Quotes About Economy

We can't have extraordinary dynamism, innovation, and change in the economy and expect to have predictability and stability in our personal lives. It's not as if there are these big, giant institutions existing between us and the economy. In fact, these institutions have become tissue-thin. There is no mediation anymore. We are the economy; the economy is us.

If 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.

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.

Economy is the basis of society. When the economy is stable, society develops. The ideal economy combines the spiritual and the material, and the best commodities to trade in are sincerity and love.

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 aliens crossing the border is because of his border policies, not the same lousy economy.

Trump's vision for America parallels greatly with the vision that Ronald Reagan used and he implemented to revive the country during a very similar time where we had a president who told us that we were in a time of malaise in the American economy and that things are just gonna be that way for a while. Reagan steps up in that great first inaugural address and says, "And why shouldn't we dream great dreams? After all, we're Americans." And the American people came roaring back, the American economy came back.

The white man is too intelligent to let someone else come and gain control of the economy of his community. But you will let anyone come in and take control of the economy of your community, control the housing, control the education, control the jobs, control the businesses, under the pre-text that you want to integrate. No, you outta your mind.

To change our national economic story from one of financial speculation to one of future growth, we need a third industrial revolution: a green revolution. It will transform our economy as surely as the shift from iron to steel, from steam to oil. It will lead us toward a low-carbon future, with cleaner energy and greener growth. With an economy that is built to last - on more sustainable, more stable foundations

Despite 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.

If you surrender everything to the government and give it total power to plan the whole economy, this will not guarantee your economic security, but it will guarantee the descent of the entire nation to a level of miserable poverty--as the practical results of every totalitarian economy, communist or fascist, have demonstrated.

Our parents and grandparents understood this truth deeply. They believed - as we do - that to create jobs, a modern economy requires modern investments: educating, innovating and rebuilding for our children's future. Building an economy to last, from the middle class up, not from the billionaires down.

Even the poor student studies and is taught only political economy, while that economy of living which is synonymous with philosophy is not even sincerely professed in our colleges. The consequence is, that while he is reading Adam Smith, Ricardo, and Say, he runs his father in debt irretrievably.

Nevertheless, it is necessary to remember that a planned economy is not yet socialism. A planned economy as such may be accompanied by the complete enslavement of the individual. The achievement of socialism requires the solution of some extremely difficult socio-political problems: how is it possible, in view of the far-reaching centralisation of political and economic power, to prevent bureaucracy from becoming all-powerful and overweening? How can the rights of the individual be protected and therewith a democratic counterweight to the power of bureaucracy be assured?

Trickle-down economics - it didn't work. The whole idea was supply-side economics: give rich people a lot of money; they'll spend it, it'll go into the economy. Here's what we found out - rich people, really good at keeping all the money. That's how they got rich. If you want it in the economy, give it to the poor people. You know what they're really good at? Spending all their money.

I think people are really looking for some way whereby we can grow our souls rather than our economy. I think that at some level, people recognize that growing our economy is destroying us. It's destroying us as human beings, it's destroying our planet. I think there's a great human desire for solutions, for profound solutions - and that nothing simple will do it. It really requires some very great searching of our souls.

There's one other element I just want to be sure to mention here: that is that there are 43 million young people who are locked into predatory student loan debt for whom there is no way out in the foreseeable future given the economy that we have: this predatory Wall Street driven financialized low-wage service industry economy.

Although low inflation is generally good, inflation that is too low can pose risks to the economy - especially when the economy is struggling.

All the evils, abuses, and iniquities, popularly ascribed to businessmen and to capitalism, were not caused by an unregulated economy or by a free market, but by government intervention into the economy.

A weak currency is the sign of a weak economy, and a weak economy leads to a weak nation.

Political Economy, in truth, has never pretended to give advice to mankind with no lights but its own; though people who knew nothing but political economy (and therefore knew it ill) have taken upon themselves to advise, and could only do so by such lights as they had.

As people's access to the internet grows we're seeing the sharing economy boom - I think our obsession with ownership is at a tipping point and the sharing economy is part of the antidote for that.

When the economy was going up, [Milton Friedman and I] both gave the same advice, and when the economy was going down, we gave the same advice. But in between he didn't change his advice at all.

We 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.

In general, presidents and congressmen have very limited power to do good for the economy and awesome power to do bad. The best good thing that politicians can do for the economy is to stop doing bad. In part, this can be achieved through reducing taxes and economic regulation, and staying out of our lives.

We 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.

Progress 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.

In my book Radical Reform I made it clear that we cannot talk about the environment or ecology if we don't also deal with the economy. There is a direct link between how we deal with the economy and how we deal with nature.

Connecting people to jobs and to each other is absolutely vital to a city's economy (and to the wider economy).

There'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.

There is a central difference between the old and new economies: the old industrial economy was driven by economies of scale; the new information economy is driven by the economics of networks.

I have three treasures which I hold and keep. The first is mercy; the second is economy. The third is daring not to be ahead of others. From mercy comes courage; from economy comes generosity; From humility comes leadership.

The notion that big business and big labor and big government can sit down around a table somewhere and work out the direction of the American economy is at complete variance with the reality of where the American economy is headed. I mean, it's like dinosaurs gathering to talk about the evolution of a new generation of mammals.

The Stock Exchange is something very different. There is no economy and no production of goods and services. There are only fantasies in which people from one hour to the next decide that this or that company is worth so many billions, more or less. It doesn't have a thing to do with reality or with the Swedish economy.

There are many ways to create economic suicide on a national level. The major way through history has been through indebting the economy. Debt always expands to reach a point where it cannot be paid by a large swathe of the economy. This is the point where austerity is imposed and ownership of wealth polarizes between the One Percent and the 99 Percent.

We can tell the general public that the gold and foreign currency reserves of the Central Bank are not designed to finance the economy, but rather to ensure foreign trade turnover. Therefore, we need this level to be able to provide the necessary foreign trade turnover for such an economy as Russia's for a period of at least three months.

Whether you're a populist; whether you're a limited government conservative; whether you're libertarian; whether you're an economic nationalist - we have wide and sometimes divergent opinions. The center core of what we believe, that America is a nation with an economy, not an economy just in some global marketplace with open borders, but we are a nation with a culture and a reason for being.

Having seen a non-market economy, I suddenly understood much better what I liked about a market economy.

Anything that drags down the American economy drags the Canadian economy down with it.

It says something about this new global economy that USA Today now reports every morning on the day's events in Asian markets.

Our economy isn't going to recover until the housing market finds its footing.

The main piece of technology in the green economy is a caulk gun.

A core part of the global market is what might be called the 'Nike Economy' - footloose companies that play countries against one another while seeking subcontractors with the lowest wages and cheapest conditions.

Our economy is on the move and we are creating thousands of new jobs, but we need to keep our foot on the gas pedal.

If you like small government you need to work hard at having a strong national defense that is not so militant. Personal liberty is the purpose of government, to protect liberty - not to run your personal life, not to run the economy, and not to pretend that we can tell the world how they ought to live.

Knowledge has become the key resource of the world economy.

May I always have a heart superior, with economy suitable, to my fortune.

I 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.

The welfare state has bred a generation of obnoxious, drug-addled criminals and ne'er-do-wells. It has also, incidentally, burdened what was once the world's biggest, most dynamic economy with the dead weight of an obstructive and vastly expensive state machine.