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Economic Quotes

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Economic Quotes

“If we [American nation] are only thinking about tomorrow or the next day and not thinking about 10 years from now, we're not going to control our own economic future, because China, Germany - they're making these [clean energy] investments. And I'm not going to cede those jobs of the future to those countries. I expect those new energy sources to be built right here in the United States.”

“The people's community must not be a mere phrase, but a revolutionary achievement following from the radical carrying out of the basic life needs of the working class. A ruthless battle against corruption! A war against exploitation, freedom for the workers! The elimination of all economic-capitalist influences on national policy...Maintaining a rotten economic system has nothing to do with nationalism, which is an affirmation of the Fatherland. I can love Germany and hate capitalism. Not only can I, I must.”

“The lower interest rates fueled housing and consumption booms in countries such as Spain and Ireland. At the same time, Germany, struggling with the burdens of reunification, tightened its belt and became more competitive. All this led to a wide divergence in economic performance. Europe became divided into creditor and debtor countries.”

“If I were a German today, I would be proud, proud but also worried. I would be proud of the magnificent achievement of rebuilding my country, entrenching democracy and assuming the undoubtedly preponderant position in Europe. But a united Germany can't and won't subordinate its national interests in economic or in foreign policy to those of the Community indefinitely. Germany's new pre-eminence is a fact - and its power is a problem - as much for Germans as for the rest of Europe.”

“The problem is, if at all, in the different view of the economy, of economic growth. Growth is too low, even for us. That needs to change: More investments, a stronger role by the European Central Bank. Otherwise, there are no tensions between Italy and Germany. But on this point, compromises must be reached and we will reach them.”

“Poland does not want to remain a net recipient of EU subsidies forever. On the contrary: we want the right to develop in a fair market, and by this right, we want to one day catch up with Germany in terms of welfare and economic power. This will not take 100 years! And then many Poles who emigrated will be able to return home.”

“There are historic examples where a soft domination of certain states worked well. For instance the US, who dominated the Western alliance after World War II - with a giant army, an enormous population, and its globally superior economic power. This role is quite different for Germany today.”

“Germany's potential makes up about 20% of the EU's overall economic power, including Great Britain. The German army is by no means strong enough to guarantee the security of the EU's two endangered flanks - in the east and in the south. So all that remains for Germany is partnerships with its neighbours and other EU member states. Germany should stick to that role.”