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Economy Quotes


"The natural consequence of our submission, even in part, to the system that looks to compelling the export of raw products, the exhaustion of the land, the cheapening of labour, and the export of the labourer."



"I think where I differ a little bit, we absolutely have to think about the deficit looking down the road. And certainly that's something the president has said that we need to, as the economy recovers, have a plan in place for getting it down."


"In turning from the smaller instruments in frequent use to the larger and more important machines, the economy arising from the increase of velocity becomes more striking."


"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."



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


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


"My claim is that we do not have a market economy, but a capitalist economy."


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


"Our growing, robust economy is able to provide the average American citizen access to the best social program there is - a steady job."


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


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


"If ignorance paid dividends, most Americans could make a fortune out of what they don't know about economics."


"Maritime sector not only creates and facilitates economic activities; it also connects countries and civilisations.""


"The rest is a mere matter of detail, to be settled with judgment, discretion, and caution."


"A "centrally planned economy" by definition discourages and despises participation by the masses. It's a bureaucratic oligarchy."


"No nation was ever ruined by trade."


"Everybody you talk to about insurance says the insurance market has become a lot more vibrant as a result of lifting, allowing the foreign direct investment."



"The national minimum wage has not been increased in 9 years. By year's end, 21 States across America will have a minimum wage exceeding the Federal minimum wage."


"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."



"You know, I am mainstream America, and it really doesn't matter what party you're in. When you call your children and you say 'How are you?' - and what you are really asking is, 'Do you still have your job? And are you able to make the mortgage payment?', That resonates across the state, not across party lines."


"A strong economy begins with a strong, well-educated workforce."


"How much greater would their contributions to the U.S. economy be if U.S. copyright owners could access foreign markets otherwise dominated by pirate product?"



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


"While I am interested both in economics and in philosophy, the union of my interests in the two fields far exceeds their intersection."


"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."


"Economics is extremely useful as a form of employment for economists."


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



"After graduating in engineering I went to the University of Kansas to get an MA in economics as a vehicle for allowing me to decide if I wanted to continue in economics."



"Americans are not saving enough for retirement."



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


"European investment in Texas alone exceeds all U.S. investment in China and Japan put together."


"Why should we, however, in economics, have to plead ignorance of the sort of facts on which, in the case of a physical theory, a scientist would certainly be expected to give precise information?"


"We aren't leveraging this great economic engine, the strongest economy in the world. And yet we have this totally weak response. We import $500 billion a year more in products than we export."


"Reliable data on the outsourcing of American jobs is sorely missing from the debate on globalization."
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