top of page
.png){kind=small}
Economy Quotes
"I believe in some type of free market system. I just don't think you'll find an example of one completely free from government intervention."
41
"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."
40
"A strong economy depends on a strong middle class, but George Bush has put the middle class in a hole, and John McCain has a plan to keep digging that hole with George Bush's shovel."
40
"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."
40
"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."
39
"You cannot carry on forever squeezing the productive bit of the economy in order to fund an unprecedented engorgement of the unproductive bit."
38
"If there's a severe recession, the automatic stabilizers will come into effect, and we will still try to reduce the structural deficit, but we will not try to keep cutting the budget so that we keep worsening a severe recession."
38
"Borrowing and spending is not the way to prosperity."
38
"Everybody is talking today about the economy."
38
"This erosion of the middle class is happening all over the place. The opening of a wider gap between rich and poor is always accompanied by such a process."
38
"The exchangeable value of all commodities, rises as the difficulties of their production increase."
37
"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."
37
"Protectionism will do little to create jobs and if foreigners retaliate, we will surely lose jobs."
37
"Well, you know, we've got a lot of stimulus in the economy already from the tax cut, from the lowered interest rates, and also from the refinancing of mortgages."
37
"Mere parsimony is not economy. Expense, and great expense, may be an essential part in true economy."
37
"All 50 states had the same national economy. And on virtually any measurement you wish to look at, Michigan has moved up and improved against the others."
37
"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."
37
"People must learn that the accumulation of wealth by the successfulconduct of business is the corollary of the improvement of their own standard ofliving and vice versa. They must realize that bigness in business is not an evil, but both the cause and effect of the fact that they themselves enjoy all those amenitieswhose enjoyment is called the "American way of life."
37
"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."
36
"An economist is an expert who will know tomorrow why the things he predicted yesterday didn't happen."
36
"High gas prices are eating away at consumer's disposal income and could lead to a further economic downturn, especially for those whose livelihood depend on gasoline and diesel fuel."
36
"In the United States, oil demand is projected to grow by 340,000 barrels per day this year and gasoline demand is projected to grow nearly two percent, averaging 9.3 million barrels per day for the summer."
36
"I believe that we must understand the economy of the situation."
36
"Ohio is one of only two states that have a minimum wage below the federal level of $5.15 an hour."
35
"A $1.7 billion average increase in electricity costs is estimated to result in a $1.3 billion decrease in personal income and a loss of 13,000 more jobs in the region."
35
"As the economy grows, so will the demand for energy."
35
"A lot of these industries are having difficulty finding reliable workers with the skills they require."
35
"We know, in other words, the general conditions in which what we call, somewhat misleadingly, an equilibrium will establish itself: but we never know what the particular prices or wages are which would exist if the market were to bring about such an equilibrium."
34
"The whole of the global economy is based on supplying the cravings of two per cent of the world's population."
34
"In Washington State, the immigrant population has grown by 42 percent in the five years between 2000 and 2005 - which is an increase from 8 percent to 10.6 percent of the overall population - and the jobless rate in the state has hit a 6 year low."
34
"Our national security is at risk when we rely on foreign oil to keep our economy moving forward."
34
"You have to wait six months to purchase a fuel efficient automobile made from overseas."
33
"Maoris now own over half the commercial fishing industry in New Zealand."
33
"Everyone is always in favour of general economy and particular expenditure."
33
"Spending on programs such as national defense and funding the operating budgets of all federal agencies represent only 39 percent of our yearly budget, an all-time low."
33
"Balanced budget requirements seem more likely to produce accounting ingenuity than genuinely balanced budgets."
33
"The only function of economic forecasting is to make astrology look respectable."
33
"So, there is enormous instability in the global economy with a shift of winners and losers."
33
"Our seniors have worked long and hard to better the economy, raise families and serve their communities. They deserve to live independent and active lives in their golden years."
33
"The shell fishing industry represents a major part of Louisiana's economy."
32
"Americans don't think we should be raising taxes on anybody, especially in the middle of a recession."
32
"Telephones are a virtual necessity - not a luxury - and the revenues collected by this tax flow into the general fund. But this once temporary tax remains and costs American taxpayers, our small businesses and families almost $6 billion dollars a year."
32
"As for the expected boon to the Mexican economy, we have seen none of these gains, and instead we have seen NAFTA's detrimental impact on the Mexican workers."
32
"Since its founding in 1854, Penn State has proven to be a leading institution of higher learning."
32
"The Roaring Twenties were the period of that Great American Prosperity which was built on shaky foundations."
32
bottom of page