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Economic Quotes

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Economic Quotes

“Although housing sales and starts have cooled to more typical levels, the housing market remains strong and sound. Without the expansion of homeownership and the strength of our housing market, our nation would not have the economic growth we are experiencing today.”

Today Strong Nations Sound Growth Levels Economic Remains Typical Expansion Housing Economic Growth Housing Market Homeownership

Author:Randy Neugebauer

“The recent evidence increasingly suggests that an economic expansion is already well under way, although an array of influences unique to this business cycle seems likely to moderate its speed.”

Way Wells Seems Influence Economic Unique Evidence Speed Cycles Uniqueness Expansion Moderates

Author:Alan Greenspan

“The economy has settled into a sustainable, self-reinforcing growth path, .. All major categories of the economy have contributed to economic growth. Now that businesses have begun to add to payrolls, the current expansion is self-reinforcing. Only external shocks, such as terrorist attacks or a surge in oil prices, could derail the recovery.”

Self Growth Economy Path Economic Majors Add Currents Oil Terrorist Recovery Shock Categories Expansion Economic Growth Terrorist Attacks Payroll Oil Price

Author:Sung Won Sohn

“Socialism is nothing more nor less than the social, political and ideological system which breaks the fetters upon economic growth created under capitalism and opens the way to a new period of economic and social expansion on a much larger scale.”

Way Political Social Growth Break Economic Periods Capitalism Scales Socialism Expansion Economic Growth Ideological Fetters

Author:Earl Browder

“All "if" statements about the past are as dubious as prophecies of the future are. It seems fairly plausible that if Alexander or Ghengis Khan had never been born, some other individual would have filled his place and executed the design of the Hellenic or Mongolic expansion; but the Alexanders of philosophy and religion, of science and art, seem less expendable; their impact seems less determined by economic challenges and social pressures; and they seem to have a much wider range of possibilities to influence the direction, shape and texture of civilizations.”

“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

“Revenue has increased in this way is in no small measure, I am convinced, due to our low tax policy which has helped to generate an economic expansion in the face of unfavourable circumstances.”

Way Faces Economic Policy Circumstances Taxes Lows Dues Convinced Expansion Revenue

Author:John James Cowperthwaite

“Thanks to the FedDev Ontario funding we were able to get a number of key initiatives underway to mitigate the potential negative economic impact of the Heinz closure. With this additional funding we will continue to be in high gear within the food processing sector to continue with business retention, expansion and attraction activities in the Windsor-Essex region.”

Able Numbers Economic Keys Activity Negative Impact Attraction Thanks Regions Initiative Expansion Funding Gears Closure Processing Retention Ontario Windsor Essex

Author:Sandra Pupatello

“Our economy is at war with many forms of life on earth, including human life. What the climate needs to avoid collapse is a contraction of humanity's use of resources; what our economic model demands to avoid collapse is unfettered expansion. Only one of these sets of rules can be changed, and it's not the laws of nature”

Source: This Changes Everything: Capitalism Vs. The Climate

“I believe we have made a decision now that will permit us to create an economic order in the world that will promote more growth, more equality, better preservation of the environment, and a greater possibility of world peace, we are on the verge of a global economic expansion that is sparked by the fact that the United States at this critical moment decided that we would compete, not retreat.”

Source: Public Papers of the Presidents of the United States, William J. Clinton, 1993, Bk. 2, August 1 to December 31, 1993

“The health of our home planet and the survival of our species will only be secured through the use of space resources and the expansion of Earth's economic sphere to the Moon and beyond. Creating an off-Earth economy and multi-planet civilization will safeguard the long term prospects of humanity.”

Long Use Home Earth Humanity Term Space Economy Economic Planets Civilization Moon Creating Survival Resources Species Long Term Spheres Expansion Prospects Secured

Author:Bob Richards

“Up until the Depression, recession had a moral character: it was supposed to purge the body economic of the greed and excess that attends a business expansion.”

Character Body Moral Economic Greed Excess Expansion Recessions Moral Character

Author:James Buchan

“Water is an astonishingly complex and subtle force in an economy. It is the single constraint on the expansion of every city, and bankers and corporate executives have cited it as the only natural limit to economic growth.”

Force Growth Water Natural Cities Economy Economic Limits Complexes Corporate Subtle Executives Expansion Economic Growth Bankers Constraints

Author:Margaret Catley-Carlson