“Cold-turkey deficit reduction would cause a significant recession. A recent analysis by the Congressional Budget Office estimated that going headlong over the cliff would cause our gross domestic product, which has been growing at an annual rate of around 2 percent, to fall at a rate of 2.9 percent in the first half of 2013.” FirstsHas BeensFallCausesHalfGrowingProductsColdOfficePercentRateSignificantBudgetsAnalysisGrossDeficitTurkeysCliffsReductionRecessionsAnnualsGross Domestic ProductCold Turkey Author:Christina Romer
“Today, you have 20 percent of the world controlling 80 percent of the Gross Domestic Product; you've got a $30 trillion (US) world economy, and $24 trillion of it is in the developed countries... These inequities can't exist. So if you are talking about systemic breakdown, I think you have to look in terms of social breakdown.” IfsThinkingWorldLooksCountryTodaySocialTermTalkingEconomyProductsPercentCapitalismGrossBreakdownWorld EconomyDeveloped CountryGross Domestic Product Author:James Wolfensohn
“If development was measured not by gross national product, but a society's success in meeting the basic needs of its people, Vietnam would have been a model. That was its real "threat." From the defeat of the French at Dien Bien Phu in 1954 to 1972, primary and secondary school enrollment in the North increased sevenfold, from 700,000 to almost five million. In 1980, UNESCO estimated a literacy rate of 90 percent and school enrollment among the highest in Asia and throughout the Third World.” PeopleIfsWorldNeedsHas BeensRealSchoolMillionsFiveProductsDevelopmentHighestModelsPercentThirdsThreatMeetingsRateDefeatPrimariesVietnamAsiaLiteracyGrossThird WorldBasic NeedsUnescoSecondary SchoolEnrollment Author:John Pilger
“The economics of industrialized countries would collapse if women didn't do the work they do for free: According to economist Marilyn Waring, throughout the West it generates between 25 and 40 percent of the gross national product.” IfsCountryProductsPercentEconomicsWestCollapseEconomistGross Book:The Beauty Myth: How Images of Beauty Are Used Against Women Source: The Beauty Myth: How Images of Beauty Are Used Against Women
“I consider Apple to be very closed. Let's say you have a book business, and you are charging 5 to 7 percent gross margins; you can't exist in an Apple world because they want 30 percent, and they don't care that you only have 7 percent to play with.” WorldWantBookPlayCarePercentDon't CareApplesGrossMarginsCharging Author:Gabe Newell
“I suspect that Donald Trump is going to be very tough with those countries that don't spend at least 2 percent of their gross domestic product on defense. He will ask them why should we allow a free-ride policy.” ShouldCountryAsksPolicyProductsTrumpPercentToughDefenseSuspectsGrossGross Domestic Product Author:Newt Gingrich
“Some people say Russia is running at 50 percent of its gross domestic product under that during the Communist period. In fact, none of the countries seems to have recovered the level that they had under communism, although the other countries in Eastern Europe are doing better than Russia and particularly the Czech Republic seems to be doing modestly well. East Germany I can't count because they have a rich uncle. You have economic benefits which have nothing to do with the workings of the system.” PeopleWellsI CanCountryFactsSeemsRunningLevelsRichEconomicProductsPeriodsBenefitsPercentEuropeEastRussiaCommunismGermanyRepublicCommunistOther CountriesUnclesEasternGrossEastern EuropeCzechEast GermanyGross Domestic ProductCzech Republic Author:Kenneth Arrow