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Growth Quotes

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Growth Quotes

“Because national borders are eroding, because of the growth of non-state actors. It's a different kind of a world. We are tied down by a tiny little country - Iraq. It's amazing, given the disparity in military economic strength. It's a world where most of the big problems spill over national boundaries, and there are new kinds of actors and we're feeling our way as to how to deal with them.”

“Something I was adamant about was that the movie [Everybody Lovess Somebody] wouldn't end with, oh, marriage saved [the main character]. They're married and she's OK. I was very pushing on having the ending be that she made an inner growth of healing so that she can then have the ability and the space to love and be loved by someone else, and that love is open-ended and doesn't mean they're going to get married tomorrow and all her problems are solved.”

“I think the problem is these basic sort of human values from our - from the beginning, from birth, are not sort of properly nurtured. So then our mind, our brain, through education and also difference of experiences, that eventually, these basic values or what are called dominant, not have the catching up our intelligence, experience growth, that also should grow. Then our life become more human.”

“Here's the positive scenario: that something has been going wrong in American society. You see it in wage growth, opioid abuse, many other social indicators, as you know. Sometimes it's better to get the bad reaction to that over with quickly while your civil society still is strong and you can react and respond and protest, and you know, four or eight years from now, make another decision, and maybe it's better to have that happen in 2017 than 20 years later when some of our problems are worse and our national mood is worse.”

“I got elected on a commitment to Canadians that I was going to make growth work for everyone. I was going to focus on the middle class and those working hard to join it. I was going to make sure that the people who felt that the growth in the economy had left them behind would be included. That's similar to the promise that got Trump elected. Now, our approaches to the same problems are somewhat different. But in my conversations with him, we've very much been able to agree that we want to help the citizens of our countries in tangible ways.”

“With apologies to the green movement, "sustainability" is a myth. History and archaeology show that societies are always moving to the edge of crisis, "falling forward" through growth, but then responding often successfully to the problems created. What we can hope for is that with a somewhat more controlled level of growth, and with longer-term preparations for change, we can keep responding to the inevitable smaller crises, as they arise, and continue to postpone until later and later the, perhaps ultimately inevitable, end of our civilization.”

“Uganda's budget is 40 percent aid-dependent. Ghana's budget is 50 percent aid-dependent. Even if you cancel the debt, you don't eliminate that aid dependency. This is what I mean by getting to the fundamental root causes of the problem. Government, the state sectors in many African countries need to be slashed so that, you know, you put a greater deal of reliance on the private sector. The private sector is the engine of growth. Africa's economy needs to grow but they're not growing.”

“As many people know, our job market problems began long before the latest recession. We have faced literally decades with no substantive increase in median wages, and job growth, except in health and government jobs such as education, has been stagnant for a while. People are now expected to travel more and to work at odd hours to coordinate with people all over the world. Simply put, companies have prospered, but for the most part, people have not.”

“One of the great drivers of the alienation that has made Donald Trump possible is that the growth in the American economy has been weak. In the decade from 2005 to 2015, there was not one year when the US hit three per cent growth. And to the extent there's been growth, virtually all of it has been collected by the top 10 per cent of the population. Obviously, if we knew how to make growth faster, we would. We don't. And it's very difficult to make growth more broadly shared. Because it's not just the US that has this problem.”

“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.”

“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.”

“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.”

“Problems do not go away. They must be worked through or else they remain, forever a barrier to the growth and development of the spirit.”