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Economy Quotes

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Economy Quotes

“Democrats in Washington predicted that tax cuts would not create jobs, would not increase wages, and would cause the federal deficit to explode. Well, the facts are in. The tax cuts have led to a strong economy. Real wages were on the rise, and deficit has been cut in half three years ahead of schedule.”

“What we need to do together is to put in place the kind of - foster the kind of environment where businesses of all sizes - small, medium or large - want to invest, want to do the innovative things that our businesses here in America are known for doing, want to grow our economy and want to create the kind of jobs that will bring - reduce that unemployment rate.”

“We can achieve the utmost in economies by engineering knowledge; we can conquer new fields by research; we can build plants and machines that shall stand among the wonders of the world; but unless we put the right man in the right place-unless we make it possible for our workers and executives alike to enjoy a sense of satisfaction in their jobs, our efforts will have been in vain.”

“Contrary to popular belief, prosperity is an emotional state that has little to do with your wealth or the state of the economy. You can feel more prosperous in a one-room cottage than most wealthy people feel in a twenty-room mansion. Misers will hoard a lot of money and spendthrifts will spend whatever they have - you don't have to do either to feel prosperous. You may have to give up your secure, high-paying corporate job, however - and grow spiritually in the process.”

“I heard this today and I thought this was fascinating and interesting. President Bush has two daughters, two beautiful daughters, and they may work on their father's presidential campaign after they get out of college and I thought, well, that's a pretty good move because in this economy, they won't be able to find real jobs.”

“In his annual economic report to Congress President Bush said that the transfer of American jobs overseas is actually part of a positive transformation that will enrich the U.S. economy over time. So basically, losing your job to someone else can be a good thing. Of course we'll see how he feels about that in November.”

“The backlash against women's rights would be just one of several powerful forces creating a harsh and painful climate for women at work. Reagonomics, the recession, and the expansion of a minimum-wage service economy also helped, in no small measure, to slow and even undermine women's momentum in the job market. But the backlash did more than impede women's opportunities for employment, promotions, and better pay. Its spokesmen kept the news of many of these setbacks from women. Not only did the backlash do grievous damage to working women C it did on the sly.”

“A lot of Democrats have said that raising the minimum wage is both good economics and good politics. The nonpartisan CBO issued a report today saying that raising the minimum wage to $10.10 an hour would cost the economy about 500,000 jobs...Why should we trust Democrats on anything when they couldn't have foreseen that this would be the case?”

“The next Prime Minister walking through that door will be me or Labour Party leader Ed Miliband, you can choose an economy that grows, that creates jobs, that generates the money to ensure a properly funded and improving National Health Service ... and a government that will cut taxes for 30 million hard-working people ... or you can choose the economic chaos of Ed Miliband's Britain.”

“We have reached a point where the value we do add to our economy is now being outweighed by the value we are removing, not only from future generations in terms of diminished resources, but from ourselves in terms of unlivable cities, deadening jobs, deteriorating health, and rising crime. In biological terms, we have become a parasite and are devouring our host.”

“Ninety-nine percent of everyday things are things we don't need - that goes for regular visits to the hairdresser just as it does for clothing. What would it mean if we all consumed 20 percent less? It would be catastrophic. It would mean 20 percent less jobs, 20 percent less taxes, 20 percent less money for schools, doctors, roads. The global economy would collapse.”

“Of all the wonderful things government says, that's always been just about my favorite. As opposed to if you get to keep the money. Because what you'll do is go out and bury it in your yard, anything to prevent that money from creating jobs. They never stop saying it.We will say, "This is expected to create x number of jobs." On the other hand, we never say that the money we removed from another part of the economy will kill some jobs.”

“I can't really blame a lot of young sisters and brothers who believe that education has anything to offer them. Because as a matter of fact, it has nothing to offer them. Suppose they do get a high school diploma that is meaningful. What kind of job is awaiting them. The jobs that used to be available to working class people are not there as a result of the de-industrialization of this economy.”

“Mr. Greenspan did a very good job in the early 1990's. But recently he's fallen prey to this crazy theory that prosperity causes inflation. So they're trying to slow the economy down by raising interest rates. It's like a doctor saying you're in great health, so we have to make you sick a little bit. It's a bizarre theory. It's going to hurt our economy.”

“You know, people like Hillary Clinton think you grow the economy by growing Washington. I think most of us in America understand that people, not the government creates jobs. And one of the best things we can do is get the government out of the way, put in reign in all the out of control regulations, put in place and all of the above energy policy, give people the education, the skills that the need to succeed, and lower the tax rate and reform the tax code.”

“The sooner we switch away from carbon-based fuel and start relying on renewable energy sources available in the United States, the sooner we will grow our economy by creating the millions of new jobs that will come from retrofitting homes and businesses, building smart grids, renewable energy systems and planting trees and all the rest. We need to create a lot of jobs that can't be outsourced.”

“Capitalism is very far from a perfect system, but so far we have yet to find anything that clearly does a better job of meeting human needs than a regulated capitalist economy coupled with a welfare and health care system that meets the basic needs of those who do not thrive in the capitalist economy. If we ever do find a better system, I'll be happy to call myself an anti-capitalist.”

“I call this the Fundamental Problem of Political Economy. How do we limit the power that idiots have over us? ... [Milton] Friedmans insight is that a market limits the power that others have over us; conversely, limiting the power that others have over us allows us to have markets. Friedman argued that no matter how wise the officials of government may be, market competition does a better job of protecting us from idiots.”

“Ontario's auto sector is a cornerstone of our economy - a key source of our ability to export, innovate and create jobs. In this highly competitive global economy, we need to drive further investment and ensure the sector remains strong. I am confident that this new partnership, with Ray Tanguay's strategic advice and leadership, will allow Ontario to increase our competitiveness, productivity, and market share in the auto sector, and I look forward to their important work contributing to a more prosperous, innovative Ontario economy.”

“The foundation of Ontario's economy is our skilled workers and innovative companies. Our government will continue its proactive approach to partnering with business and industry, investing strategically to help companies grow and create jobs in this period of economic uncertainty.”

“So I'm not proposing anything radical. I just believe that anybody making over $250,000 a year should go back to the income tax rates we were paying under Bill Clinton. Back when our economy created nearly 23 million new jobs, the biggest budget surplus in history, and plenty of millionaires to boot. ... At the same time, most people agree that we should not raise taxes on middle-class families or small businesses -- not when so many folks are just trying to get by.”

“Hold on to your wallets folks because with the passage of this trillion-dollar baby, the Democrats will be poised to spend as much as $3 trillion in your tax dollars. Taxpayers will be on the hook for spending that will stimulate the debt, stimulate the growth of government, but will do little to stimulate jobs or the economy.”

“I'm really tired of Americans being the only ones asked to do all the heavy lifting when it comes to charity, and, quite frankly, my number one concern right now is taking care of the fact that Americans are taking it in the gut without jobs. Many of them working two and three part time jobs. And, if America wants to do something great, let's get our economy growing again, stabilize the dollar, and we'll be in a much better position to help people around the world.”