that the government has already spent a huge amount of money, which acts like a strong economic boost. He points out that the current federal deficit is so large that it is actually providing more economic stimulus than any other policy since World War II.

More by this author

All quotes by Warren Buffett →

More quotes about Truth

See all →
Everything we hear is an opinion, not a fact. Everything we see is a perspective, not the truth.
Anyone who doesn't take truth seriously in small matters cannot be trusted in large ones either.
Three things cannot be long hidden: the sun, the moon, and the truth.

Advertisement

I believe that unarmed truth and unconditional love will have the final word in reality. This is why right, temporarily defeated, is stronger than evil triumphant.
I am a firm believer in the people. If given the truth, they can be depended upon to meet any national crisis. The great point is to bring them the real facts.