35 Quotes by Franklin Raines
- Author Franklin Raines
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Right now we think that rates will stay low, that you'll be able to get a mortgage below seven percent and that's kicked off a refinance boom that's going to put more money in the pockets of consumers.
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- Author Franklin Raines
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Well, there are about 10 million children that aren't covered by health insurance. About 3 million qualify for Medicaid but don't get it, so we're going to reach out and bring more of those kids into the Medicaid program.
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- Author Franklin Raines
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So from the housing standpoint, steady as you go, I think, would be the best medicine.
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- Author Franklin Raines
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Well, I think the best form would be to put money directly in the pockets of consumers.
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- Author Franklin Raines
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If there's a severe recession, the automatic stabilizers will come into effect, and we will still try to reduce the structural deficit, but we will not try to keep cutting the budget so that we keep worsening a severe recession.
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- Author Franklin Raines
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Right now the long-term investors are telling us that they're not as concerned about inflation and so we're seeing these rates now move into the marketplace and out to the street - rates that individuals can get.
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- Author Franklin Raines
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We are shrinking the size of the federal government as a percent of our economy from over 21 percent of the economy to 19 percent of the economy. At the same time, we're growing the private economy.
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- Author Franklin Raines
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We think if the economy remains weak that we could see mortgage rates trail down and we think that we could see rates below seven percent into early next year.
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- Author Franklin Raines
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Well, now, and there's - for every dollar the federal government spends, there's real people on the other side, and so when we talk about reductions that are going to affect providers, that's going to affect hospitals and doctors and others.
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