Economy Quotes
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I've had a terrific life, from building one company to be the second largest company in the securities industry and merging that into American Express, and becoming president of that company.
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Quidquid luce fuit tenebris agit: but also the other way around. What we experience in dreams, so long as we experience it frequently, is in the end just as much a part of the total economy of our soul as anything we "really" experience: because of it we are richer or poorer, are sensitive to one need more or less, and are eventually guided a little by our dream-habits in broad daylight and even in the most cheerful moments occupying our waking spirit.
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I never have known a man of ordinary common-sense who did not urge upon his sons, from earliest childhood, doctrines of economy and the practice of accumulation.
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No pecuniary consideration is more urgent, than the regular redemption and discharge of the public debt: on none can delay be more injurious, or an economy of time more valuable.
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Most who have been looking at the fourth quarter view that as a blip rather than a trend and expect a continued strong economy.
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I think this is a moment of a lot of possibilities, and openings. Occupy and the 99% movement are really going to break through, and we are going to create a new economy, an economy that we need that works for everyone. Where everyone works, everyone counts and everyone contributes.
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I'm going to continue to talk about what is important to the people of Connecticut which is jobs, getting people back to work, the economy.
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We can tell the general public that the gold and foreign currency reserves of the Central Bank are not designed to finance the economy, but rather to ensure foreign trade turnover. Therefore, we need this level to be able to provide the necessary foreign trade turnover for such an economy as Russia's for a period of at least three months.
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The financial crisis appears to be mostly behind us, and the economy seems to have stabilized and is expanding again.
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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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Although investors have been concerned with China's slowing growth rate, China remains one of the largest and fastest-growing economies in the world.
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Even if the economy recovers smartly for the rest of this year and the next, the ongoing slack in the economy may still lead to continuing disinflation.
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What our economy needs is direct job creation by the government and mortgage-debt relief for stressed consumers. What it very much does not need is a transfer of billions of dollars to corporations that have no intention of hiring anyone except more lobbyists.
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High leverage is unsafe, not just for a company but the entire economy... LBOs are reducing the safety. Management loses the power to do many things. It has no margin for error and less margin for additional risk.
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The impact on the broader economy and financial markets of the problems in the subprime markets seems likely to be contained.
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The Federal Reserve's job is to do the right thing, to take the long-run interest of the economy to heart, and that sometimes means being unpopular. But we have to do the right thing.
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I think it's important to look at what we need to do to get the economy going again. That's why I said new jobs with rising incomes, investments, not in more tax cuts that would add $5 trillion to the debt.
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The petty economies of the rich are just as amazing as the silly extravagances of the poor.
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It is true that the role of the state in the Russian economy may be too big today, but from the fiscal standpoint, it is not always practical to do this in a falling market.
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After several false starts, the economy is showing signs of sustained recovery.
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Folks in the bottom half of the economy are already squeezed hard. They will be bloodied and bankrupt if economic policy inadvertently induces a recession.
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Fiscal crises often turn into financial crises, dealing a blow to the real economy.
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There are 11 states in the United States that in the last 50 years instituted an income tax. So I looked at each of those 11 states over the last 50 years, and I took their current economic metrics and their metrics for the five years before they put in the progressive income tax... Every single state that introduced a progressive income tax has declined as an overall share of the U.S. economy.
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We feel led to caution . . . against forming the bad habit of incurring debt and taking upon themselves obligations which frequently burden them heavier than they can bear, and lead to the loss of their homes and other possessions. We know it is the fashion of the age to use credit to the utmost limit. . . . We, therefore, repeat our counsel . . . to shun debt. Be content with moderate gains, and be not misled by illusory hopes of acquiring wealth. . . . Let our children also be taught habits of economy, and not to indulge in tastes which they cannot gratify without running into debt.
