Popular quotes about Economy! Wisdom and inspiration are here! | page 64
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 HudsonWe do need a 'new economy,' but one that is founded on thrift and care, on saving and conserving, not on excess and waste. An economy based on waste is inherently and hopelessly violent, and war is its inevitable by-product. We need a peaceable economy.
Wendell BerryThis new economy that's just emerged has a new central economic actor. It's not the worker, the person who produces, nor the person who consumes, the purchaser. It's a new actor that does both things at the same time, call them a creator. They both create and consume in the same single act, and we're just beginning to see the shape of this new economy and it changes not just the economy itself, it's going to change the whole nature of the work relationship.
Paul SaffoThe chief moral obligation of the 21st Century is to build a green economy that is strong enough to lift people out of poverty. Those communities that were locked out of the last century's pollution-based economy must be locked into the new, clean and renewable economy. Our youth need green-collar jobs, not jails.
Van JonesWell obviously the economy is critical to everything we do and we need to get the economy back in shape, the deficit down, the debt paid off, so that the economy can grow again and grow properly.
Iain Duncan SmithA proper community, we should remember also, is a commonwealth: a place, a resource, an economy. It answers the needs, practical as well as social and spiritual, of its members - among them the need to need one another. The answer to the present alignment of political power with wealth is the restoration of the identity of community and economy. (pg. 63, "Racism and the Economy")
Wendell BerryIf we attempt to preserve the consumer economy indefinitely, ecological forces will dismantle it savagely. If we proceed to dismantle it gradually ourselves, we will have the opportunity of replacing it with a low consumption economy that can endure.
Alan Thein DurningNow we're in a very different economy. Throughout the late 1980s and 1990s American management started to do the right things. There was extraordinary investment in technology. The dominant questions now are less how to do it better, how to manage better, how to make the economy better, than how to have fuller and more meaningful lives. Because the irony is, now that we've come through this great transition, even though our organizations and our people are extraordinarily productive, many feel that the nonwork side of life is very thin.
Robert ReichWe 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 SuzukiYou and I and almost all Americans are beneficiaries of the new economy. But we are also losing parts of our lives to the new economy - aspects of our family lives, our friendships, our communities, ourselves.
Robert ReichI 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 SandlinI've never been able to get it straight about what these people who are worried about the trade deficit are worried about. When they say that we're buying too much from overseas, that we're sending too many dollars overseas to get all these goods and services they got, they're saying that the American dollar is too strong and that is hurting our economy. And the result of this will be that the American dollar will get too weak, and that will hurt our economy.
P. J. O'RourkeIt is fairer to tax people on what they extract from the economy, as roughly measured by their consumption, than to tax them on what they produce for the economy, as roughly measured by their income.
Thomas HobbesThe government doesn't run the economy. The economy is run by the private sector. The job of the president is to ensure we [the state] have policies that allow the private sector to grow and prosper.
Marco RubioAmerica is stronger than Russia. Our economy is 16 times larger than the Russian economy.
Mike PenceI know that there are those who disagree with the overwhelming scientific evidence on climate change. But here's the thing -- even if you doubt the evidence, providing incentives for energy-efficien cy and clean energy are the right thing to do for our future -- because the nation that leads the clean energy economy will be the nation that leads the global economy. And America must be that nation.
Barack ObamaWomen are the engine driving the growth in California's economy. Women make California's economy unique.
Arnold SchwarzeneggerThe experience of previous years leads to one conclusion: there is one morality in politics and another for economy. In the years since 1989, the morality of the economy has fully prevailed over the ethics of politics and democracy.
Alexis TsiprasThe bottom line for housing is that the concerns we used to hear about the possibility of a devastating collapseโone that might be big enough to cause a recession in the U.S. economyโwhile not fully allayed have diminished. Moreover, while the future for housing activity remains uncertain, I think there is a reasonable chance that housing is in the process of stabilizing, which would mean that it would put a considerably smaller drag on the economy going forward.
Janet YellenGrowth is the mantra of our society because the economy can't remain healthy without growth.Impregnable monopolies aside (and these are few), profits are both the hallmark of capitalism and its Achilles heel, for no business can permanently maintain its prices much above its costs. There is only one way in which profits can be perpetuated; a business-or an entire economy-must grow.
Robert HeilbronerWhen 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 ClausThe old economy was about people acquiring a single skill for life; the new economy is about life-long learning.
John DoerrI wouldn't necessarily assume that because Capricornia has traditionally been a Labor seat, that it'll go back to the Labor Party this time because the big issue in Capricornia which is based on the city of Rockhampton is the fact that the economy is - the regional economy is in a poor shape as a result, in particular of the decline of the mining industry and they are looking to the Carmichael mine, the Adani project as containing all of the prospects that they see for their future and that is why people in Rockhampton are very, very fearful of a Labor-Greens government.
George BrandisToday, local economies are being destroyed by the 'pluralistic,' displaced, global economy, which has no respect for what works in a locality. The global economy is built on the principle that one place can be exploited, even destroyed, for the sake of another place.
Wendell BerryWe're foolish if we think we're going to end mass incarceration unless we are willing to deal with the reality that huge percentages of poor people are going to remain jobless, locked out of the mainstream economy, unless and until they have a quality education that prepares them well for the new economy. There has got to be much more collaboration between the two movements and a greater appreciation for the work of the advocates in each community. It's got to be a movement that's about education, not incarceration - about jobs, not jails.
Michelle AlexanderAn economy genuinely local and neighborly offers to localities a measure of security that they cannot derive from a national or a global economy controlled by people who, by principle, have no local commitment.
Wendell BerryWhat is called 'capitalism'is basically a system of corporate mercantilism, with huge and largely unaccountable private tyrannies exercising vast control over the economy, political systems, and social and cultural life, operating in close cooperation with powerful states that intervene massively in the domestic economy and international society.
Noam ChomskyTo me, it really seems visible today that ethics is not something exterior to the economy, which, as technical matter, could function on its own; rather, ethics is an interior principle of the economy itself, which cannot function if it does not take account of the human values of solidarity and reciprocal responsibility.
Pope Benedict XVIThe Democratic Party's problem is that voters don't believe the president's claims that the economy is thriving. Even people with jobs feel apprehensive. Paychecks are flat, growth anemic, and people are worried about their children's prospects. Mr. Obama had a 38% approval on handling the economy in the Sept. 9 Fox News poll. In the Sept. 7 NBC News/Wall Street Journal poll, 67% believe America is on the wrong track.
Karl RoveProgress starts with envisioning a new (yet old) lifestyle with the home as central to all aspects of life-work and leisure, food and energy. So, real progress means bringing the economy, beginning with the food economy, home again.
Jules DervaesThere'll be a growing disparity between economics and politics. An economy that grows so rapidly is intractably global. On the other hand, the current political system is intractably national. So there is a growing dichotomy between a global economy and locally based politics.
Walter WristonAs far as the U.S. economy is concerned, I always believe that the U.S. economy is solidly based, not only in a material sense, but more importantly, the United States has the strength of scientific and technological talent, and managerial expertise.
Wen JiabaoThe economy of the future might be called the "spaceman economy," in which the earth has become a single spaceship, without unlimited reservoirs of anything.
Kenneth E. BouldingWhat is urgently needed is a bold new move from a consumer economy to a conserver economy in all of the developed countries, and particularly in the United States.
Richard J. FosterWhat do the 5%, or the 1% actually use their money for? They lend it back to the economy at large, they load it down with debt. They make their money by lending to the bottom 95%, or the bottom 99%. When you give them more after-tax income, it enables them to buy even more control of government, even more control of election campaigns. They're not going to spend this money back into the goods-and-services economy.
Michael HudsonIf people that made products didn't market them and sell them we'd have no economy and nobody would be working.
Paula ScherIn California, of all places, entertainment is the key to a vibrant economy. If we do not develop young adults capable of entering that world, the financial base of this state is sure to suffer and impact all of us.
David CassidyThe truth is that capitalism has not only multiplied population figures, but at the same time, improved the people's standard of living in an unprecedented way. Neither economic thinking nor historical experience suggests that any other social system could be as beneficial to the masses as capitalism. The results speak for themselves. The market economy needs no apologists and propagandists. It can apply to itself the words of Sir Christopher Wren's epitaph in St. Paul's: Si monumentum requires, circumspice.
Ludwig von MisesThe reality is that our economy now consists of driving 250 million vehicles around the suburbs and malls and eating fried chicken. We don't manufacture much. We just burn up ever scarcer petroleum in the ever-expanding suburbs built with mortgage money lent to people who haven't a clue.
Joe BageantOne of the great sadnesses of modern life, because of our disenfranchisement and disillusionment with religion, is that we don't have access to these ideas. Yoga and meditation, for me, is a way of, in this secular world, accessing very very beautiful principles that would perhaps make us happier, at a time when people feel disillusioned with the economy, concerned about the ecology, worried with politicians, and don't trust what they're being told on television.
Russell BrandI want to reform the tax code so that it's simple, fair, and asks the wealthiest households to pay higher taxes on incomes over $250,000 - the same rate we had when Bill Clinton was president; the same rate we had when our economy created nearly 23 million new jobs, the biggest surplus in history, and a lot of millionaires to boot.
Barack ObamaOur economy is on the move and we are creating thousands of new jobs, but we need to keep our foot on the gas pedal.
Mitt RomneyParticularly when the war power is invoked to do things to the liberties of people, or to their property or economy that only indirectly affect conduct of the war and do not relate to the engagement of the war itself, the constitutional basis should be scrutinized with care. ... I would not be willing to hold that war powers may be indefinitely prolonged merely by keeping legally alive a state of war that had in fact ended. I cannot accept the argument that war powers last as long as the effects and consequences of war for if so they are permanent -- as permanent as the war debts.
Robert H. Jackson