“The reality is that our economy now consists of driving 250 million vehicles around the suburbs and malls and eating fried chicken. We don't manufacture much. We just burn up ever scarcer petroleum in the ever-expanding suburbs built with mortgage money lent to people who haven't a clue.” PeopleRealityMillionsEconomyHavensEatingBuiltDrivingChickensVehicleConsumerismClueExpandingMortgageSuburbsMallsOverconsumptionFried ChickenPetroleum Book:Deer Hunting with Jesus: Dispatches from America's Class War Source: Deer Hunting with Jesus: Dispatches from America's Class War
“My university education had been a shallow and superficial enterprise. The central driving forces of the economy I lived in were either ignored or left vague, to the point of meaningless.” LeftForceEconomyUniversityDrivingEnterpriseMeaninglessIgnoredVagueShallowSuperficialDriving ForceUniversity Education Author:Herbert Schiller
“The New Finance focused on the market's major systematic mistake. In failing to appreciate the strength of competitive forces in a market economy, it over estimates the length of the short run. In doing so, it overreacts to records of success and failure for individual companies, driving the prices of successful firms too high and their unsuccessful counterparts too low.” RunningIndividualForceMistakeCompanyEconomySuccessfulRecordsFailingMajorsLowsAppreciateFocusedDrivingFinanceFirmLengthSuccess And FailureSystematicUnsuccessfulCounterpartsMarket Economy Author:Robert Haugen
“Canada, the United States and Mexico, we developed these energy reserves that we have in this North American region. And you can see a not only driving down the cost of electricity but a major manufacturing boom in this country. Couple that with tax policy, reduction, reducing the corporate tax rate, and that I think a renaissance in manufacturing like we've never seen in this country and really drive the economy.” ThinkingCountryStatesEnergyUnitedUnited StatesEconomyPolicyCoupleCostTaxesMajorsRateDrivingCorporateCanadaRegionsMexicoReservesElectricityReducingManufacturingRenaissanceReduction Author:Rick Perry