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"Currently a level of unemployment of 7 percent or more seems to be required to keep inflation from accelerating, a level quite unacceptable as a permanent situation."
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"The economic base of a nation, is the foundation of the it's secrets."
Author Name
Personal Development
"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."
Author Name
Personal Development
"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."
Author Name
Personal Development
"And it will often happen that a man with wealth in the form of coined money will not have enough to eat, and what a ridiculous kind of wealth is that which even in abundance will not save you from dying with hunger!"
Author Name
Personal Development
"During the gold rush its a good time to be in the pick and shovel business."
Author Name
Personal Development
"Wealth ... and poverty: the one is the parent of luxury and indolence and the other of meanness and vicious-ness and both of discontent."
Author Name
Personal Development
"If you've got unemployment, low pay, that was just too bad. But that was the system. That was the sort of economy and philosophy against which I was fighting in the 1930s."
Author Name
Personal Development
"India is undergoing a profound social and economic change. A billion of its citizens are already politically empowered. My dream is to economically empower them through many social and economic transformations."
Author Name
Personal Development
"U.S. companies earn more from their investments in the EU than in the rest of the world combined."
Author Name
Personal Development
"The E.U. imports more agricultural goods from developing countries around the world than does the U.S., Canada and Japan, combined."
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Personal Development
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"Currently a level of unemployment of 7 percent or more seems to be required to keep inflation from accelerating, a level quite unacceptable as a permanent situation."
Economy
"I define genuine full employment as a situation where there are at least as many job openings as there are persons seeking employment, probably calling for a rate of unemployment, as currently measured, of between 1 and 2 percent."
Job
"Practically, the desirable situation ought to be one in which any reasonably responsible person willing to accept available employment can find a job paying a living wage within 48 hours."
Job
"The nominal budget is a poor indicator of the impact of government outlays and revenues."
Government
"Larger deficits are necessary and proper means to mitigate unemployment as the far greater evil in terms of human welfare."
Evil
"There is no real justification for a requirement that a budget of any sort should be balanced, except as a rallying point for those who seek to hamstring government."
Government
"The insane pursuit of the holy grail of a balanced budget in the end is going to drive the economy into a depression."
Politics
"If unemployment could be brought down to say 2 percent at the cost of an assured steady rate of inflation of 10 percent per year, or even 20 percent, this would be a good bargain."
Economy
"The great increase in longevity has produced a surge in the desire to accumulate assets for retirement. It has outpaced the ability of the private sector to produce assets, so we need a larger government debt."
Government
"There is no reason inherent in the real resources available to us why we cannot move rapidly within the next two or three years to a state of genuine full employment."
Reason
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