Popular quotes about Economy! Wisdom and inspiration are here! | page 57
When I was in government, the South African economy was growing at 4.5% - 5%. But then came the global financial crisis of 2008/2009, and so the global economy shrunk. That hit South Africa very hard, because then the export markets shrunk, and that includes China, which has become one of the main trade partners with South Africa. Also, the slowdown in the Chinese economy affected South Africa. The result was that during that whole period, South Africa lost something like a million jobs because of external factors.
Thabo MbekiSociety must cease to look upon 'progress' as something desirable. 'Eternal Progress' is a nonsensical myth. What must be implemented is not a 'steadily expanding economy', but a zero growth economy, a stable economy. Economic growth is not only unnecessary but ruinous.
Aleksandr SolzhenitsynI tend to go with things people need. Obviously with the barbershop, people will need haircuts regardless of the economy. In a down economy, I choose businesses that don't require a lot of start-up cash or a cash injection on a regular basis. They might need some initially, but not often after. Rental of properties is a good business in a down economy as people struggle with mortgages.
Kamerion WimbleyWe're in a tightening cycle and the reason is the economy is growing, there's no expectation that the global economy and the Polish economy as a consequence could slow down dramatically.
Marek BelkaWe're living in a world that's divided into two economies: the economy of the 1%, and the economy of the bottom 99%. I guess you could be more "centrist" and say the top 10% versus the bottom 90%. But there's definitely a stratification at work here.
Michael HudsonPresident 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 RifkinThere 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 PenceThe first thing I didn't understand was my life. It's a mystery. And today I don't understand economy or politics. I don't know why politics or economy are destroying the world, but I will understand after understanding.
Alejandro JodorowskyWomen are the engine driving the growth in California's economy. Women make California's economy unique.
Arnold SchwarzeneggerDebts grow and grow. And the more they grow, the more they shrink the economy. When you shrink the economy, you shrink the ability to pay the debts, so it's all an illusion that the system can be saved. The question is, how long are people going to be willing to live in this illusion?
Michael HudsonIf we don't get this economy going, the numbers that represent this stimulus package are going to be small compared to the loss of revenue to the federal government for our economy.
Judd GreggWhen I say the economy is shrinking, it's the economy of the 99%, the people who have to work for a living and depend on earning money for what they can spend. The 1% makes its money basically by lending out their money to the 99%, on charging interest and speculating. So the stock market's doubled, the bond market's gone way up, and the 1% are earning more money than ever before, but the 99% are not. They're having to pay the 1%.
Michael HudsonI was not part of the golden age of the record industry, when musicians and producers were making real money. So I have no nostalgia about that time and I enjoy trying to build a new economy, a more humble one. And since I expect to sell only niche music, I feel quite solid, in this little economy. I know we will not become rich with this, but this is not the goal.
Gaspar ClausWhat we collectively decide about how to bail out our economy, how to pull our economy out of a ditch and what rules we put in place to make sure this problem does not happen again, will shape our country for the next 50 years. This is it.
Elizabeth WarrenWe may be in a rapidly evolving international financial system with all the bells and whistles of the so-called new economy. But the old-economy rules of prudence are as formidable as ever. We violate them at our own peril.
Alan GreenspanYou know, out-of-touch liberals like Barack Obama say they want a strong economy, but in everything they do, they show they don't like business very much. But the economy, of course, is simply the product of all the businesses of the nation added together. So it's a bit like saying you like an omelet, but you don't like eggs.
Mitt RomneyWe have won on the Arlov, Kursk, Belgorod, and Kharkov grounds. We won because the country was being defended not only by the army but by the entire Soviet people. The Socialist economy, Soviet political structure, and Marxist-Leninist ideology proved their unarguable excellence against the Fascist economy, Fascist political structure, and Fascist ideology of Germany.
Ivan BagramyanI support freedom and I support a free market economy, but it should be a socially oriented market economy. I support globalization, but it should be globalization with a human face.
Mikhail GorbachevThere's no easy way to say this, so I'ยยll just say it: We're no longer No. 1. Today, we're No. 2. Yes, it's official. The Chinese economy just overtook the United States economy to become the largest in the world. For the first time since Ulysses S. Grant was president, America is not the leading economic power on the planet.
Stephen F. HayesI agree with Dreher when he writes, 'we can't build anything good unless we live by the belief that man does not exist to serve the economy, but the economy exists to serve man...A society built on consumerism must break down eventually for the same reason socialism did'
Paul WeyrichWe need to abandon the economist's notion of the economy as a machine, with its attendant concept of equilibrium. A more helpful way of thinking about the economy is to imagine it as a living organism.
Paul OrmerodGlobalization can be very unjust and unfair and unequal, but these are matters under our control. Itยs not that we donยt need the market economy. We need it. But the market economy should not have priority or dominance over other institutions.
Amartya SenHenry Ford was right. A prosperous economy requires that workers be able to buy the products that they produce. This is as true in a global economy as a national one.
John J. SweeneyDespite the large number of mergers, and the growth in the absolute size of many corporations, the dominant tendency in the American economy at the beginning of [the 20th] century was toward growing competition. Competition was unacceptable...it was not the existence of monopoly that caused the federal government to intervene in the economy, but the lack of it.
Gabriel KolkoWe 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 ample scope and I am confident that India's entrepreneurs have the capacity, and the will to rise to the occasion.
Manmohan SinghLet 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. BergerAnything that drags down the American economy drags the Canadian economy down with it.
John IbbitsonGlobal warming threatens our health, our economy, our natural resources, and our children's future. It is clear we must act.
Eliot SpitzerI am excited about focusing full-time on talking about my job-creation agenda and building a new economy for Washington state. We have a great chance to seize our own destiny, build our own industries, and create our own technological revolutions right here at home.
Jay InsleeWe could do some household and neighborhood or town wind energy. But even this will run up eventually against the problem of needing an underlying fossil fuel economy to fabricate the hardware. Same with photovoltaic (solar) energy. We're going to be disappointed by what these things can do for us.
James Howard KunstlerRepublicans in Congress boosted the economy by cutting taxes and ending programs that don't work.
Zach WampIn a perfect world we would bring corporate tax rates down to 25% or less so we can get competitive in the world economy. Ultimately, I would love to see a flat tax.
Eric CantorMost screenplays, most motion pictures, owe much more to the screenplay. Ingmar Bergman has such an economy of language, so little language in his piece, it is so visual, his moods are introduced and buttressed by camera rather than by word or character. But again, that's unique.
Rod SerlingThere is no kind of freedom and liberty other than the kind which the market economy brings about.
Ludwig von MisesI 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 JohnsonIn my view, the future of politics is, without a doubt, social liberalism married to economic conservatism. Which means we have to make an economic argument to social liberals, that it's OK to vote for us. But we won't run the economy into the ground at the same time.
Louise MenschMan is a great blunderer going about in the woods, and there is no other except the bear makes so much noise. ... The cunningest hunger is hunted in turn, and what he leaves of his kill is meat for some other. That is the economy of nature, but with it all there is not sufficient account taken of the works of man. There is no scavenger that eats tin cans, and no wild thing leaves a like disfigurement on the forest floor.
Mary Hunter AustinPeace is nothing more than the regulation of the psycho-political economy of awe and reverential fear, of using the threat of terror in order to bind citizens to the circuit of their subjection.
Simon CritchleyThere is no part of the administration of government that requires extensive information and a thorough knowledge of the principles of political economy, so much as the business of taxation. The man who understands those principles best will be least likely to resort to oppressive expedients, or sacrifice any particular class of citizens to the procurement of revenue. It might be demonstrated that the most productive system of finance will always be the least burdensome.
Alexander HamiltonWe need more expensive gasoline to change consumer behavior," Mr. Jackson said. Otherwise, Americans will continue to favor big vehicles, not matter what kind of fuel-economy standards the government imposes on auto makers. Four dollars a gallon, he added, "is a good start.
Michael J. JacksonI favor the policy of economy, not because I wish to save money, but because I wish to save people.
Calvin CoolidgeBeside the two wars he inherited in Iraq and Afghanistan, and promised to end, a financial crisis at home had pushed the United States to the brink of another Great Depression. When we spoke with the new president in March of 2009, the economy was losing 800,000 jobs a month, the government was throwing hundreds of billions of dollars at failing banks, and the auto industry was on the verge of collapse. Politically pummeled from all sides, Obama did his best to keep a sense of humor.
Barack ObamaIn the company of friends, writers can discuss their books, economists the state of the economy, lawyers their latest cases, and businessmen their latest acquisitions, but mathematicians cannot discuss their mathematics at all. And the more profound their work, the less understandable it is.
Alfred AdlerTo shift America (and the world) to a cleaner energy economy, millions of people will have to go to work in new industries. This necessary shift opens up tremendous new opportunities for work and wealth creation.
Van JonesIn our society, real power does not happen to lie in the political system, it lies in the private economy: thatโs where the decisions are made about whatโs produced, how much is produced, whatโs consumed, where investment takes place, who has jobs, who controls the resources, and so on and so forth. And as long as that remains the case, changes inside the political system can make some difference-I donโt want to say itโs zero-but the differences are going to be very slight.
Noam Chomsky