Economy Quotes
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The risk that the economy has entered a substantial downturn appears to have diminished over the past month or so.
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The industrial economy which divides society absolutely into two portions, the payers of wages and the receivers of them, the first counted by thousands and the last by millions, is neither fit for, nor capable of, indefinite duration: and the possibility of changing this system for one of combination without dependence, and unity of interest instead of organized hostility, depends altogether upon the future developments of the Partnership principle.
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If we're going to be an effective, efficient economy, we need to have all part of that engine running well, and that includes Wall Street and Main Street.
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Clearly, it's going to affect the Gulf Coast economy quite a bit.
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As we celebrate 75 years of the minimum wage, we must also recognize that it is no longer achieving its potential impact in our economy or for America's working families. Every American deserves the chance to build a better life for his or her family - and raising the minimum wage will provide that opportunity.
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What is worrisome about that is the U.S. standard of living. I think it is very difficult to envision our standard of living being preserved if we are in an economy where all people do is flip hamburgers, wait on people in stores, and sue each other. It’s not much of a basis for an economy.
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In the past six months, our federal government has devised a dozen strategies to save America's financial markets. Each plan has been more costly, more risky, and less aligned with the principles of our country's free market economy than the last. I am disappointed to say that this latest plan puts all the rest of them to shame.
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After several false starts, the economy is showing signs of sustained recovery.
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I'm... fairly optimistic today about the ability of the U.S. economy to absorb these body blows.
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Everyone understands that in a modern economy - transparency, accountability, a working justice system are part of having a functioning, modern society.
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Unlike an inexorable, Newtonian "great machine", the economy is not a closed system.
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There is no need for the Russian state to hold such large stakes and we do intend to put our plans into practice. It is not about whether we want it or not, it is about this being practical or not and the best timing. In general, it is practical from at least one point of view - from the point of view of structural changes in the economy.
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Our capacity to compete in a knowledge-based economy is going to depend on our ability to offer the opportunity of college success to every student who's willing to work to achieve it.
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Gay marriage is a complete red herring to distract everyone from the economy and the war and health care and education.
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The insane pursuit of the holy grail of a balanced budget in the end is going to drive the economy into a depression.
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We need to diversify our economy, and the energy industry would be a great place to begin that diversification.
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If another euro country fails, so does Slovakia. Our economy is 80% open and if the citizens of Spain and Portugal have no money to buy cars made here in Slovakia then that will be bad for us. Everything is connected.
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Fiscal crises often turn into financial crises, dealing a blow to the real economy.
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What I take from writers I like is their economy - the ability to use language to very effective ends. The ability to have somebody read something and see it, or for somebody to paint an entire landscape of visual imagery with just sheets of words - that's magical.
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History proves... that a smart central bank can protect the economy and the financial sector from the nastier side effects of a stock market collapse.
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We British have reached the state where the private sector is that part of the economy the government controls and the public sector is that part that nobody controls.
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Ninety-nine percent of everyday things are things we don't need - that goes for regular visits to the hairdresser just as it does for clothing. What would it mean if we all consumed 20 percent less? It would be catastrophic. It would mean 20 percent less jobs, 20 percent less taxes, 20 percent less money for schools, doctors, roads. The global economy would collapse.
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It is fairer to tax people on what they extract from the economy, as roughly measured by their consumption, than to tax them on what they produce for the economy, as roughly measured by their income.
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Low marginal tax rates are supportive of economic growth. I would submit that we would want to look very hard at government spending - make sure it's controlled - before we raise taxes, which, in turn, would have negative impacts on the economy.
