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Economy Quotes


"The Northwest is in better shape than it was eight years ago."


"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."


"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."


"And it is practically the same in the case of the four or five million poor peasants in France, and also for Switzerland, Belgium, Holland, and two of the Scandinavian countries. Everywhere small and medium sized industry prevails."


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


"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."


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



"This unchecked spending is growing faster than our economy, faster than inflation, and far beyond our means to sustain it."


"Now, anybody who thinks that we can move this economy forward with just a few folks at the top doing well, hoping that it's going to trickle down to working people who are running faster and faster just to keep up, you'll never see it."


"Social Security represents an $11 trillion unfunded obligation. And when I say unfunded obligation, I mean we have to come up with $11 trillion at some point to make the system whole."


"Nationalized industries are notorious for their inability to operate at a profit."


"And almost half of American oil consumption is for motor vehicles."


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


"A weak currency is the sign of a weak economy, and a weak economy leads to a weak nation."


"For me a poem has to sing out of itself and the lilt of it carries the magic."



"The way things are going, we are not too far from the day when it will take an hour's labor just to pay for the gasoline to get to the job."


"Furthermore, the unearned increment from land appears in the United States as a gain to the first comers, who have here laid the foundations of a new State."


"Killing the private property-that was the center of the Marxist economy and Marxist ideology. That was the center of the Lenin ideology."


"I suggest to you that increasing the size of America's economic pie - which can be achieved only if everybody has a seat at the table - is the most important challenge facing our country today."


"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."



"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."


"Double-digit inflation is a terrible thing - and it got up to 14 or 15 percent on a monthly basis for a while, shortly after I became chairman of the Fed."


"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."


"However, it may occur that we will find ourselves using a variety of fuel sources to give us the energy we need support our lifestyles and boost our economy."


"By keeping the annuities, we could build up a national industry every years as big as the Shannon Scheme."


"The entitlement state has driven us into insolvency."


"The E.U. imports more agricultural goods from developing countries around the world than does the U.S., Canada and Japan, combined."


"The exchangeable value of all commodities, rises as the difficulties of their production increase."


"U.S. companies earn more from their investments in the EU than in the rest of the world combined."



"My research, even before 1972, moved in directions beyond those cited for the Nobel Memorial Prize. Most of it, in one way or another, deals with information as an economic variable, both as to its production and as to its use."


"Unless the trade deficit shrinks, the combination of the trade deficit and the interest and dividend payments to foreigners will grow ever more rapidly."


"As the revenue of the farmer is realized in raw produce, or in the value of raw produce, he is interested, as well as the landlord, in its high exchangeable value, but a low price of produce may be compensated to him by a great additional quantity."


"Protectionism will do little to create jobs and if foreigners retaliate, we will surely lose jobs."


"The U.S. - E.U. economic relationship dwarfs America's economic ties with China."


"The more dynamic the capitalistic expansion, the greater the disparity. It is from the disparity that we are going to get all the political upheaval for the next few years."
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