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Growth Quotes

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Growth Quotes

“Let's take Southeast Asia. The last 20, 30 years has been what's called the "Asian Miracle" - fast economic growth, industrial society. It's happening all over, with one exception, which one? The Philippines is the one that can't grow, which the US has been running for 100 years. Is there a correlation? Have you read about it? It comes to mind, at least.”

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Author:Noam Chomsky
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“As we move toward the pluralist commonwealth, economic interventions that stabilize communities - for instance by localizing the flows of goods and services or by promoting worker ownership - not only have immediate practical benefits but provide the necessary preconditions for the growth and development of a renewed culture of sustainable democracy that can serve as the basis for still further transformations at larger scales.”

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Author:Gar Alperovitz
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“The impact of QE on generating more lending by Wall Street to Main Street and in generating more employment and increasing overall investment in the economy is quite modest. QE probably limited the initial collapse of the economy in 2008, and likely had a very small positive impact on economic growth, but its broader impact on jobs and growth in the economy seems not very big.”

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Author:Gerald Epstein
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“Initially, QE contributed to a pretty significant increase in inequality. It raised asset prices, which are owned primarily by the wealthy, while having relatively small if any positive impacts on bank lending, employment, wages or economic growth, so ordinary people haven't had much help. By the third round of QE in 2012-2014, the effects had likely muted quite a bit. There were probably not big impacts on asset prices from QE and the positive effects on employment growth might have strengthened somewhat.”

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Author:Gerald Epstein
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“When we talk about economic growth, we're not talking about bringing a bunch of companies in that can make a bunch of bucks and hope they spend 'em in our city. We're talking about creating jobs, creating new companies and then we move from there to talk about cooperatives which can become some of those jobs, some of the solidarity economy where we can begin to band together people so they'll understand that a job is not a single individual affair but a collective affair.”

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Author:Chokwe Lumumba
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“Part of the magic of economic growth is how you educate people, and the leading economies have to stay in front of that. From an economic point of view, it affects competitiveness and creates jobs. Or from a social justice point of view, you can take someone in the bottom tier of income and let him compete to be a doctor or lawyer. The education system is the only reason the dream of equal opportunity has a chance of being delivered - and we're not running a good education system.”

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Author:Bill Gates
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“Health care is in as bad a shape as it has ever been after eight years of Barack Obama and the Democrat Party running it and running the US economy. It's an absolute disaster. Other areas of the economy are a disaster. Economic growth? There isn't any. It's 1% per quarter, a 4% growth rate per year if we're lucky. There is no expansion. There is no productivity increase.”

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Author:Rush Limbaugh
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“I think the reason that the Trump economic agenda is beneficial is, he is doing the right things. He wants to see growth, he wants to see to lower taxes, he wants to see this cash pile sitting outside the US return to the US. All of these things I think will be good for the US economy, and as I've said, if the US economy grows, the global economy benefits hugely.”

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Author:Martin Gilbert
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“Every single human being is creative and maximizing that creativity is critical to happiness and economic growth. Economic growth is driven by creativity, so if we want to increase it, we have to tap into the creativity of everyone. That's what makes me optimistic. For the first time in human history, the basic logic of our economy dictates that further economic development requires the further development and use of human creative capabilities. The great challenge of our time is to find ways to tap into every human's creativity.”

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Author:Richard Florida
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“I would like to have a Europe that has a strong foreign and defense policy, ensures economic growth and is active in addressing the issues of the refugee crisis. But perhaps not one that imposes new regulations on allergens that requires food menus to be changed everywhere. When that happens, it creates the feeling that the wrong priorities are being set.”

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Author:Sebastian Kurz
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“We are under the stifling regulation and taxes of a predominantly left-wing type of thinking and philosophy. The eight years of Barack Obama have shrouded this country in punitive regulations. We haven't had economic growth higher than one and a half percent for the last eight or nine years, and that was done on purpose. There have been robust times in the past, and there are a lot of people right now that are doing well and are growing. But generally it ought to be much better in the past. There needs to be an economic revival.”

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Author:Rush Limbaugh
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“I know we need more nuclear power in order - nuclear power, after all, is not dependent on fossil fuels and emits no greenhouse gases. I believe we're going to be able to have coal-fired plants that have zero emissions. We need to work on carbon sequestration technologies. I mean, there's a lot we can do together and achieve the objective, which a lot of people want, which is the reduction of greenhouse gases, and at the same time, have viable economic growth.”

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Author:George W. Bush
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“When you've got a economy in which 40 percent of economic growth is happening in the financial sector, that turns out that was all an illusion, that it wasn't growth based on real products and services, but just a bunch of paper shuffling and a house of cards, then what's gonna emerge, at some point, is a sense of resentment, a sense that the system's rigged, and it's not working for ordinary people. And it's not fulfilling the basic American dream.”

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Author:Barack Obama
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“This is what the Democrats are fighting for. They're fighting for you not to have a job and still have health care so you can pursue your entrepreneurial risk of writing, painting, taking pictures. It's just such a pain in the rear end to have to have a job. It's so damn mean of this country to require people to have a job. It stifles people. It stifles creativity and economic growth to require people to have a job, to have health care. What a country. Man, are we horribly rotten mean to people.”

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Author:Rush Limbaugh
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“Cuba is a poor country. Most of the Cubans who leave only do so if they can find better economic conditions elsewhere. That's why we need changes. We have to offer incentives to keep people here. We have to create more attractive policies for young people, so that it also makes economic sense for them to stay. We need growth and a better quality of life for everyone.”

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Author:Mariela Castro
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“In 1990, about 1 percent of American corporate profits were taken in tax havens like the Cayman Islands. By 2002, it was up to 17 percent, and it'll be up to 20-25 percent very quickly. It's a major problem. Fundamentally, we have a tax system designed for a national, industrial, wage economy, which is what we had in the early 1900s. We now live in a global, asset-based, services world. And we need to have a tax system that follows the economic order or it's going to interfere with economic growth, it's going to reduce people's incomes, and it's going to damage the US.”

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Author:David Cay Johnston
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“The root cause of the looming energy problem - and the key to easing environmental, economic and religious tensions while improving public health - is to address the unending, and unequal, growth of the human population. And the one proven way to reduce fertility rates is to empower young women by educating them.”

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Author:Lawrence M. Krauss
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“Obama and the Democrats' preposterous argument is that we are just one more big tax increase away from solving our economic problems. The inescapable conclusion, however, is that the primary driver of the short-term deficit is not tax cuts but the lack of any meaningful economic growth over the last half decade.”

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Author:Bob Beauprez
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“Britain is a textbook case of how growing inequality leads to economic crisis. The years before the crash were marked by a sharp rise in remortgaging and the growth of 0% balance transfer credit cards. By 2008 the UK had the highest ratio of household debt to GDP of any major economy.”

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Author:Frances O'Grady
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