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Growth Quotes

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Growth Quotes

“AS an economic historian, I appreciate what manufacturing has contributed to the United States. It was the engine of growth that allowed us to win two world wars and provided millions of families with a ticket to the middle class. But public policy needs to go beyond sentiment and history.”

“Chairman Priebus set out on an early and historic political outreach plan which called for investing resources early to build the RNC network well before Election Day. And although the elections are still eight months away, all indications are that the money has been well spent. Our message is getting out to the Hispanic, Asian and African American communities. If we can continue to implement this plan, we will be able to save the country from further policy damages at the hand of President Obama and the Democrats.”

“The hungry world cannot be fed until and unless the growth of its resources and the growth of its population come into balance. Each man and woman-and each nation-must make decisions of conscience and policy in the face of this great problem.”

“[Australian Reserve Bank] Governor MacFarlane said recently when Paul Volcker broke the back of American inflation it's regarded as the policy triumph of the Western world. When I broke the back of Australian inflation they say, "Oh, you're the fellow that put the interest rates up." Am I not the same fellow that gave them the 15 years of good growth and high wealth that came from it?”

“Economic growth and environmental preservation are two sides of the same coin. There's no better illustration of that point than the California Clean Tech Open, which challenges California entrepreneurs to bring new, clean technologies to market. I encourage business leaders, policy makers, and environmental advocates to support this innovative, exciting competition.”

“The effect of the corporation, under the prevailing policy of the free, go-as-you-please method of organization and management, has been to drive the bulk of our people, other than farmers, out of property ownership; and, if allowed to go on as present, it will keep them out... The paramount problem is not how to stop the growth of property, and the building up of wealth, but how to manage it so that every species of property, like a healthy growing tree will spread its roots deeply and widely in the soil of a popular proprietorship.”

“The Silicon Valley Manufacturing Group strongly supports green-line policies, because the only way to attract top level employees and their families is to protect the region's open space and environment. We want to build a community that is demonstrates smart growth rather than a model for L.A.-type growth.”

“The Congressional Budget Office is a reactionary socialist institution which does not believe in economic growth, does not believe in innovation, and does not believe in data that it has not internally generated.”

“There are several states that move from Karl Marx-like policies to Adam Smith-like policies and back again in a weekend. So for the states with huge volatility in their income tax policies over time, the differences in growth rates in those periods are really amazingly consistent with tax rates really mattering.”

“But waiting for 'eventually' to prove the alarmists wrong is not the wisest course of action. Unfullfillable ambitions to stifle growth will devastate a world trying to deal with the complexities of economics, stability, and the environment. Quality of life depends on access to energy. Noble intentions about 'C02-free' sources of energy are not sufficient, if their agenda of eliminating coal as a source, and turning their back on nuclear, are allowed to be part of our near-term policies.”

“In Europe there's an dangerous growth of ultra xenophobia which is pretty threatening to any one who remembers the history of Europe... and an attack on the remnants of the welfare state. It's hard to interpret the austerity-in-the-midst-of-recession policy as anything other than attack on the social contract.”

“Chile has done a lot to rid itself of poverty, especially extreme poverty, since the return to democracy. But we still have a ways to go toward greater equity. This country does not have a neoliberal economic model anymore. We have put in place a lot of policies that will ensure that economic growth goes hand in hand with social justice.”

“I can't possibly predict precisely what the unemployment rate will be at the end of one year. I can tell you that over a period of four years, by virtue of the policies that we'd put in place, we'd get the unemployment rate down to 6%, and perhaps a little lower.”

“We know taxes slow down economic growth, so if you add a carbon tax you have to also minus other taxes. You can't take more money out of people's pockets. I don't think you can build a consensus in this country about environmental policy if you're going to make people poor.”

“Deflation means a slowdown of income growth. Markets shrink, new capital investment and employment also taper off, so wages decline. That is what's happening as deliberate policy in Europe and the United States. Falling or stagnant prices are simply the result of having less income to spend.”

“It was shameful that, after Haiti, Colombia was the second most unequal country in Latin America. But we've achieved some things; the inequality is coming down, and coming down fast. The growing economy has provided us with the funds to finance a very progressive social policy that has reduced extreme poverty. We have the lowest inflation rate of all Latin-America countries and the highest growth rate.”

“We need to give the private sector many more powerful incentives to do research and development, to bring ideas and new discoveries to market in Canada, and commercialize them here, and stay here through successive stages of growth. But they can only do it with better government policies that give them more powerful incentive.”

“I'm not expecting a big sell-off but I do think that if we don't have a move toward economic growth and policies that will promote economic growth and get us out of this 2 percent world - we really need to see 4 percent, 5 percent - to see jobs created, and if we don't see that longer-term, yeah the market will sell-off...[but] I do think things are getting better. It's just been very slow.”

“Over the longer term, China will grow by about 6% or 7% per year. The Chinese authorities usually react pretty quickly to unfolding economic events, and you've seen them recently change a whole bunch of policies to be more conducive to growth. They have the power and capability to macromanage the economy - to accomplish their growth objectives - which means they're pretty much going to come close to what they say is going to happen.”

“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.”

“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.”

“Inflation is certainly low and stable and, measured in unemployment and labour-market slack, the economy has made a lot of progress. The pace of growth is disappointingly slow, mostly because productivity growth has been very slow, which is not really something amenable to monetary policy. It comes from changes in technology, changes in worker skills and a variety of other things, but not monetary policy, in particular.”