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Economic Quotes

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Economic Quotes

“Capital, and the question of who owns it and therefore reaps the benefit of its productiveness, is an extremely important issue that is complementary to the issue of full employment... I see these as twin pillars of our economy: Full employment of our labor resources and widespread ownership of our capital resources. Such twin pillars would go a long way in providing a firm underlying support for future economic growth that would be equitably shared.”

“Taxation has its limitations as a method of achieving better economic distribution since for this purpose it is essentially remedial. We must also take a positive approach by finding new ways to spread ownership of future capital growth more broadly in our society.”

“Many of the deficiencies of our economic system could be alleviated if ways were found to broaden the ownership of the means of production... This has happened in some companies through ESOPs. Successful approaches of this sort would pay dividends in terms of employee commitment and morale. And they would not deprive anyone of his present holdings since they are based on future growth.”

“During my service in the United States Congress, I took the initiative in creating the Internet. I took the initiative in moving forward a whole range of initiatives that have proven to be important to our country's economic growth and environmental protection, improvements in our educational system.”

“Entrepreneurship is the cornerstone to African development and the key to local value creation in Africa. I am determined to ensure that Africa's next generation of entrepreneurs have the platform they need to turn their entrepreneurial aspirations into sustainable businesses that will drive economic growth and job creation across Africa.”

“Without evading the grimness of life in much of modern Africa, one can recognize that this continent is not yet sick as our continent is sick. Most Africans remain plugged into reality. In contrast we have become disconnected from it, reduced to compulsively consuming units, taught to worship 'economic growth' - the ultimate unreality in a finite world.”

“The single biggest stimulus to the economy are the unemployment benefits we're paying. These people go out and they spend the money. They go out and they have to get by to everything from paying their mortgage or buying food or just getting by. It has a significant impact on economic growth and the continuation of economic growth.”

“All I am asking is that we follow the golden rule: "Do unto others as you would have them do unto you." This is fundamentally a moral issue, not an economic issue. Given what we know now, it is simply unethical to impose risk of grave damage on future generations just so that we can have a few more consumer products today.”

“Mobile phone technology can help to bring financial services to the 80 percent of African women who do not have a bank account and bolster the growth of the world's poorest continent. It's not just about empowering women, it's about economic growth. Unless we can make access to finance easier for women in their businesses, we will be missing out on a significant portion of growth within our economies”

“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.”

“Well, certainly the Democrats have been arguing to raise the capital gains tax on all Americans. Obama says he wants to do that. That would slow down economic growth. It's not necessarily helpful to the economy. Every time we've cut the capital gains tax, the economy has grown. Whenever we raise the capital gains tax, it's been damaged.”

“The Congressional Budget Office is a reactionary socialist institution which does not believe in economic growth, does not believe in innovation, and does not believe in data that it has not internally generated.”

“The most important domestic challenge facing the U.S. at the close of the twentieth century is the re-creation of fatherhood as avital social role for men. At stake is nothing less than the success of the American experiment. For unless we reverse the trend of fatherlessness, no other set of accomplishments--not economic growth or prison construction or welfare reform or better schools--will succeed in arresting the decline of child well-being and the spread of male violence. To tolerate the trend of fatherlessness is to accept the inevitability of continued social recession.”

“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.”

“Capitalism rules worldwide, and a society whose economic fabric depends on constant growth requires that its citizens have ever-expanding needs and wants... In the West, it will take one with soul force equal to Gandhi's to change the prevailing dogma of ever increasing GNP. We may be forced to change our profligate ways some day, when the soil is depleted, the aquifers drained, the icecaps melted, and all the oil wells pumped dry. But the crisis will wait another fifty years or so; we'll leave those problems to a generation yet unborn.”

“Draconian limits on economic growth and on the use of the automobile should not be necessary in order to give Americans clean air at levels they are willing to pay for, but it will require significant Federal, State, and local leadership and innovative approaches from government and industry.”

“I want to win. [...] We're not going on win by doing what Barack Obama and Hillary Clinton do each and every day. Dividing the country. Saying, creating a grievance kind of environment. We're going to win when we unite people with a hopeful, optimistic message. I have that message because I was a governor of a state that saw people lifted up, because we had high sustained economic growth.”

“My father was a mailman. His father was a coal miner. My mother's mother could barely speak English. And their son today stands on this podium in the great state of Ohio not only as the governor, but a candidate for president of the United States.I do believe in miracles.I've had a lot of elections. But my elections are really not about campaigns. I tell my people that these are about a movement.A movement to do things like provide economic growth. And a movement not to let anybody be behind.”