Quotessence
Home / Quotes / Quote by Greg Ip

Quote by Greg Ip

“Tariffs are in the end taxes. And somebody has to pay that tax. I think one thing people are forgetting is that trade disputes are two-sided. When the United States imposes tariffs on a partner like Canada, there is always a possibility that Canada will say that's not fair and retaliate. And at that point, you have to ask the question, - which U.S. industry will suffer because the Canadians retaliated against it?”

Quote by Greg Ip

Author

Greg Ip
Greg Ip

Greg Ip is a renowned economist and journalist known for his in-depth analysis and commentary on economic policy. He has held prominent positions in several major media organizations, including The Wall Street Journal and The Economist. Ip's contributions to the field of economics cover a wide range of topics, including macroeconomics, monetary policy, and trade policy. more

You May Also Like

“I never dreamed about being on a hit television series. I've never really related my dreams to that specific of a work goal. I was always enjoying the moment. Acting, writing, looking for roles and getting involved with people and trying to create something that would be entertaining to people. With "E.R." we were all very lucky to get this combination of people together in the right story in the right way to take it to the level it has reached.”

“We know that a government shutdown is gonna blamed on the Republicans no matter who, what, when, where, why. You want to give the media ammo going into 2018, how the Republicans hate government, the Republicans hate you, the Republicans want you dead, the Republicans want your kids dead, the Republicans want you breathing dirty air, poisoned water, and all this stuff, a shutdown in September, it would actually be in October, because that's - I don't mean to pick hairs here, but a shutdown would be in October if it happens.”

“This is the first time a newly inaugurated president has had any impact on a current budget." What that means is that normally when a president's inaugurated in January, the budget for the first calendar year of his term or the first nine months is already done. So from January 21st all the way 'til October when the new budget's done, the president has to deal with the previous Congress' budget and has nothing to say about it. What they're saying is that Donald Trump has had a record-breaking, never-before-seen thing by having an impact on the budget in his first year.”

“The headline in the Washington Post: "Democrats Confident They Can Block Trump's Agenda After Spending Bill Win." They think now they can stop Donald Trump's agenda for the next 3-1/2 years. They've shown how to do it. The agenda tied to the budget. The budget tied to government shutdowns. The Republicans cave at the first mention of a government shutdown; ergo, they've shut down Trump. That's what they're thinking.”

“Under the Barack Obama rules, if you wanted to help the military, if you wanted a pay raise for the soldiers, if you wanted to buy new airplanes and new ships and more munitions, a dollar for that, you had to have a dollar domestic spending. We just broke that parity. That's the biggest victory we could have had: $25 billion year over year for our military, to begin to rebuild our military, without that kind of corresponding increase in domestic discretionary spending.”

“State-controlled Associated Press: 'The gross domestic product declines 1% in the second quarter, better than expected.' The bottom line is the economy is still shrinking! It's contracting. There's negative growth. One percent, big whoop, we're supposed to feel happy about this? The only thing that would make me happy about this is if I saw a story that said the government shrunk by 1%. Then we'd be making progress.”