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Economic Quotes

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Economic Quotes

“War is a culture, bellicosity is addictive, defeat for a community that imagines itself to be history's eternal victim can be as intoxicating as victory. How long will it take for the Serbs to realize that the Milosevic years have been an unmitigated disaster for Serbia, the net result of Milosevic's policies being the economic and cultural ruin of the entire region, including Serbia, for several generations? Alas, one thing we can be sure of, that will not happen soon.”

“God never promises exemption. He does promise companionship, which is better. He does not promise do deliver you or me or any other individual from pain, sorrow, or economic disaster, but He does give assurance the He will help us through and that there will be compensations. "I will not leave you comfortless, I will come to you." These are the words of Jesus.”

“The Obama administration seems to be following what might be called 'the Detroit pattern increasing taxes, harassing businesses, and pandering to unions. In the short run, it got mayors re-elected. In the long-run, it reduced Detroit from a thriving city to an economic disaster area, whose population was cut in half, as its most productive citizens fled.”

“Anecdote: The East End seemed to be in the grip of yet another economic crisis. ... By the winter of 1933, an army of the unemployed gathered daily outside the dock gates, desperate for a day or 2 paid work. .... There was no cushion, no disaster fund, no stashed savings, no government handouts no syrup that could sweeten the bitter pill of poverty.”