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Money Quotes

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Money Quotes

“Money and electricity are much alike. Both are stored energy. Living amidst electricity, using it constantly, you take its presence and its utility for granted. Treated with respect, it is constructive, tireless. Treated with disrespect, it is destructive, vicious. It will light your way, pull a twelve-car train from Washington to New York in a bit more than four hours, kill you or burn your house alike. Electricity is insulated, though, and children are not permitted to play with it.”

“Henry Ford made a lot of money making cars at one time, but that was a small advantage to him compared to the benefit to millions of people who for the first time in their lives were emancipated from common public carriers and could live where they wanted, move at the hours they wanted, to the places they wanted. Ford collected a billion bucks, but that was peanuts compared to the benefits.”

“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?”