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"Protectionism will do little to create jobs and if foreigners retaliate, we will surely lose jobs."
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Exlpore more Economy quotes
"Since we took office, inflation, the fiscal deficit and the balance of payments current account deficit have all fallen. GDP growth, foreign exchange reserves, stock market valuations, and investor confidence have all increased. This success is the result of a series of well thought out policies."
"Market economy favors the have against the have not."
"But economic recovery must be earned. And it will be earned by entrepreneurs and it will be earned by small businesses."
"Economics is extremely useful as a form of employment for economists."
"My first priority is growing this economy in the long term, and stimulating it in the short term."
"Our growing, robust economy is able to provide the average American citizen access to the best social program there is - a steady job."
"The ways by which you may get your money almost without exception lead downward. To have done anything by which you earn money 'merely' is to be truly idle or worse. If the labourer gets no more than the wages which his employer pays him, he is cheated, he cheats himself.. If I should sell both my forenoons and afternoons to society, as most appear to do, I am sure that for me there would be nothing left worth living for.. You must get your living by loving."
Explore more quotes by Alan Greenspan
"I don't know where the stock market is going, but I will say this, that if it continues higher, this will do more to stimulate the economy than anything we've been talking about today or anything anybody else was talking about."
"An almost hysterical antagonism toward the gold standard is one issue which unites statists of all persuasions. They seem to sense... that gold and economic freedom are inseparable."
"Look, I'm very much in favor of tax cuts, but not with borrowed money. And the problem that we've gotten into in recent years is spending programs with borrowed money, tax cuts with borrowed money, and at the end of the day that proves disastrous. And my view is I don't think we can play subtle policy here."
"I have found no greater satisfaction than achieving success through honest dealing and strict adherence to the view that, for you to gain, those you deal with should gain as well."
"Anything that we can do to raise personal savings is very much in the interest of this country."
"History has not dealt kindly with the aftermath of protracted periods of low risk premiums."
"I've been in and out of Wall Street since 1949, and I've never seen the type of animosity between government and Wall Street. And I'm not sure where it comes from, but I suspect it's got to do with a general schism in this society which is really becoming ever more destructive."
"I was a good amateur but only an average professional. I soon realized that there was a limit to how far I could rise in the music business, so I left the band and enrolled at New York University."
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