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Economic Quotes

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Economic Quotes

“It took the national debt two hundred years to reach $1 trillion. Supply Side Economics quadrupled the national debt to over $4 trillion in twelve years (1980-1992) under the Republicans. Bill Clinton actually paid down the national debt. How did he do it? He raised taxes. It produced the longest sustained economic expansion in U.S. History.”

Years Two Sides Economic Republican Taxes Hundred Economics Paid Bills Clinton Raised Debt Twelve Expansion National Debt Supply Side Economics

Book:Straight Talk from the Heartland: Tough Talk, Common Sense, and Hope from a Former Conservative

Source: Straight Talk from the Heartland: Tough Talk, Common Sense, and Hope from a Former Conservative

“Our example - and commitment - to freedom has changed the world. But along with the genius of our Declaration of Independence, our Constitution, and our Bill of Rights, is the equal genius of our economic system. Our Founding Fathers endeavored to create a moral and just society like no other in history, and out of that grew a moral and just economic system the likes of which the world had never seen. Our freedom, what it means to be an American, has been defined and sustained by the liberating power of the free enterprise system.”

“The postwar [WWII] GI Bill of Rights - and the enthusiastic response to it on the part of America's veterans - signaled the shift to the knowledge society. Future historians may consider it the most important event of the twentieth century. We are clearly in the midst of this transformation; indeed, if history is any guide, it will not be completed until 2010 or 2020. But already it has changed the political, economic and moral landscape of the world.”

“At a time of economic recession, the need for Medicaid and other safety net services is even greater. And we don't want to raise taxes on people who are having a tough time paying their bills.”

People Want Needs Greater Economic Taxes Tough Raises Safety Bills Tough Times Recessions Safety Net Medicaid Economic Recession

Author:James Douglas, Lord of Douglas

“College has been oversold. It has been oversold to students who end up dropping out or graduating with degrees that don't help them very much in the job market. It also has been oversold to the taxpayers, who foot the bill for subsidies that do nothing to encourage innovation and economic growth.”

Has Beens Ends Helping Jobs Growth Feet Economic Students College Degrees Innovation Bills Graduates Taxpayers Dropping Economic Growth Subsidies Dropping Out

Author:Alex Tabarrok

“There are change elections and there are 'more of the same' elections, and there was a lot of economic anxiety in the 1992 election and (Bill Clinton) was able to drive a change narrative. after eight years of Barack Obama, it's very difficult to understand what kind of change it is that Hillary Clinton's candidacy could represent.”

Years Kind Able Difficult Change Economic Anxiety Election Bills Clinton Eight Barack Narrative Candidacy

Author:Steve Schmidt

“It has been a masterful fight-back by the big banks. We the paying public can't do anything much except admit defeat and settle back for the next set of bills. In the meantime, perhaps, we should try and think of a name for the new economic system, which certainly isn't capitalism ... The most accurate term would probably be "bankocracy".”

Thinking Should Trying Has Beens Bigs Fighting Next Names Term Economic Capitalism Bills Defeat Settling Accurate Economic Systems

Author:John Lanchester

“As soon as the economic freedom which the market economy grants to its members is removed, all political liberties and bills of rights become humbug.”

Political Liberty Economy Rights Economic Members Bills Grants Bill Of Rights Market Economy Economic Freedom Humbug

Book:Economic freedom and interventionism: an anthology of articles and essays

Source: Economic freedom and interventionism: an anthology of articles and essays

“It hurt the economic historians, the Marxists and the fabians, to admit that the Ten Hour Bill, the basic piece of 19th century legislation, came down from the top, out of aa nobleman's private feelings about the Gospel, or that the abolition of the slave trade was achieved, not through the operation of some "law" of profit and loss, but peurlet as the result of tyhe new humanitarianism of the Evangelicals.”

“Carolyn Maloney has extensive - she's shown over and over again her creativity, her determination, her tenacity in fighting for women's rights. She has passed a host of bills in many different areas, both national and global, with both national and global importance for women, and she's on a Chair of Finance Committee so essentially in this economic crisis, we thought she would be perfect.”

Different Would Be Fighting Perfect Creativity Rights Economic Areas Determination Importance Crisis Bills Finance Chairs Host Womens Rights Committees Tenacity Economic Crisis

Author:Eleanor Smeal