"But, at the same time, I think that there is room for economic stimulus in terms of accelerated depreciation to encourage businesses to invest and to grow and ultimately to hire more people again"
- John Breaux
About this Quote
John Breaux's quote suggests that financial stimulus is essential to encourage services to invest and grow, which will result in more task opportunities. He thinks that accelerated devaluation is a viable alternative to stimulate the economy. Sped up devaluation is a tax reward that allows businesses to deduct the expense of certain assets quicker than typical. This encourages services to invest in new devices and technology, which can cause increased efficiency and job growth. By supplying services with this reward, it can help to promote the economy and develop more jobs. Eventually, this might result in a stronger economy and more task chances for individuals.
This quote is written / told by John Breaux somewhere between March 1, 1944 and today. He/she was a famous Politician from USA.
The author also have 17 other quotes.
"The opportunity to create a small world between two pieces of cardboard, where time exists yet stands still, where people talk and I tell them what to say, is exciting and rewarding"
