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Economy Quotes


"Inflation is taxation without legislation."



"In this context, the current recovery in the Japanese economy is taking place in tandem with the growing interdependence with the rest of the world, particularly with the other East Asian economies."


"If Microsoft ever does applications for Linux it means I've won."


"2005 opens with the promise of a number of substantial direct private investments that can swiftly transform the economy and set all sectors on a pronounced upward curve."


"What we want is to establish the rules of a market economy - not to plan its outcome."


"A consumer doesn't take anything away: he doesn't actually consume anything. Giving the same thing to a thousand consumers is not really any more expensive than giving it to just one."


"As the U.S. businesses search for new areas of economic growth, markets for their goods, a pool of skilled resources, and global locations to produce and manufacture, India could be their ideal partner. India's strong economy, and growth rate of 7.6% per annum, is creating new opportunities for our mutual prosperity."


"So now we are pushing economic reform, bank reform and enterprise reform. So we can finish that reform this year, in September or October. Then our economy may be much more, you know, normalized."


"A healthy environment is essential to a livable Oregon and a strong economy."


"Inflation is the one form of taxation that can be imposed without legislation."


"But I also think that it does create a lot of revenue, but to me it's a temporary revenue stream because it's an industry that, if suddenly gambling started in Massachusetts, then a lot of our patrons who would gamble in New Hampshire if we had it, would disappear."


"We have in the last two years, we have passed 350 legislation in the parliament, most of which deal with democratization, human rights, and of course, economy."


"During the gold rush its a good time to be in the pick and shovel business."


"It is not from the benevolence of the butcher, the brewer, or the baker that we expect our dinner, but from their regard to their own interest."


"Privatization of the state-owned economy is not yet on the agenda. We cannot do it immediately; my colleagues would not agree to it. But we must put all forms of ownership on an equal footing immediately and let different types of ownership compete with the state firms."


"Foreign trade clearly holds down the cost of products we buy."


"This continuing spike in gas prices is bad for consumers, bad for our economy, and bad for all other businesses. It is hurting us and costing us jobs."


"If you can't stand the heat, get out of the kitchen."


"We've set aside tens of millions of acres of those northwestern forests for perpetuity. The unemployment rate has gone not up, but down. The economy has gone up."


"Every economy is uncertain. Referring to this or any economy as "uncertain" is an unnecessary and pessimistic redundancy."


"Anyone who's tried to pay a heating bill, fill a prescription, or simply buy groceries knows all too well that the current minimum wage does not cut the mustard."


"A laborer no longer makes whole articles. He receives raw materials, puts his touch on them, and passes them to another worker in the series. When the articles are quite finished they are carried out of sight by currents of commercial exchange. These currents are untraceable."


"In today's competitive economy, to stand still is to die."


"One of the very nice things about investing in the stock market is that you learn about all different aspects of the economy. It's your window into a very large world."


"Well, our economy is very strong and growing. We have created 5.4 million new jobs in the last 3 years. Our unemployment rate is better than the average unemployment rate of the 1960s, 1970s, 1980s, and 1990s."


"I sum up the prospects for 1967 in three short sentences. We are back on course. The ship is picking up speed. The economy is moving. Every seaman knows the command at such a moment: 'steady as she goes'."


"Having seen a non-market economy, I suddenly understood much better what I liked about a market economy."


"The pro-growth policies of Congress have helped created new jobs in the region and across the country."


"Foreign trade clearly has been a reason why inflation has been low."


"We have the most crude accounting tools. It's tragic because our accounts and our national arithmetic doesn't tell us the things that we need to know."


"The whole of the global economy is based on supplying the cravings of two per cent of the world's population."


"This nation's 23 million small businesses need a budget that reflects their value to the economy."


"She planted that terror of debt so deeply in her children that even now, in a changed economic pattern where indebtedness is a part of living, I become restless when a bill is two days overdue. Olive never accepted the time-payment plan when it became popular. A thing bought on time was a thing you did not own and for which you were in debt. She saved for things she wanted, and this meant that the neighbours had new gadgets as much as two years before we did."


"When certain branches of the economy become obsolete, as in the case of the steel industry, not only do jobs disappear, which is obviously a terrible social hardship, but certain cultures also disappear."


"Everybody is talking today about the economy."


"Instead of saying that globalization is a fact, that it's inevitable, we've also got to demonstrate that while the growing interdependence of the world economy is indeed a fact, it's not uncontrollable."


"Balanced budget requirements seem more likely to produce accounting ingenuity than genuinely balanced budgets."


"Mere parsimony is not economy. Expense, and great expense, may be an essential part in true economy."


"But a rise in the wages of labour would not equally affect commodities produced with machinery quickly consumed, and commodities produced with machinery slowly consumed."


"This paper was one of my digressions into abstract economics."


"I think there's a lot of merit in an international economy and global markets, but they're not sufficient because markets don't look after social needs."
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