Quotes About Economics

Medicare is expensive because we spend a lot on healthcare. We spend a lot on healthcare basically just because we want to, and doing so has been very good to a lot of people who work in healthcare fields.

When companies minimize their costs, they can spend more on R & D and marketing. It's just very logical.

I think there's a need for services that will make it easier for Chinese consumers to spend globally. The Bitcoin network could be an attractive solution.

It's disrespectful to tell the French in the morning that you're going to reduce the debt, in the evening that you're not going to make any savings, and the next morning, after thinking about it, that you're going to spend more.

It's always possible to spend more money.

Most people who are poor have their money in a bank account that earns negligible interest. With the rapid inflation that we have because of rampant government spending, the people are losing purchasing power - they're actually becoming poorer.

You cannot just keep borrowing more and more and keep spending more and more without eventually having a day of reckoning.

You know, it doesn't take a genius in the private sector to know that you can save literally hundreds of billions of dollars in federal spending if you can make it more responsive. That's the main job.

If you are spending too much, you cut back on spending and you raise your revenues. And that's it.

The reason Ronald Reagan gets slammed for having so badly exacerbated the problem of deficit spending is that he so plainly deserves it.

When government borrowing and spending go up, private borrowing and spending go down.

The anti-New Deal line is wrong as a matter of economics. F.D.R.'s spending programs did help the economy and created millions of new jobs.

If borrowing and spending all this money led to more jobs than we would be at full employment already.

They realize that spending millions to save billions is just good business.

Hiding spending does not reduce spending.

You cannot go out and say, oh, I am going to raise all this spending, but it's not going to cost anybody any money.

I am perfectly happy to compromise and work with anybody: Republicans, Democrats, Libertarians - I'll work with Martians if - and the if is critical - they're willing to cut spending and reduce the debt.

Republicans know that government spending creates jobs. They just want that spending to be funneled to their projects and districts... and they certainly don't want to say it out loud.

The American system of political spending is so unregulated that it might make Adam Smith rethink free markets.

People didn't stop spending money, they just spent it on things that complement their PCs.

The Sherman Act is similar in the economics sphere to the Bill of Rights in the personal sphere.

To me, its seems necessary to rediscover - and the energy to do so exists - that even the political and economic spheres need moral responsibility, a responsibility that is born in man's heart and, in the end, has to do with the presence or absence of God.

We entered the 20th century trying to deal with three ideas purporting to define or describe or explain three spheres of action, development and conflict: Darwin on the natural world, Freud on the internal world, Marx on the economic world.

The idea of confidence, of the emotions of the population, is an incredibly important one in economics. John Maynard Keynes called it 'animal spirit.' And if people are feeling generally good about the future, they're more likely to spend money, to start new companies; companies are more likely to hire people, make investments.