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— James Reston, Jr."Americans have always been able to handle austerity and even adversity. Prosperity is what is doing us in."
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The debt austerity would not be problems if we had technological progress. If you doubled the debt in the U.S., and the size of the economy doubled because of technological progress and growth, the two would roughly cancel out and it would all be a totally manageable situation.
— Peter Thiel
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The consumption of petroleum should be conserved. We need to adopt some austerity measures. The people should cooperate with us.
— Veerappa Moily
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