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Economy Quotes
"The worst thing that we could do is raises taxes. It would only hurt the economy."
23
"Most Americans are more concerned about the economy and job creation. And they can't understand why the Obama administration or the Democrat majority in Congress wants to pass a bill like the cap-and-trade tax that will cost us jobs, that will hurt our economy, that will drive up costs for families, as well as for small businesses."
23
"The minimum wage was due for an increase, but it was important that we offset its cost to small businesses."
23
"The 'private sector' of the economy is, in fact, the voluntary sector; and the 'public sector' is, in fact, the coercive sector."
22
"Production is the only answer to inflation."
21
"India is poised to contribute as a new engine of global growth. A larger Indian economy has multiple benefits for the world. India presents a large and growing market. But India is much more than a market. India is a reliable partner; a source of high quality scientific, engineering and managerial talent."
21
"Only as long as a company can produce a desired, worthwhile, and needed product or service, and can command the public, will it receive the public dollar and succeed."
21
"In the 'Nike Economy,' there are no standards, no borders and no rules. Clearly, the global economy isn't working for workers in China and Indonesia and Burma any more than it is for workers here in the United States."
21
"A manufacturing district... sends out, as it were, suckers into all its neighbourhood."
21
"The president's economic plan doesn't do enough to create new jobs and that has to be a national priority. While there are some signs the economy is improving, it is not translating into jobs."
20
"Bernanke and company are trying to reflate the economy with almost stated objective of inflation at 2 percent and higher in order to provide some type of safety margin for a future recession. That's where they want to go."
20
"President Obama insists he's a free-market guy. But you have to wonder whether he understands how a free economy really works."
19
"Usually it is one or two things that are talked about, but today growth has being talked about in all sectors. Electricity production has gone up and so has demand. Infrastructure work is also growing rapidly and that happens when there is demand in the economy. From all this it looks like we have moved ahead to better days."
19
"India is a land of potentials and now, it is also a land of enabling policy environment. It is a nation of 1.25 billion people blessed with the extraordinary resources in the form of 800 million youth. At a time when the global economy remains weak the world speaks in one voice that India is the new bright spot of hope for our region and the world."
19
"It is critical that we have a comprehensive energy plan to provide affordable and reliable supplies of energy so that our economy will not be dependent on foreign sources of energy."
19
"It's a recession when your neighbor loses his job; it's a depression when you lose yours."
18
"I think back a little bit when President Bush was elected President and what kind of economy he inherited from the Clinton administration. The economy was going down. It was not doing well."
18
"And so our goal on health care is, if we can get, instead of health care costs going up 6 percent a year, it's going up at the level of inflation, maybe just slightly above inflation, we've made huge progress. And by the way, that is the single most important thing we could do in terms of reducing our deficit. That's why we did it."
18
"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."
18
"Good schools underpin not only our economy, but the social fabric of our lives."
18
"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."
18
"Wealth ... and poverty: the one is the parent of luxury and indolence and the other of meanness and vicious-ness and both of discontent."
17
"Though they won't say, it has been estimated that Cargill and ADM together probably buy somewhere near a third of all the corn grown in America."
17
"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."
17
"The entitlement state has driven us into insolvency."
17
"If [a man] spent his money, say, in giving parties for his friends, they (we may hope) would get pleasure, and so would all those upon whom he spent money, such as the butcher, the baker, and the bootlegger. But if he spends it (let us say) upon laying down rails for surface cars in some place where surface cars turn out not to be wanted, he has diverted a mass of labor into channels where it gives pleasure to no one. Nevertheless, when he becomes poor through failure of his investment he will be regarded as a victim of undeserved misfortune, whereas the gay spendthrift, who has spent his money philanthropically, will be despised as a fool and a frivolous person."
16
"The ways by which you may get your money almost without exception lead downward. To have done anything by which you earn money 'merely' is to be truly idle or worse. If the labourer gets no more than the wages which his employer pays him, he is cheated, he cheats himself.. If I should sell both my forenoons and afternoons to society, as most appear to do, I am sure that for me there would be nothing left worth living for.. You must get your living by loving."
16
"Prosperity is always built on slave labor. Ask any Ameri-can't. Or Bulgari-can. Yes, we can, eat from a trash can..."
16
"That some should be rich shows that others may become rich and hence is just encouragement to industry and enterprise."
16
"Development of states, urbanization, mechanization and industrialisation have all brought phenomenal strides to growth and prosperity of economies and their populace. They have also brought with them the insatiable need for energy resources with the related offspring of instability, conflict, war and corruption."
16
"Root cause of inequality is the mass scale digital disruption advantage as means of wealth creation is concentrated."
16
"Our "Make in India" initiative is not intended for only manufacturing for the domestic market or import substitution. It is as much about making world-class products and services for the whole globe."
15
"In two years, we have managed to overcome the odds and register an impressive economic performance."
15
"Capitalism tries for a delicate balance: It attempts to work things out so that everyone gets just enough stuff to keep them from getting violent and trying to take other people's stuff."
15
"So you think money is the root of all evil? Have you ever asked what is the root of money? Money is a tool of exchange, which can't exist unless there are goods produced and men able to produce them. Money is the material shape of the principle that men who wish to deal with one another must deal by trade and give value for value. Money is not the tool of the moochers, who claim you product by tears, or of looters, who can take it from you by force. Money is made possible only by the men who produce. Is this what you consider evil?"
15
"We can choose a future where we export more products and outsource fewer jobs. After a decade that was defined by what we bought and borrowed, we're getting back to basics, and doing what America has always done best: We're making things again."
15
"Major policy reform in the petroleum sector. Under the new Hydrocarbon Exploration Licensing Policy, there will be pricing and marketing freedom and a transparent revenue-sharing methodology. This will eliminate many layers of bureaucratic controls."
15
"Market economy favors the have against the have not."
15
"It's true that private enterprise is extremely flexible, But its only good within very narrow limits. If private enterprise isn't held in an iron grip it gives birth to people who are no better than beasts, those stock-exchange people with greedy appetites beyond restraint."
14
"A poor man knows the true value of money and will not dare waste it, but a rich man is extravagant and always looking for an opportunity to empty his pockets."
14
"Economic growth cannot only be restricted to a few cities and a few citizens. Development has to be all-round and all-inclusive."
14
"A reputation for money is almost as negotiable as money itself."
14
"The economy of a novelist is a little like that of a careful housewife who is unwilling to throw away anything that might perhaps serve its turn."
14
"India is one of the world economy's brightest spots. We have low inflation, a low balance of payments current account deficit, and a high rate of growth. This is the result of good policy, not good fortune."
14
"India's economic success is the hard-won result of prudence, sound policy and effective management."
13
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