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Economic Quotes

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Economic Quotes

“.......the poor of the world cannot be made rich by redistribution of wealth. Poverty can't be eliminated by punishing people who've escaped poverty, taking their money and giving it as a reward to people who have failed to escape. Economic leveling doesn't work. Whether we call it Marxism, Progressive Reform, or Clintonomics, the result is the same slide into the stygian pit. Communists worship Satan; socialists think perdition is a good system run by bad men; and liberals want us to go to hell because it's warm there in the winter.”

“It's important that we recognize how extreme the Republicans are in almost every case and how against our self-interest it is to vote for them whether or not we are disappointed with the current crew. At least they believe in the Constitution. At least they have an idea of economic justice. The Republicans are devoted to creating more rich folks.”

“America is my home - I believe in her promise and I will do what I can to secure that promise for future generations of our children. America is great - not because of our military might or our economic strength - but because of the greatness of Americans, and I welcome the opportunity to stand shoulder to shoulder, side by side with all of you to preserve our heritage rich in "liberty and justice for all."”

“Millions of Americans would still despair in the eight long years of the Depression that lay ahead and many of their individual dreams would be dashed on the rocks of economic hardship. But collectively, the country was in a new place, with a new confidence that the federal government would actively try to solve problems rather than fiddle or cater to the rich. Hope was no longer for Pollyannas; the cynics about the American system were in retreat.”

“Gore Vidal, the American writer, once described the American economic system as 'free enterprise for the poor and socialism for the rich'. Macroeconomic policy on the global scale is a bit like that. It is Keynesianism for the rich countries and monetarism for the poor.”

“Capitalism does not permit an even flow of economic resources. With this system, a small privileged few are rich beyond conscience, and almost all others are doomed to be poor at some level. That's the way the system works. And since we know that the system will not change the rules, we are going to have to change the system.”

“In recent years, we've become enamored with our own past success. Lulled into complacency by the glitter of our own achievements. We've become accustomed to the title of Military Superpower, forgetting the qualities that got us there. We've become accustomed to our economic dominance in the world, forgetting that it wasn't reckless deals and get rich quick schemes that got us where we are, but hard work and smart ideas, quality products and wise investments.”

“The worst of this ever growing cancer of Statism [ie big 'paternal' government - socialism, communism and fascism] is its moral effect. The country is rich enough to stand its frightful economic wastage for a long time yet, and still prosper, but it is already so poverty-stricken in its moral resources that the present drain will quickly run them out.”

“We are living in an historic moment. We are each called to take part in a great transformation. Our survival as a species is threatened by global warming, economic meltdown, and an ever-increasing gap between rich and poor. Yet these threats offer an opportunity to awaken as an interconnected and beloved community.”

“The American people must make a fundamental decision. Do we continue the 40-year decline of our middle class and the growing gap between the very rich and everyone else, or do we fight for a progressive economic agenda that creates jobs, raises wages, protects the environment and provides health care for all?”

“Maybe "having enough" has a second meaning beyond the basic economic security a family needs. Maybe it means accepting that a rich full life with a job and family will be rewarding, but it certainly won't be perfect. As many of us who have combined kids and careers know all too well, some days it's really pretty messy. And that's OK.”

“Liberals believe and inexhaustible fund exists that can be tapped endlessly to pay for government social programs. Tax the rich and give it to a long line of moochers, pork barrel hustlers and ne'er-do-wells. These funds would otherwise have been employed as additional capital indispensable to economic progress.”

“Trickle down economics is a fraud. Giving tax breaks to the rich and large corporations does not create jobs. It simply makes the rich richer, enlarges the deficit and increases income and wealth inequality. We need economic policies which benefit working families, not the billionaire class.”

“The United State has a net worth against which our debt is a joke ... we wrote in 2008 the United States is going to come out of this recession fast. The Europeans are going to fragment. The Chinese are going to be cremated. Why could we come out of it? Why has all economic theory been proven wrong? Because we're rich and we could afford it.”