top of page
Economy Quotes


"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."


"A lot of these industries are having difficulty finding reliable workers with the skills they require."


"Our national security is at risk when we rely on foreign oil to keep our economy moving forward."


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


"Our whole economy is based on planned obsolescence, and anyone who can read without moving his lips should know it by now."


"You cannot bring about prosperity without discouraging thrift."


"Energy consumption matters both to our environment and our economy."


"It is clear that the economy has not gotten better for everyone."


"I think it would take a real stretch to think that I caused the problems with the economy."


"So, there is enormous instability in the global economy with a shift of winners and losers."


"But while I loved all of these courses, there was an irresistible attraction of economics."


"India is undergoing profound transformations. We are today the fastest growing economy in the world. We want the Indian economy to be driven by smart and sustainable cities, robust farm sector, vibrant manufacturing and dynamic service sector. And, its engines to run on world class network of rails, roads, airports and digital connectivity."


"It will be said, however, that protection tends to destroy commerce, the civilizer of mankind. Directly the reverse, however, is the fact."



"In the domain of cops and robbers, an interdiction serves to structure a black market and a shadow economy."


"In today's global economy, however, it is important to raise the bar of excellence even higher. Today's students must be prepared to compete effectively on an international level."


"If stability and efficiency required that there existed markets that extended infinitely far into the future - and these markets clearly did not exist - what assurance do we have of the stability and efficiency of the capitalist system?"


"Maoris now own over half the commercial fishing industry in New Zealand."


"By adopting the other trade, we place ourselves by the side of those whose measures tend not only to the improvement of their own subjects, but to the emancipation of the slave everywhere."



"Over the past two years, the House has passed more than 50 measures focused on stimulating the economy and expanding opportunities for American workers. The tax relief provisions in this package have been an important part of our pro-growth agenda."


"If the Negroes are to remain forever removed from the producing atmosphere, and the present discrimination continues, there will be nothing left for them to do."


"Michigan is also the only industrial state that has a AAA credit rating."


"We had a booming stock market in 1929 and then went into the world's greatest depression. We have a booming stock market in 1999. Will the bubble somehow burst, and then we enter depression? Well, some things are not different."


"I personally think intellectual property is an oxymoron. Physical objects have a completely different natural economy than intellectual goods. It's a tricky thing to try to own something that remains in your possession even after you give it to many others."


"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."


"Tax reform and expanded trade are going to be so important to the economy of Illinois, particularly the 11th Congressional District, which is a major manufacturing and a major agricultural district."


"If I just produce the transparent ideal accepted by the Western experts, a process of privatization which will be very good but never happen, that means nothing."


"Deficits do not in themselves produce inflation, nor does a balanced budget assure a stable price level."


"Over the last several quarters we have been growing faster in Asia and Europe than any other place on the planet. We have 18 percent of the global PC share, about 12 percent in Europe, and 8 percent in Asia."


"We must start with the reality that corporations cannot guarantee anyone a lifetime job any more than corporations have a guarantee of immortality."


"You could not buy a house in those days without just assuming that the house was not only a place to live, but it was a good investment, because it was going to keep up with inflation or get ahead of inflation, and it was just - that was America."


"Bums are the well-to-do of this day. They didn't have as far to fall."


"I think in part the reason is that seeing an economy that is, in many ways, quite different from the one grows up in, helps crystallize issues: in one's own environment, one takes too much for granted, without asking why things are the way they are."



"We think if the economy remains weak that we could see mortgage rates trail down and we think that we could see rates below seven percent into early next year."


"There is nothing more important to our Nation's future, to our homeland security, and to our economy than ensuring we have a top-notch educational system that is the envy of the world."


"The do-it-yourself version of pensions is a flop, as many Americans have painfully learned."


"Altogether apart from that, it would be a disgrace to us to make this bargain with Germany at the expense of France, a disgrace from which the good name of this country would never recover."



"For in the theoretical field bourgeois economics no longer engages in blithe and joyous fights."


"Even if the dollar does decline during the coming months, the delays in the response of exports and imports to the more competitive dollar will mean that the increase in aggregate demand from this source may not happen for a year or more."


"The first principle of the market economy is that it is comprised of many small buyers and sellers, which implies a substantial degree of equity. Another fundamental market principle is that costs are internalized in the producer's price."


"If Congress doesn't raise taxes, you cannot get a private investment account without forgoing a portion, possibly all, of your guaranteed benefit check."
bottom of page
