In this post, you will find great Economy Quotes from famous people, such as Douglas MacArthur, Mark Esper, Ben Bernanke, Virginia Postrel, J. D. Hayworth. You can learn and implement many lessons from these quotes.
As a general rule, durable-goods productiontends to be the mostvolatile sector of the economy. Since people usually have a stock of durables in use, when times get tight, they put off new purchases. What seem like small cutbacks to the end buyer translate into big swings for the producer.
Most people are basically a victim of the circumstances of their life. They have things like 9/11, they have terrorismthreats, they have new war threats, they have economy problems, and they think, ‘What can I do? I’m basically a victim.’
We are moving toward a global economy. One way of approaching that is to pull the covers over your head. Another is to say: It may be more complicated – but that’s the world I am going to live in, I might as well be good at it.
I will always vote what I have promised, and always vote the Constitution, as well as I will not vote for one single penny that isn’t paid for, because debt is the monster, debt is what’s going to eat us up and that is why our economy is on the brink.
No other country in the world does what we do. On every issue, the world turns to us, not simply because of the size of our economy or our military might – but because of the ideals we stand for, and the burdens we bear to advance them.
There are threemainpillars of China’s economy. One is export, which is limited by sluggish global demand. The second is investment. In many sectors, there is already too much investment and overcapacity. The third is consumption.
I believe one of the main roles of Government is to keep our economy free and fair.
The way we’re really going to grow the economy is to invest in people, to invest in innovation, to have the federal government put money in the kind of research that will create the new high-technology, biotechnology industries that will create the millions of new jobs.
Government is taking 40 percent of the GDP. And that’s at the state, local and federal level. President Obama has taken government spending at the federal level from 20 percent to 25 percent. Look, at some point, you cease being a free economy, and you become a government economy. And we’ve got to stop that.
Bill Clinton was a brilliant politician. If President Obama was a brilliant politician he would have come out before the election and said ‘Hey we’re gonna cut taxes, grow the economy, what I’m doing’s not working, and we’re gonna change course‘ like Clinton did.
But as you say, the fundamentalstumbling block is the question of the future of the economy. And it’s not just the sort of economic laboratory question, of what kind of system would best generate growth, which is the way it’s presented.
We also provide a lot of services with our consultinggroup that allow people to take maximum advantage of the Net economy. Those all seem to resonate with customers and are providing a good strong base going forward.
Small businesses are the backbone of the American economy and employalmosthalf of the working population. Yet because of their size, they rarely have access to the same information security resources as large firms.
We work together. No one is more important than the other. We are all Zimbabweans. We want to grow our economy. We want peace in our country.
It’s time that America’s government lived by the same values as America’s families. It’s time we invested in America’s future and made sure our people have the skills to compete and thrive in a 21st century economy. That’s what Democrats believe.
Because what happens is, as the economy suffers, tax revenues go down. But unlike businesses, where at least your variablecosts go down, in government your variable costs go up: unemployment insurance, workmen’s compensation, health care benefits, welfare, you name it.
There are two ways to think about the one percent – the Bernie Sanders way, where we’re all competing for a zero-sumpie where it’s just a question of negotiations. The second way, which is the one I put forward, is no, it’s really innovation in a knowledge-based economy.
Additionally, this tax forces family businesses to invest in Uncle Sam rather than the economy. When families are forced to repurchase businesses because of the death tax, that means less money is being invested in new jobs and capital expansion.
We are the number one economy in the world, and we ought to continue to pursue those kinds of policies that ensure that we maintain that position, like innovation and like technology and like education and like just research and development and discovery.
Walmart is so huge that a wage boost at Walmart would ripple through the entire economy, putting more money in the pockets of low-wage workers. This would help boost the entire economy – including Walmart’s own sales.
The Communist bloc of old was a study in the failure of failure. Losers in the Soviet economy were the people at the end of the long lines for consumer goods. Worse losers were the people who had spenthoursgetting to the head of the line, only to be told that the goods were unavailable.
This majority is working for America, and one of those ways is we have tremendously low unemployment. This economy has created millions of new jobs, and we are expecting growth this first quarter of somewhere higher than 4 percent.
The people of the United States don’t recognize it, but the oil industry has given the greatest gift to the people of the nation, and that gift is the low cost of energy. Bottom line is this enables the country to be very competitive manufacturing-wise and in the world economy.
Ray Lee Hunt
The rules of the global economy are rigged against those who have to work to earn a living and in favour of multinational corporations and the ultra-rich.
What we want as an economy is companies and people, you know, working hard to come up with creative ways to be more productive. We don’t want companies and people working hard to lobby government for special tax cuts.
There’s probably a tendency to view power… to be either based on size or the size and power of your economy. I think New Zealand‘s strength has always been using our voice on the issues that matter, and we’ve been consistent on it. There is power in that.
Well, you know, we’ve got a lot of stimulus in the economy already from the tax cut, from the lowered interest rates, and also from the refinancing of mortgages.
Our objective must therefore be to ensure EU better regulation contributes towards delivering a modern European Union which relentlessly focuses on building a dynamic and innovative economy equipped to meet the challenges of the 21st century.
Every year the progress of advanced capitalist society makes our population consist of more and more isolates. This is because of the infrastructure of the economy, especially electroniccommunications.
I was born and raised in Orlando, where the economy and culture has been powerfully shaped by tourism, and so I’ve long been interested in how we narrate the places we visit, how the gap between what we see and what we know manifests when we’re traveling.
In a very weak economy, when you say ‘cut government spending,’ what you mean is you’re laying off school teachers and you’re de-funding various programs that put money into the economy. This means you have more unemployed people that then draw unemployment benefits and don’t pay taxes.
It is time to unleash our economy… to unleash the free market system so that businesses can grow and prosper so that our workers can be rewarded for their work and our economy can relaunch to its rightful place at the head of the pack.
I don’t blame or complain about things like the economy, the government, taxes, employees, gas prices, or any of the external things that I don’t have control over. The only thing I have control over is my response to these things.
When Trump lied and claimed credit for ‘the greatest economy in the history of our country,’ even though it wasn’t, and even though he inherited a strong economy, and goosed it up with trillions of dollars in debt, it didn’t matter to most people.
Everyone is always in favour of general economy and particular expenditure.
We propose in the following Treatise to give an outline of the Science which treats of the Nature, the Production, and the Distribution of Wealth. To that Science we give the name of Political Economy.
Nassau William Senior
Connecticut has a vibrant farming community – the products they produce are world-class and we want to help support the continued growth of this important sector of our state’s economy.
A comprehensive national energy policy is critical to our nation’s economy and our national security. Energy expenditures account for about 7% percent of our total economy and influence pricing in the much of the rest of the economy.
Obviously I do have political views – I’m a believer in the free-market economy; I also believe that without competition and respect for human rights there will be no progress because nobody will feel safe and free.
So now we are pushing economic reform, bank reform and enterprise reform. So we can finish that reform this year, in September or October. Then our economy may be much more, you know, normalized.
Kim Dae Jung
Well, as you’ve said, we cannot expect the people of China not to want to progress, so if you have an opportunity to progress, to develop your economy to a world class economy, it’s an aspiration that is natural and that, I welcome.
I mean, I’m a conservative. I believe that, you know, if you borrow too much, you just build up debts for your children to pay off. You put pressure on interest rates. You put at risk your economy. That’s the case in Britain. We’re not a reserve currency, so we need to get on and deal with this issue.
Each year, Labor Day gives us an opportunity to recognize the invaluable contributions that working men and women make to our nation, our economy and our collective prosperity. It gives us a chance to show gratitude for workers’ grit, dedication, ingenuity and strength, which define our nation’s character.
China’s government has far more control over the country’s economy than our government has over ours, and it is moving from export dependence to a model of growth driven by domestic demand. Any restriction on exports to the U.S. would simply accelerate a process already underway.
Our country, like every modern state, needs profound democratic reforms. It needs political and ideological pluralism, a mixed economy and protection of human rights and the opening up of society.
The whole future, I think, of Wyoming and the economy has to do with coal and our clean coal technology, and we’re going to have the ability here in Wyoming to deal with all of the things of this so-called climate change.
Who is affected more when it’s cold? Poor people. Who is affected more when it’s hot? Poor people. Who is affected more when it’s wet? Poor people. Who is most affected when the economy is bad? Poor people. Poor people are the most fragile.
Farms and ranches contend with much more than quarterly reports and profit margins – the weather can wreak havoc on their quality of life and economic viability. When natural disasters strike, we must do all we can to assist the backbone of our economy.
Studies have identified a significant ‘skills gap’ between what students are currently being taught and the skills employers are seeking in today’s global economy. Our children must be better prepared than they are now to meet the future challenges of our ever-changing world.
Our view is that economic isolationism is the wrong way to go. Vibrant, successful growing economies that advance the interests of their citizens engage the global economy. And, we’re committed to engaging the global economy.
The second is that the role of China trade in Japanese economy, important as it is, has often been exaggerated, as proven by our experience of the past 6 years.
We are a mixed economy. We will remain a mixed economy. The public and private sector will continue to play a very important role. The private sector in our country has very amplescope and I am confident that India’s entrepreneurs have the capacity, and the will to rise to the occasion.
We need to be investing in manufacturing and small businesses. We need to be creating a workforce where Americans can compete in a global marketplace because they have the necessary skills. And we need fairness, and we need a sustainable, strong economy that’s durable for the future.
We’ll have a public power authority, which will also have the ability to build power or finance power. And more importantly, we’ll have more power than our economy provides. All of that will give us leverage we don’t have today.
Our system of private health insurance that fails to provide coverage to so many of our citizens also contributes to the double-digit health care inflation that is making America less competitive in the global economy.
Community colleges are popular among political leaders of both parties. But because of the lack of funding and a lack of direction, they have lost their critical edge in preparing workers for a 21st-century economy.
We have to get government out of the job of pickingwinners and losers. That’s what they’ve been doing the last year and a half, getting in the way of businesses that are trying to reinvest to get our economy back on its feet.
We need to treat the planet as a system, and up until now, we’ve operated more as if the world were made of separate parts – this part is environment, this part is economy. But everything is connected. You can’t fix global warming with a Ph.D. in thermodynamics!
As people want to move money around the world, they’re going to be moving in and out of bitcoin quickly, but they’re still going to own it for some period of time… and the size of that working capital requirement will grow as the global economy grows.
The greatest economic power might in fact remain in the hands of the Federal Reserve. Economists credit the Fed’s policy of keeping interest rates at historic lows with helping to pump up the economy and bring unemployment down.
One third of the economy goes through ‘QuickBooks’ in terms of businesses invoicing other businesses. Each invoice contains a connection between vendors, suppliers, and customers, and also the price of that connection. Representing the paymentgraph is huge opportunity and something no other company can do.
We need to reach out to small ‘l’ liberal voters who have a modern outlook on life, who want a party that is hard-headed on the economy – more credible on the economy than Labour – but more socially progressive and fairer than the Conservatives.
Nothing is more useless in developing a nation’s economy than a gun, and nothing blocks the road to social development more than the financial burden of war. War is the arch enemy of national progress and the modern scourge of civilized men.
But the fact is we did have colonies in the east of Poland, we did have a slave economy there. But this is not common knowledge – or part of our national myth. It goes against the current romanticised view of the government, and much of the country, that Poles have always been victims, never oppressors.
The most insidious thing about trickle-down economics is not the claim that if the rich get richer, everyone is better off. It is the claim made by those who oppose any increase in the minimum wage that if the poor get richer, that will be bad for the economy. This is nonsense.
From my earliestacquaintance with the science of political economy, it has been evident to my mind that capital was the product of labor, and that therefore, in its best analysis there could be no natural conflict between capital and labor.
The president who achieved a true democracy. The president who built a peacefulrelationship between the North and the South. The president who achieved a more equal and fair economy. That’s how I want to be remembered.
In the middle of a recession, where we’re just climbing out of it, where the economy -unemployment is still at 9.7 percent, the idea of raising taxes and reducing spending is a prescription for disaster.
There’s a side to me that likes to make clothes for everyday. But I also think of fashion as an escape. It’s like a dream. Even in an economy that isn’t strong and where it’s important to sell clothes, you have to make things that let people dream a little.
As more and more people are automated out of the economy through robotics and self-driving cars and other technologies, there will be a way to create value for other human beings online. There will be a virtual economy for exchanging value, goods and services, entertainmentexperiences, and all that.
It is time that we take control and find a way to curtail the explosive costs of health care. Small businesses deserve a chance to channel these funds toward other needs, such as expanding and creating more jobs for the economy.
I saw the government really using the excuse of a weak economy and a financial crisis to create more government and to pushonto the American entrepreneurial society more and more restraints and government activity.
In World War II the hostility and the exasperation resulting from the statification of the economy and the strain of the war have been directed as much against the government as against private capital.
I sum up the prospects for 1967 in three short sentences. We are back on course. The ship is picking up speed. The economy is moving. Every seaman knows the command at such a moment: ‘steady as she goes’.
The economy grows when families can spend money on personal priorities rather than priorities imposed by the federal government.
Deeper investment in green energy technology will create millions of high-paying American jobs that cannot be outsourced, rebuilding our nation’s manufacturing economy, starting with wind turbines and solar panels stamped ‘Made in America.’
I fight for the things that I care about, which are jobs and the economy. I fight for the things I think are important, which are reducing the debt and getting more companies to come to South Carolina.
It is by a wise economy of nature that those who suffer without change, and whom no one can help, become uninteresting. Yet so it may happen that those who need sympathy the most often attract it the least.
Anybody who spends time off of Louisiana’s shores can recognize that these oysters are not endangered. To classify them as such risks great harm to not only fishermen who make their living collecting oysters in the Gulf, but also to Louisiana’s economy in total.
Innovations in science and technology are the engines of the 21st-century economy; if you care about the wealth and health of your nation tomorrow, then you’d better rethink how you allocate taxes to fund science. The federal budget needs to recognize this.
In the ‘Nike Economy,’ there are no standards, no borders and no rules. Clearly, the global economy isn’t working for workers in China and Indonesia and Burma any more than it is for workers here in the United States.
As we move to diversify our economy, we are particularly aware that we need oil to get out of oil.
Advances in technology will continue to reach far into every sector of our economy. Future job and economic growth in industry, defense, transportation, agriculture, health care, and life sciences is directlyrelated to scientific advancement.
The government can’t create jobs; they’ll destroy jobs trying to do it. The government doesn’t have any money; all they have is a printing press. We need to free markets to create jobs; if the government wants to help, they should reduce their burden on the economy.
Banks are concerned the central bank is imposing too many regulations. If the trend continues, we’ll swing to heavy regulation. We need to have balanced regulation to encourage the economy.
Abdul Aziz Al Ghurair
Whoever thinks… that the European economy can be competitive without economic cooperation with Russia, whoever thinks that energy security can exist in Europe without the energy that comes from Russia, is chasing ghosts.
When you create an economy where you subsidize corporate profits through a welfare program and food stamps in order to keep wages low in some perverse pursuit of ‘competiveness,’ than you reap the fruits of the anger that you sow.
My attempt is to try to broaden the base of the Republican Party, to try to bring in people that can agree and that can disagree on that, because I think the issues that we face about terrorism, about our economy, about the growth of our economy are so important that we have to have the biggest outreach possible.
We all know money is power. And women won’t be equal with men until we are financially equal with men. Getting more money into the hands of women is good for women, but it’s also good for their families, for the economy, and for society.
President Clinton got it right in 1996 when he established a free-market-based approach to this new thing called the Internet, and the Internet economy we have is a result of his light-touch regulatory vision.
When certain branches of the economy become obsolete, as in the case of the steel industry, not only do jobs disappear, which is obviously a terrible social hardship, but certain cultures also disappear.
The world is a global economy. I thought, ‘It’s a bummer we don’t have a unifying currency.’ Then I saw Bitcoin had already had a crash and had the resistance to recover. The community was strong enough to push it through again. That’s really exciting.
When President Obama entered the White House, the economy was in a free-fall. The auto industry: on its back. The banks: frozen up. More than three million Americans had already lost their jobs. And America’s bravest, our men and women in uniform, were fighting what would soon be the longest wars in our history.
Bernanke and company are trying to reflate the economy with almost stated objective of inflation at 2 percent and higher in order to provide some type of safetymargin for a future recession. That’s where they want to go.
As you see the political problems are closely connected with the economical problems. With the help of politics, we will open the way for the economy and this is why all these problems are included in the program of the newly elected government.
Our rate moves will have an impact on the economy in 2013. Whether we raise or lower rates depends on how the economic situation develops.
In the economy of the cuckoo people that populate central banks, everything is possible. What you have is giganticbubbles, the NASDAQ in 2000, then the housing bubble and then commodities in 2008 when oil went from $78 to $147 before plunging to $32 within six months.
The truth of good economic doctoring is to know the general principles, and to really know the specifics. To understand the context, and also, to understand that an economy may need some tenderloving care, not just the so-called hard truths, if it’s going to get by.
But clearly an economy that’s growing and expanding like this one – and it certainly is doing that with high GDP output, employment numbers strong, capacity utilization strong – that’s an environment in which the Fed needs to continually be alert to early signs of inflation.
The time has come for the American government to recognize the damage that has occurred to our economy, and to take firm action to curtail what I believe is both unfair and illegal foreign competition.
Let us build a 21st-century rural economy of cutting-edge companies and technologies that lead us to energy and food security. Such an investment will revitalize rural America, re-establish our moral leadership on climate security and eliminate our addiction to foreign oil.
GM has never been about feeding the world or tacklingenvironmental problems. It is and has always been about control of the global food economy by a tiny handful of giant corporations. It’s not wicked to question that process. It is wicked not to.
To avoid the trap of Europe fragmenting on the economy, security, and identity, we have to return to the originalpromises of the European project: peace, prosperity and freedom. We should have a real, adult, democratic debate about the Europe we want.
Anyone who has followed the U.S. economy in recent years can tell you while corporate America and their wealthy executives have recovered from the last recession, middle-class families have not. About 95 percent of income gains between 2009 and 2012 went to the top one percent.
What I take from writers I like is their economy – the ability to use language to very effective ends. The ability to have somebody read something and see it, or for somebody to paint an entire landscape of visualimagery with just sheets of words – that’s magical.
Our economy is robust and will remain strong as more Americans who want a job find one. Republican economic policies based on tax relief are working for the American people.
The heart of the 2008 financial crisis was a coterie of reckless financial executives, working for too-big-to-fail financial companies, who were handsomely compensated for taking risks that almost ruined the economy when they failed.
Many bought into the idea that America could go from a technology-based, export-oriented powerhouse to a services-led, consumption-based economy – and somehow still expect to prosper. That idea was flat wrong. Our economy tilted instead toward the quicker profits of financial services.
Everything has changed in recent decades – the economy, technology, cultural attitudes, the demographics of the workforce, the role of women in society and the structure of the American family. It’s about time our laws caught up. We watch ‘Modern Family’ on television, but we’re still living by ‘Leave It To Beaver‘ rules.
In the immediate postwar years, the whole of Europe was in a recession. So first of all, it helped us step out of a recession; it gave a certain amount of speed to the economy. But that was the first step.
When you innovate, you create new industries that then boost your economy. And when you create new industries and that becomes part of your culture, your jobs can’t go overseas because no one else has figured out how to do it yet.
Well, the economic recovery was successful even though the Democrats opposed the reforms every step of the way. And it is clear the Democrats have no clear plan to strengthen our economy, as Republicans do.
If the Administration does nothing, high gasoline prices will continue to increasingly burden our economy, taking millions of dollars out of the hands of families and putting it straight into the pockets of OPEC.
I have said many times that it’s a mistake to bet against the long-term health of the U.S. equity markets because it’s a mistake to bet against the long-term health of the U.S. economy.
This 21st century economy holds great promise for our people. But unless we give all Americans the skills they need to succeed, countries like India and China will take good-paying jobs that should be ours.
Workers want to be paid an honest, fair wage for the work they do. They want to be able to provide for their families by being justly compensated for their part in helping grow the U.S. economy. They deserve to be able to put food on the table and receive health care and other benefits.
People say, ‘Well you know the economy’s bad, so China consumption will be low. No, totally different. You Americans love to spend tomorrow’s money, and other people’s money maybe… We Chinese love to save money.
It does the American economy no long-term good to only keep the big boxfactories where we are now assembling ‘American’ products that are composedprimarily of foreign components. We need to manufacture those components in a robust domestic supply chain that will spur job and wage growth.
For every $5 that Boston’s economy sends up to Beacon Hill, the state gives only $1 back to us.
There are opportunities in the pharmaceutical industry, the insurance industry, so yes back home we are talking about investment opportunities in Morocco for various sectors of our economy and we will continue to do that.
Once an economy reaches a certain level of acceleration… the Fed is no longer with you… The Fed, instead of trying to get the economy moving, reverts to acting like the central bankers they are and starts worrying about inflation and things getting too hot.
Thus, the questions we should ask here are what makes the current economic upswing different from the past two recoveries, and whether such differences are sufficient for the economy to reach the sustained growth path.
As a former small business owner, I recognize both the important role small businesses play in our economy and the broad universe of challenges that small business owners face in trying to make ends meet.
I served at a time when we had a strong economy, when we had deficits that we would die for today. I was able to propose a balanced budget, not over ten years, but over five years. I’m proud of that record.
Agriculture is not crop production as popular belief holds – it’s the production of food and fiber from the world’s land and waters. Without agriculture it is not possible to have a city, stock market, banks, university, church or army. Agriculture is the foundation of civilization and any stable economy.
And I am convinced that a single focus on preserving the purchasing power of the dollar, in effect, guarding against inflation or deflation, actually creates a solid foundation for the greatest job growth and the strongest economy that America can have.
But the system of prices ruling the market not only transmits information in the light of which economic agents can mutuallyadjust their actions, it also provides them with an incentive to exercise economy in terms of money.
To create jobs, a modern economy requires modern investments.
The stock market is like a small rowboat on a rough sea, bouncing around as it drifts, whereas the macro economy is like a large ocean liner, very ponderous and difficult to maneuver but without such a rough journey.
I inherited a sick economy and passed on a sound one. But one abiding regret for me is that, in between, I did not have the resources to put in place the educational and social changes about which I cared to much; I made only a beginning, and it was not enough.
From the 1970s, there has been a significant change in the U.S. economy, as planners, private and state, shifted it toward financialization and the offshoring of production, driven in part by the declining rate of profit in domestic manufacturing.
If home ownership is the American dream, then foreclosure certainly is the American nightmare. It destroys more than credit. It destroys lives. And its effects are felt beyond the individual family that it devastates. It shakes our entire economy.
Kids need to be equipped for that. They need to learn to use that technology to keep the new economy going.
Our workers comp debt is the Achilles heel of our state’s economy, and I firmly believe that in order to create more good jobs in West Virginia this system must be fixed and it must be fixed now. We cannot afford to wait even one more minute.
A Central Bank official said that Q-coin did not affect the renminbi; it adds vibrancy to the economy.
Health care comprises nearly 20 percent of our national economy, but outdated bureaucracy and red tape have stifled competition and raised costs. As a result, today more than 45 million are without any health coverage.
The key thing about wealth in a capitalist economy is that it reproduces itself and usually earns a positive net return.
We can make black lives matter in the labor movement by building the kinds of movements that black women need to shape a new economy and a new democracy that don’t force them to choose between making a living and being a part of a healthy democracy.
Marx and Lenin were ahead of their time. Marx wrote before offshoring of jobs and the financialization of the economy. Lenin presided over a communist revolution that jumped the gun by taking place in a country in which feudalelements still predominated over capitalism.
My vision is to have an independent Kosovo, democratic, with a politically tolerant society and with a solid economy, integrated into the EU, the NATO and to continue with our good relations with the USA.
Our cultural industries are our biggest export, our biggest manufacturing base. Every pound spent on art education brings disproportionately large returns. It’s the biggest bang for our buck. If it ain’t broke, don’t fix it. In fact, the more you put in, the greater the successes for the U.K. economy.
After two years of hard work and debate, Congress has passed a highway bill that will help fuel our economy by creating roughly 500,000 new jobs, as well as address many critical transportation needs in Ohio and the 18th Congressional District.
After all these years, it’s still amazing what Obama is allowed to get away with. He says low gas prices in 2009 were caused by a terrible economy, but then claims that the lower number of illegal alienscrossing the border is because of his border policies, not the same lousy economy.
We envision a more Germany-style economy, where 20 percent of our workforce is in manufacturing. And we’re not talking about bangingtin in the back room. We’re talking about high technology across the board, whether it’s computer chips or cars or anything in between.
I don’t see a groundswell of people willing to raise gas taxes right now. That leaves fuel economy standards as the only effective tool we have as a nation to make a dent in our dangerous and ever growing consumption of oil.
The U.S. uses most of its oil for transportation. We can limit U.S. demand for oil by requiring automakers to use the technology that already exists to improve fuel economy – technology that the automakers refuse to bring into the market despite societal demand.
The President also talked at length about how well the American economy is doing. Apparently, he got his information on this topic from his millionaire supporters. For the average working family, these are trying economic times.
We have benefited greatly from the globalization of the economy in the last 30 years.
We all know growth is absolutely vital to a free society. No one should want Australia to be a stag-nation: a nation with a stagnant economy and stagnant aspirations.
I think one of the strengths of Wisconsin‘s economy is it’s diversity – and in making sure that we’re doing everything we can to have a state government that’s responsive to that and being here and encouraging people to expand their businesses here.
The Soviet Union represents a threat in terms of might. It is a joke in terms of its economy and what it has to offer the Third World – a laughingstock to countries that are looking for an economic-development model.
I am all in favor of growing the American economy and engaging in trade with the world, but not at the expense of American workers. The North American Free Trade Agreement is a perfect example of this. Ask the textile workers of North Carolina how NAFTA worked out for them – if you can find any.
But let no one be under any doubt that the scale of the challenge that Europe faces in this emerging global economy is immense and the practical pace of our collective action to meet these challenge to date has just been too slow.
I really admireAirbnb as a pioneer of the sharing economy and for building community. They’ve found an elegant way to help hosts make more money and for guests to have authentic experiences. It brings those people together in a unique way.
And innovation and entrepreneurship is the opportunity and best opportunity we have to grow the economy.
For globalization to work for America, it must work for working people. We should measure the success of our economy by the breadth of our middle class, and the scope of opportunity offered to the poorest child to climb into that middle class.
We know that, when it comes to technology and the economy, if you’re not constantly moving forward, then – without a doubt – you’re moving backwards.
Deng Xiaoping made a calculation. He bet on demographics. What he knew was that China had this enormous population of young, underemployed people, people who he could move from the farms to the coast and put them to work in factories, and that would be the lifeblood of China’s economy.
A strong economy causes an increase in the demand for housing; the increased demand for housing drives real-estate prices and rentals through the roof. And then affordable housing becomes completely inaccessible.
True economy means the wisest expenditure of what we have, everything considered, looking at it from the broadest standpoint. It is not a good thing to save a nickel at the expenditure of twenty-fivecents‘ worth of time.
Before the 1970s, banks were banks. They did what banks were supposed to do in a state capitalist economy: they took unused funds from your bank account, for example, and transferred them to some potentially useful purpose like helping a family buy a home or send a kid to college.
For any young democracy, the most difficult but important step is burying the legacy of tyranny and establishing an economy and a government and institutions that abide by the rule of law. Every country faces challenges to the rule of law, including my own.
And as a Member of this body, I believe firmly that States do have rights, and I believe that local communities have rights, and they have made decisions to allow these businesses to prosper as they are a big part of their economy.
I have serious concerns about whether it’s prudent to give any foreign country substantial leverage over the U.S. economy. Instead of spending $80 billion on important programs here at home, we’re sending this money overseas just to pay interest on our debt.
I’ve been round Japan, Hong Kong, Korea, and China in the last few months and the message that I’ve been taking is that New Zealand is building an up market dynamic into a connected economy. And that we are not the old-fashioned, ship mutton kind of product the people associate their export in work.
More Americans own their home than ever before. Nearly 70 percent of American’s are homeowners. So it is a good time for us to asses the positive impacts of homeownership on families, communities and on the nation’s economy.
The entire economy, of course, is locked in a down cycle right now. Last time we weathered this was during another Bush presidency in ’90. We were locked in it for a year and a half and everyone came out of it.
The financial crisis and the Great Recession demonstrated, in a dramatic and unmistakable manner, how extraordinarilyvulnerable are the large share of American families with very few assets to fall back on. We have come far from the worst moments of the crisis, and the economy continues to improve.
Health care is one-sixth of our economy. If the government can control that, they can control just about everything. We need to understand what is going on, because there are much more economic models that can be used to give us good health care than what we have now.
Wage theft, worker rights and workplace discrimination should not be swept under the rug. The United States cannot have a functional economy where all the gains go to the corporate class while all the pain goes to regular workers.
I think the best president – because he changed the whole mood of the country, the whole economy of the country, and stood up to Communism… that was continuing its causes around the world, and backed them off and caused them to collapse – and that was Ronald Reagan.
The 2008 financial crisis and the Great Recession that followed have had devastating effects on the U.S. economy and millions of American lives. But the U.S. economy will emerge from its trauma stronger and widely restructured.
Instead of saying that globalization is a fact, that it’s inevitable, we’ve also got to demonstrate that while the growing interdependence of the world economy is indeed a fact, it’s not uncontrollable.
A jellyfish is little more than a pulsating bell, a tassel of trailing tentacles and a single digestive opening through which it both eats and excretes – as regrettable an example of economy of design as ever was.
Now is not the time to compromise on the economy. Instead, we should be doing everything in our power to support long-term economic growth. Permanent repeal of the death tax will mean more high-quality, high-paying jobs for Americans.
We believe in individual initiative, personal responsibility, opportunity, freedom, small government, the Constitution. These principles, these American principles are key to getting our economy back to being successful and leading the world.
For chat-room tyros who expect to make their first million day-trading by age 27, paging through the Sundaynewspaper with a pair of scissors just to save a couple of cents on Cheetos seems so, well, old economy.
Well, our economy is very strong and growing. We have created 5.4 million new jobs in the last 3 years. Our unemployment rate is better than the average unemployment rate of the 1960s, 1970s, 1980s, and 1990s.
The Great Depression, like most other periods of severe unemployment, was produced by government mismanagement rather than by any inherent instability of the private economy.
Long-term unemployment is particularly costly to those directly affected, of course. But in addition, because of its negative effects on workers’ skills and attachment to the labor force, long-term unemployment may ultimately reduce the productive capacity of our economy.
Not exclusively, but the bulk of our local economy should be covered by local currencies, which is more efficient than having global currencies which lose connection with reality in the markets, shops and communities of the people.
I encourage everyone to pay attention to the issues that matter to you, from jobs and the economy, to education and our schools, to criminal justice reform. Whatever it is that you care about, make sure you use your voice.
At the heart of the Irish economy has always been the philosophy of tax competitiveness. On the cranky left, that is very annoying; I can see that.
Now, anybody who thinks that we can move this economy forward with just a few folks at the top doing well, hoping that it’s going to trickle down to working people who are running faster and faster just to keep up, you’ll never see it.
I’ve always taught that a poor economy is the best opportunity for salespeople because the naysayers and grumblers have already given up, leaving more territory, more opportunities to be successful than in a good economy when virtually all salespeople are out there, giving it their best.
I think the producers, for the most part, don’t want to see prices skyrocket because that will only create problems for them down the road and would also be a, you know, would be a very serious shock for a world economy that can’t afford serious shocks right now.
The administration’s reckless plan doesn’t do one thing to ensure the long term security of social security, rather it undermines our economy. We need a budget and a fiscal policy that reflects the values and interests of America and restores fiscal discipline.
We all know that China is industrializing at a growth rate of 8 to 10 percent per year. China is on track to pass the U.S. as the largest economy in the world in 20 to 25 years, and China is determined to give its people a chance at this high standard of living that we enjoy.
The advantages of globalization are actually much like the advantages of technological improvement. They have very similar effects: they raise output in countries, raise productivity, create more jobs, raise wages, and lower prices of products in the world economy.
Privatization of the state-owned economy is not yet on the agenda. We cannot do it immediately; my colleagues would not agree to it. But we must put all forms of ownership on an equal footing immediately and let different types of ownership compete with the state firms.
There is no doubt that the world economy is in trouble. But if governments or individuals use this as an excuse to reduce assistance to the world’s poorest people, they will only multiply the seriousness of the problem for the world as a whole.
A national government using New Deal programs and the massive defense spending beginning with World War II and continuing through the Cold War was Johnson‘s vehicle for expanding the Southern economy and making it, as he hoped, one of the more prosperous regions of the country.
Firms produce goods for households – that’s us – and provide us with incomes, and that’s even better, because we can spend those incomes on more goods and services. That’s called the circular flow of the economy.
No other investment yields as great a return as the investment in education. An educated workforce is the foundation of every community and the future of every economy.
I think in part the reason is that seeing an economy that is, in many ways, quite different from the one grows up in, helps crystallize issues: in one’s own environment, one takes too much for granted, without asking why things are the way they are.
If you take your kid in for the sniffles, you pay $20, but the full cost is $200. And so we need to get back to the price system where you see the full cost of health care, and then people will make smarter decisions. That will reduce health care costs, and it’s a huge part of our economy.
I support secure borders both north and south and I support a guest worker program for those here today illegally. Labor and skilled workers are critical to our Texas economy.
Indeed, the economy and the environment need not be seen in opposition.
If we expect our children to thrive at our colleges and universities, and succeed in our economy once they graduate – first we must make quality, affordable early childhood education accessible to all.
My vision is that our country should be integrated in the EU, to transfer a part of our independence there. It is also our duty to do it, if we want to establish trade and a sound economy. This is the vision that I am working on and I will continue to work in the future.
In the budget, the president will call for a five-yearfreeze on discretionary spending other than for national security. This will reduce the deficit by more than $400 billion over the next decade and bring this category of spending to the lowest share of our economy since DwightEisenhower was president.
With all the negativity going on in the world right now, people need an escape. When you give them a hit record or a great record, it allows them to escape for at least three to four minutes. They’re not thinking bills or economy or immigration or war when you create that kind of ambiance.
If we had a populist president who didn’t alienate so many persuadable voters, who took full advantage of a strong economy, and who had the political cunning displayed by Modi or Benjamin Netanyahu or Viktor Orban, the liberal belief in a hidden left-of-center mandate might be exposed as a fonddelusion.
By decarbonizing the global economy and limiting climate change, world leaders can unleash a wave of innovation, support the emergence of new industries and jobs, and generate vast economic opportunities.
In a financial crisis, only the Fed, as the lender of last resort, might stand between our economy and financial catastrophe. We must leave the Fed with the flexibility to provide liquidity in order to stop a financial panic.
Should we attempt border security first, which I believe we should, we still need to face the fact that comprehensive reform is necessary. This must include a guest worker program and dealing with the 11 million people who are here today that are contributing to our economy.
Let there be great enthusiasm for the plan throughout the entire republic that will overcome all obstacles. Let us join together to realize the Five Year Plan and bring our economy and our own living standards to previously unknown heights.
The first principle of the market economy is that it is comprised of many small buyers and sellers, which implies a substantial degree of equity. Another fundamental market principle is that costs are internalized in the producer’s price.
But we can turn challenges into opportunities if we look outwards to the realities of the global economy and modernise our internal institutions in ways that will equip Europe to meet that challenge and create confidence amongst the public.
I am a social democrat – I believe in pursuing greater equality and tackling social justice – but… you can’t do that unless you have got a strong economy, unless you have got a vibrant business base earning the wealth that makes that possible.