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Economy Quotes


"The number of electrical injuries cared for in hospitals in the US is estimated at as many as 50,000; the cost of these injuries on the US economy is estimated at over one billion dollars per year."


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


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


"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."


"It is vital that we get these policies right as we take forward our plans to drive down the deficit and transform our economy."


"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."


"Clean drinking water not only means better health but also ensures stronger growth of the economy. When the water table rises, the quality of the water and quality of life improves.""


"My first priority is growing this economy in the long term, and stimulating it in the short term."


"Market economy favors the have against the have not."


"Meanwhile, hard-working Americans are increasingly faced with workplace conditions in which critically important safeguards are watered down, emerging problems are ignored, and enforcement is scaled back."


"I think the producers, for the most part, don't want to see prices skyrocket because that will only create problems for them down the road and would also be a, you know, would be a very serious shock for a world economy that can't afford serious shocks right now."



"Over 30 years ago, Airbus was founded by a European consortium of French, German, and later Spanish and British companies to compete in the large commercial aircraft industry with U.S. companies."


"Now, I do think when we move into 2012 and '13 when, presumably, the economy is on firmer ground, I would allow the tax rates for upper-income individuals to revert back to where they were before the cuts in the 1990s. I think at that point it makes perfect sense."


"My job was to teach the whole corpus of economic theory, but there were two subjects in which I was especially interested, namely, the economics of mass unemployment and international economics."



"More than 60,000 jobs have been lost in the commercial aviation industry in the United States since 1999."


"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."


"In my district, the ports of Long Beach and Los Angeles handle approximately 44 percent of all of the goods delivered to American shores, yet they are in constant need of revenue for facilities, improvements and upgrades to roads and bridges and rails."


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


"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."


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


"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."


"In 1833, protection was abandoned, and a tariff was established by which it was provided that we should, in a few years, have a system of merely revenue duties."


"Our economy is creating jobs and giving businesses the conditions they need to invest and succeed."


"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."



"This is the problem for which revolutionary theory has yet to find the right solution, if there is one. The difficulty is that the economic interests of the two classes are antagonistic."


"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?"


"But economic recovery must be earned. And it will be earned by entrepreneurs and it will be earned by small businesses."


"I still happen to think the United States is the greatest place in the world to invest."


"So everybody has some information. The function of the markets is to aggregate that information, evaluate it, and get it incorporated into prices."


"The conditions which now exist in Germany make it impossible for industrial production to reach the levels which the occupying powers agreed were essential for a minimum German peacetime economy."


"Production is the only answer to inflation."


"The United States dollar took another pounding on German, French and British exchanges this morning, hitting the lowest point ever known in West Germany."


"Americans don't think we should be raising taxes on anybody, especially in the middle of a recession."


"You cannot bring about prosperity without discouraging thrift."


"President Obama insists he's a free-market guy. But you have to wonder whether he understands how a free economy really works."


"An economy growing at 7 percent per year, can and must find the resources to improve the lives of its millions of poor."


"Simply raising fuel economy standards for passenger cars and light trucks to 33 miles per gallon would eliminate our oil imports from the Persian Gulf."


"Henry Ford was right. A prosperous economy requires that workers be able to buy the products that they produce. This is as true in a global economy as a national one."


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


"The party line is that stocks historically have outperformed all other investment plans."


"America knows it has got to deal with its deficit problems so that it, too, can promise it is making its proper and best contributions to the world economy."


"Marriages are under strain today in terms of economics. There are social cross-currents. We see failed marriages. But it is not under attack by our gay and lesbian citizens."
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