Popular quotes about Economy! Wisdom and inspiration are here! | page 19
So, what people are actually left with to spend is maybe 25 to 30% of their income on goods and services, after paying taxes and after paying the FIRE sector (Finance, Insurance, Real Estate). Whether it's housing insurance or mortgage insurance. So there's an idea of distracting people. Don't think of your condition. Think of how the overall economy is doing. But don't think of the economy as an overall unit. Think of the stock market as the economy. Think of the rich people as the economy. Look at the yachts that are made. Somebody's living a lot better. Couldn't it be you?
Michael HudsonIf you have a sane economy, and by sane economy I mean one which is not addicted to debt, not a Ponzi economy, then the change in debt each year should contribute a minor amount to demand. Therefore, if you tried to correlate debt to the level of unemployment you would not find much of a correlation. Unfortunately that is not the economy we live in.
Steve KeenThe nation as such is not a large subject that has needs, that works, practices economy, and consumes. . . . Thus the phenomena of โnational economyโ . . . are, rather, the results of all the innumerable individual economic efforts in the nation and . . . must also be theoretically interpreted in this light. . . .Whoever wants to understand theoretically the phenomena of โnational economyโ . . . must for this reason attempt to go back to their true elements, to the singular economies in the nation, and to investigate the laws by which the former are built up from the latter.
Ralph RaicoI think the reason that the Trump economic agenda is beneficial is, he is doing the right things. He wants to see growth, he wants to see to lower taxes, he wants to see this cash pile sitting outside the US return to the US. All of these things I think will be good for the US economy, and as I've said, if the US economy grows, the global economy benefits hugely.
Martin GilbertWe no longer see the world as a single entity. We've moved to cities and we think the economy is what gives us our life, that if the economy is strong we can afford garbage collection and sewage disposal and fresh food and water and electricity. We go through life thinking that money is the key to having whatever we want, without regard to what it does to the rest of the world.
David SuzukiAs a matter of fact, Latin America's economy is almost as big as the economy of China. We're all focused on China. Latin America is a huge opportunity for America - time zone, language opportunities.
Mitt RomneyWe're the richest economy in the history of the world. For the majority of Americans not to get the benefits of this extraordinarily prosperous economy, there's something fundamentally wrong.
Robert ReichEntrepreneurship rests on a theory of economy and society. The theory sees change as normal and indeed as healthy. And it sees the major task in society โ and especially in the economy โ as doing something different rather than doing better what is already being done. This is basically what Say, two hundred years ago, meant when he coined the term entrepreneur.
Peter DruckerI voted against the climate-change legislation. Not that I don't believe we should move to a clean-energy economy, and it can be good for South Dakota's economy to do so, but it was started out as a very partisan bill in the committee.
Stephanie Herseth SandlinThe Russian economy is about the size of the Italian economy; it's very small, and Russia's military force is larger than it was, because Putin's been investing in it, but it still doesn't compare to that of the United States, and his reach and aim still don't compare.
Anne ApplebaumI am for economy. After that I am for more economy. At this time and under present conditions that is my conception of serving all the people.
Calvin CoolidgeDespite its increased dependence on the international economy, America continues to behave as if it were either a closed economy or the leader whom everyone else should automatically follow.
Robert GilpinEngineers do engineering, i.e. they build bridges. So engineering needs engineers. The economy does NOT need economists. Economists do not make economy, but they try it and that is why we have so much problems with some financial models.
Steve KeenPresident Obama, I voted for him. I think he's a mature politician, but here's what happened. Obama wanted a green economy. He spent billions of dollars of tax money to create a green economy and it didn't happen. The question is why.
Jeremy RifkinThe two ideas, justice and vocation, are inseparable.... It is by way of the principle and practice of vocation that sanctity and reverence enter into the human economy. It was thus possible for traditional cultures to conceive that "to work is to pray." (pg. 258, The Idea of a Local Economy)
Wendell BerryAnd still the time, especially in the economy, is very tough, very difficult. It's necessary to be active still, to work, to fight, to make our economy more competitive.
Aleksander KwasniewskiThere are over 2 million cars standing in front of red lights with their engines going. Then we have over 2 million times approximately 100 horsepower being generated as they are idling there, so that we have something like 200 million horses jumping up and down and going nowhere. Now, we have to count that in our economy when we begin to get down to what is the efficiency of the economy.
R. Buckminster FullerAmerica is stronger than Russia. Our economy is 16 times larger than the Russian economy.
Mike PenceMere parsimony is not economy. Expense, and great expense, may be an essential part in true economy.
Edmund BurkeYou can't have 23 million people struggling to get a job. You can't have an economy that over the last three years keeps slowing down its growth rate. You can't have kids coming out of college, half of them can't find a job today, or a job that's commensurate with their college degree. We have to get our economy going.
Mitt RomneyThe nation that leads the clean energy economy will be the nation that leads the global economy.
Barack ObamaThe public sector can only feed off the private sector; it necessarily lives parasitically upon the private economy. But this means that the productive resources of society - far from satisfying the wants of consumers - are now directed, by compulsion, away from these wants and needs. The consumers are deliberately thwarted, and the resources of the economy diverted from them to those activities desire by the parasitic bureaucracy and politicians.
Murray RothbardToday China is a first world economy, in terms of development. The U.S. may still be in first in GDP but it is a broken economy in reality.
Alejandro Castro EspinWe have created new idols. The worship of the ancient golden calf (cf. Ex 32:1-35) has returned in a new and ruthless guise in the idolatry of money and the dictatorship of an impersonal economy lacking a truly human purpose. The worldwide crisis affecting finance and the economy lays bare their imbalances and, above all, their lack of real concern for human beings; man is reduced to one of his needs alone: consumption.
Pope FrancisEmbracing a low carbon economy will be as momentous as the previous industrial revolutions. As the shift from coal to oil did. And the shift from gas light to electric light. It has the potential to give us the competitive edge in the new global economy. The scale of the challenge is extraordinary. We will need to reinvent in the way we live our lives, the way our world works
Charles HendryWe can't afford to waste people. We can't afford to have people think the game is over before it's begun. We've got to be saying to the Canadian people: you can't tax cut your way to a productive 21st-century economy. You can talk that talk, but it's not going to give you a productive 21st-century economy, because it will scythe apart the public goods that make prosperity possible. That's what we've got to say, and so we shall.
Michael IgnatieffI spent my whole life in the private sector, 25 years in the private sector. I understand that when government takes more money out of the hands of people, it makes it more difficult for them to buy things. If they can't buy things, the economy doesn't grow. If the economy doesn't grow, we don't put Americans to work.
Mitt RomneyYou know, I think my biggest concern [if Mitt is elected], obviously, would just be for his mental well-being. I have all the confidence in the world in his ability, in his decisiveness and his leadership skills, in his understanding of the economy, in his understanding of what's missing right now in the economy - you know, pieces that are missing to get this jump-started. So for me I think it would just be the emotional part of it.
Ann RomneyLet us learn the meaning of economy. Economy is a high human office,--a sacrament when its aim is grand, when it is the prudence of simple tastes, when it is practised for freedom or for love or devotion.
Ralph Waldo EmersonWe have to make sure America writes the rules of the global economy, and we should do it today while our economy is in the position of global strength, because if we don't write the rules for trade around the world, guess what: China will.
Barack ObamaThe only people benefiting in Iraq war are George Bush's Jr. friends in the oil industry. He has done the American economy and the global economy an enormous disfavor, but his Texan friends couldn't be happier.
Joseph StiglitzPeople are are moving away from the fossil fuel-based economy, to a more renewable economy. That is what is called the 'transition town' movement. There are three hundred towns in Britain that are making this transition. Taking energy from solar power, from wind power, from water power.
Satish KumarLet me say again that the relationship is asymmetrical: there's no democracy without a market economy, but you can have a market economy without democracy.
Peter L. BergerGovernment 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.
Mitt RomneyThe economic freedom that made the U.S. economy the leader of the world has given way toa rigged, controlled, and regulated economy.
Bill BonnerIn 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.
John J. SweeneyI think we ought to all take a step back and remember where we were 24, 48 hours ago, a week ago, two weeks ago - the prospect that was hanging out there that America would not honor its obligations for the first time in its history, and the impact that would have on our economy and the global economy.
Jay CarneyGlobal warming threatens our health, our economy, our natural resources, and our children's future. It is clear we must act.
Eliot SpitzerI am committed to strengthening our agricultural economy by protecting the unique interests of small and medium size family farms so that they can continue to operate.
Sue KellyMost men, after a little freedom, have preferred authority with the consoling assurances and the economy of effort it brings.
Walter LippmannOur GDP growth rates are creating - our high GDP growth rates, the success of our economy means we're creating lots of disposable income.
John W. SnowDon't let anything like trees in the Clearwater National Forest get in the way of providing jobs and fueling the economy, even if that means cutting down every last tree in the state.
Helen Chenoweth-HageI talk about going to his [George W. Bush's] Inauguration and crying when he took the oath, 'cause I was so afraid he was going to "wreck the economy and muck up the drinking water"... the failure of my pessimistic imagination at that moment boggles my mind now.
Sarah VowellI 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.
Tim Johnson