“Historically, the United States has had a wonderful energy policy. We're blessed with a diversity of resources. We have oil. We have gas. We have coal. We have nuclear. And renewables. And as a result, one of our biggest competitive advantages has been affordable energy. You need a strong economy and you need affordable energy to fuel that economy.” NeedsHas BeensStatesEnergyStrongUnitedResultsUnited StatesEconomyWonderfulPolicyDiversityResourcesAdvantageBlessedOilNuclearFuelGasCoalAffordableCompetitive AdvantageEnergy PolicyStrong Economy Author:John S. Watson
“I trace the inequality to a particular set of decisions that we took when we lowered the tax rate from 91% down to very low levels at the top, where we stripped away regulations. So the result of that was not a more dynamic economy, but a more unequal society. We tried the experiment of trickle-down. A third of a century later, we can say fairly definitively that it was a failure.” DecisionLevelsResultsEconomyCenturyParticularTaxesLowsThirdsRateExperimentsInequalityRegulationLow LevelTrickle Down Author:Joseph Stiglitz
“I think that is the fight that we have to wage if we're to save the middle class. And I do have doubts about whether Hillary Clinton or whether any Republican candidate out there is prepared to take on the big money interests who control so much of our economy and as a result of Citizens United, our political process as well.” IfsThinkingWellsBigsPoliticalFightingProcessInterestUnitedResultsClassEconomyDoubtMiddleCitizensRepublicanPreparedClintonCandidatesMiddle ClassCitizens United Author:Lindsey Graham
“If you do the things that Britain needs to do - namely, withdraw from NATO, get rid of the bomb, and stop being aligned with one side of the Cold War - then presumably the run on the pound, the result in the stock exchanges of the world, will be fairly catastrophic for the economy. But some sort of political realignment is plainly what this country needs.” IfsWorldNeedsWarCountryRunningPoliticalSidesResultsEconomyColdBritainBombsPoundsCold WarNatoStock Exchange Author:David Hare
“Our practical choice is not between a tax-cut deficit and a budgetary surplus. It is between two kinds of deficits: a chronic deficit of inertia, as the unwanted result of inadequate revenues and a restricted economy; or a temporary deficit of transition, resulting from a tax cut designed to boost the economy, increase tax revenues, and achieve -- and I believe this can be done -- a budget surplus. The first type of deficit is a sign of waste and weakness; the second reflects an investment in the future.” FirstsBelieveKindTwoDoneChoicesI BelieveResultsEconomyCuttingAchieveTypeTaxesWasteWeaknessEconomicsIncreaseInvestmentDebtPracticalsBudgetsTemporaryTransitionTaxationRevenueDeficitInadequateBoostInertiaTax CutsSurplusUnwanted Author:John F. Kennedy
“I did learn from many mistakes. First and foremost, I learned that it is important to create a wide base of support within the LDP. In forming the cabinet this time, I included almost all the members of the LDP whom I ran against during the party election for president. Also, as a result of the lessons I learned, this time my policy priorities have become very clear. This would include first and foremost restoring a robust economy. I believe this has resulted in the strong support that I am getting from the people.” PeopleFirstsBelieveImportantStrongI BelievePresidentResultsPartyMistakeSupportEconomyClearPolicyLessonsMembersElectionWidePrioritiesRanCabinetsRobustRestoring Author:Shinzo Abe
“Central bankers always try to avoid their last big mistake. So every time there's the threat of a contraction in the economy, they'll over stimulate the economy, by printing too much money. The result will be a rising roller coaster of inflation, with each high and low being higher than the preceding one.” TryingBigsLastsResultsMistakeEconomyToo MuchHigherLowsEconomicsThreatInvestingRisingInflationBankersPrintingRoller CoasterCoastersBig MistakeHighs And LowsContractions Author:Milton Friedman
“The fears of recession in the aftermath of Black Monday have turned to fears of the economy racing ahead too fast, with inflation edging up and a substantial current account deficit... People understandably feel more confident about their future than they've done for decades, but as a result they have been borrowing more and saving less... Coming on top of a massive income investment boom, it's all been just a bit too much of a good thing.” PeopleFeelsHas BeensDoneBitsBlackResultsEconomyToo MuchAccountsGood ThingsInvestmentCurrentsDecadesIncomeSavingMassiveRacingMondayInflationDeficitRecessionsBorrowingAftermathToo Much Of A Good Thing Author:Nigel Lawson
“The concentration of wealth is a natural result of this concentration of ability, and regularly recurs in history. The rate of concentration varies (other factors being equal) with the economic freedom permitted by morals and laws.” LawPoliticsNaturalWealthAbilityResultsMoralEconomyEconomicEqualRateFactorsLiberalismConcentrationVaryEconomic FreedomBeing EqualConcentration Of Wealth Book:The Lessons of History Source: The Lessons of History
“Two-factor economics makes it clear that our economic problem is not what one-factor (labor-centric) thinkers assert: an inequitable distribution of income. It is an inequitable distribution of productive power, from which an unworkable distribution of income results.” TwoProblemWisdomPoliticsResultsEconomyClearEconomicEconomicsLaborIncomeFactorsLiberalismProductiveThinkerDistributionEconomic Problems Author:Louis O. Kelso
“A host of positive psychological changes inevitably will result from widespread economic security. The dignity of the individual will flourish when the decisions concerning his life are in his own hands, when he has the means to seek self-improvement. Personal conflicts among husbands, wives and children will diminish when the unjust measurement of human worth on the scale of dollars is eliminated.” HumansMeanChildrenSelfWisdomHandsPoliticsIndividualDecisionResultsEconomyWifeEconomicSecurityHusbandConflictSelf ImprovementDignityDollarsImprovementScalesPsychologicalLiberalismHostUnjustDiminishMeasurementEconomic JusticeEconomic SecurityHusband Wife Author:Martin Luther King, Jr.
“Free enterprise is a natural result of the American form of government, which says in so many words that the more men do for themselves, the less government does for them, the better off we will all be.” MenDoeWisdomGovernmentFormPoliticsNaturalResultsEconomyLiberalismEnterpriseBetter OffForms Of GovernmentFree Enterprise Author:Felix Morley
“Men will see in their king or in their rulers men like themselves perhaps unworthy or open to criticism, but they will not on that account refuse obedience if they see reflected in them the authority of Christ, God and Man. Peace and harmony, too, will result; for with the spread and the universal extension of the kingdom of Christ, men will become more and more conscious of the link that binds them together, and thus many conflicts will either be prevented entirely or at least their bitterness be diminished.” IfsMenWisdomTogetherPoliticsChristResultsEconomyKingsConflictAuthorityConsciousCriticismUniversalAccountsHarmonyRefuseSpreadKingdomsObedienceLiberalismLinksBitternessRulersExtensionsUnworthyPeace And Harmony Author:Pope Pius XI
“There is another method of obtaining money... It does not presuppose the existence of accumulated results of previous development, and hence may be considered as the only one which is available in strict logic. This method of obtaining money is the creation of purchasing power by banks. The form it takes is immaterial.” MayDoeFormPoliticsResultsExistenceEconomyCreationDevelopmentLogicMethodAvailableLiberalismStrictObtainingPurchasingPurchasing Power Author:Joseph A. Schumpeter
“The generation now coming out of Western schools is unable to distinguish good from bad. Even those words are unacceptable. This results in impaired thinking ability.” ThinkingWisdomSchoolPoliticsAbilityResultsEconomyGenerationsWesternLiberalismComing Out Author:Aleksandr Solzhenitsyn
“What this means is that the first week of every new series of ads will continue to yield softer results than you can expect to see in weeks two and three.” FirstsMeanTwoThreeResultsEconomyWeekSeriesYieldAds Author:Roy H. Williams
“I come back to the same thing: We've got the greatest pipeline in the company's history in the next 12 months, and we've had the most amazing financial results possible over the last five years, and we're predicting being back at double-digit revenue growth in fiscal year '06.” YearsLastsNextGrowthResultsCompanyEconomyFiveMonthsFinancialFive YearsRevenueMost AmazingPredictingPipelineLast Five YearsFinancial Results Author:Steve Ballmer
“The basic issue of an American society which is fair, which is providing opportunity for all, is nowadays being replaced by the correct perception that we're living in a rigged economy - where it doesn't matter how hard you worked, the result will be all the income goes to the people at the very top. It's leading to a lot of frustration and anger, and people want some fundamental changes to the way we do economics and growth.” PeopleWayWantMatterHardOpportunityGrowthResultsEconomyIssuesPerceptionFairsEconomicsFundamentalsIncomeFrustrationProvidingReplacedAmerican SocietyRigged Author:Bernie Sanders
“Whether or not [the company] maximizes resources, that's the job of the leader. How do I get greater results using less resources? That requires an enormous psychology when the economy is changing, the technology is changing, and the competition is worldwide.” JobsResultsCompanyLeaderTechnologyEconomyPsychologyGreaterResourcesCompetitionEnormous Author:Tony Robbins
“Engineers in the developed world should be arguing not for protectionism but for trade agreements that seek to establish rules that result in a real rise in living standards. This will ensure that outsourcing is a positive force in the developing nations economy and not an exploitative one.” WorldShouldRealForceNationsResultsEconomyStandardsTradeArguingDevelopingAgreementEngineersOutsourcingTrade AgreementsProtectionism Author:Brian Behlendorf
“The nation as such is not a large subject that has needs, that works, practices economy, and consumes. . . . Thus the phenomena of “national economy” . . . are, rather, the results of all the innumerable individual economic efforts in the nation and . . . must also be theoretically interpreted in this light. . . .Whoever wants to understand theoretically the phenomena of “national economy” . . . must for this reason attempt to go back to their true elements, to the singular economies in the nation, and to investigate the laws by which the former are built up from the latter.” WantNeedsReasonLightLawIndividualNationsResultsEffortPracticeEconomyEconomicSubjectsElementsBuiltFormerLatterNational Economy Author:Ralph Raico
“One cannot walk into an April day in a negative way. With spring, each man's plans and hopes result in new efforts, fresh actions. All of which has a mighty important bearing on the economy. There are those of us who think that the psychology of man, each and together, has more impact on markets, business, services and building and all the fabric of an economy than all the more measurable statistical indices.” ThinkingMenWayImportantActionTogetherWalksResultsEffortEconomyPsychologyPlansBuildingSpringNegativeImpactFabricApril Author:Malcolm Forbes
“Do you realize that if we could increase just by 50 percent the number of adults who have a college degree, it would add $5 billion to the economy and it would result in a net income to the state of Arkansas of $340 million a year?” IfsYearsStatesRealizingResultsNumbersMillionsEconomyCollegeDegreesPercentAdultsIncreaseAddBillionsIncomeArkansasCollege Degree Author:Mike Huckabee
“People like the robber barons assumed that the doctrine of the survival of the fittest authenticated them as deserving power. You know, "I'm the richest. Therefore, I'm the best. God's in his heaven, etc." And that reaction of the robber barons was so irritating to people that it made it unfashionable to think of an economy as an ecosystem. But the truth is that it is a lot like an ecosystem. And you get many of the same results.” PeopleThinkingKnowsMadeHeavenResultsEconomyTruth IsSurvivalInvestingReactionsDoctrineMade ItEtcDeservingEcosystemsIrritatingRobbersSurvival Of The FittestBest GodRobber Baron Author:Charlie Munger
“Even the striving for equality by means of a directed economy can result only in an officially enforced inequality - an authoritarian determination of the status of each individual in the new hierarchical order.” MeanOrderIndividualResultsEconomyCapitalismDeterminationStriveEqualityInequalityFree MarketAuthoritarian Government Author:Friedrich August von Hayek
“Some people say that the West has a cruel history. These people also may see the achievements of Western countries - in terms of the economy, education, health, and social achievements - as a result of exploitation of poorer countries, including Arab countries. Western nations get rich by using resources such as Arab oil. Meanwhile, the countries supplying them raw materials remain poor. Due to such injustices, jealousies are created.” PeopleMayCountryNationsSocialTermPoorResultsEconomyRichMaterialsAchievementResourcesWestWesternIncludingInjusticeDuesOilExploitationGet RichRaw MaterialsCountry WesternUsing Resources Author:Dalai Lama
“I can't really blame a lot of young sisters and brothers who believe that education has anything to offer them. Because as a matter of fact, it has nothing to offer them. Suppose they do get a high school diploma that is meaningful. What kind of job is awaiting them. The jobs that used to be available to working class people are not there as a result of the de-industrialization of this economy.” PeopleBelieveKindI CanMatterFactsSchoolJobsYoungUsedResultsClassEconomyBrotherOffersHigh SchoolBlameAvailableMeaningfulUsed To BeWorking ClassBrothers And SistersMatter Of FactDiplomaIndustrializationHigh School Diploma Author:Angela Davis