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Economic Quotes

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Economic Quotes

“We have to change economic policy: create confidence, foster investment, cut the public deficit, restructure taxation, and reform the labor laws.”

Law Cutting Economic Policy Labor Investment Reform Taxation Deficit Economic Policy Restructure Labor Laws

Author:Mariano Rajoy

“My first rule - the golden rule - ensures that over the economic cycle the Government will borrow only to invest, and that current spending will be met from taxation.”

Firsts Government Economic Mets Currents Spending Golden Cycles Taxation Golden Rule

Author:Gordon Brown

“One must not allow oneself to skid down to isolationism and unbridled economic egoism. ... The second possible mistake would be excessive interference into the economic life of the country. And the absolute faith into the all-mightiness of the state.”

Country States Would Be Mistake Responsibility History Power Economic Honesty Capitalism Economics Absolutes Oneself Debt Socialism Taxation Egoism Interference Isolationism

Author:Vladimir Putin

“I believe that the 21st century economy is an economy of people, not of factories. The intellectual factor has become increasingly important in the economy, which is why we are planning to focus on providing additional opportunities for people to realise their potential.”

“Frankly speaking, we all know that provoking military and political instability, regional, and other conflicts is a helpful means of distracting the public from growing domestic social and economic problems in certain countries. Such attempts cannot be ruled out, unfortunately.”

“The United States has already passed on as the world's economic leader. Having flouted Thomas Jefferson for too long, America has succumbed to public debt, the 'fore horse for oppression and despotism,' after which 'taxation will follow, and in its train wretchedness and oppression.'”

World Long States America United Leader United States Economic Horse Train Debt Oppression Taxation Despotism Wretchedness

Author:Ilana Mercer

“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.”

Source: The second American revolution: some personal observations

“Our domestic problems are for the most part economic. We have our enormous debt to pay, and we are paying it. We have the high cost of government to diminish, and we are diminishing it. We have a heavy burden of taxation to reduce, and we are reducing it. But while remarkable progress has been made in these directions, the work is yet far from accomplished.”

Source: Message of the President of the United States to the Congress at the Beginning of the Second Session of the Sixty-eighth Congress, December 3 1924

“All the forms of double taxation in the current system are punitive and self-destructive because they are literally destroying people's incentive to provide that seed corn for future economic growth.”

People Self Form Growth Economic Currents Seeds Destructive Destroying Taxation Incentives Corn Economic Growth Self Destructive

Author:Daniel J. Mitchell