Quotes About Economy

In the last 15 years, only 500,000 jobs have been created per year. So from a long time ago, every year 700,000 Mexicans have only three routes to take: migration, the informal economy and the path to antisocial behavior.

Frivolous lawsuits are booming in this county. The U.S. has more costs of litigation per person than any other industrialized nation in the world, and it is crippling our economy.

In 1994, Estonia became the first European country to adopt a flat tax, and its 26 percent flat tax dramatically energized what had been a faltering economy. Before adopting the flat tax, the Estonian economy was literally shrinking. In the eight years after 1994, Estonia experienced real economic growth - averaging 5.2 percent per year.

The number of electrical injuries cared for in hospitals in the US is estimated at as many as 50,000; the cost of these injuries on the US economy is estimated at over one billion dollars per year.

In 2003 Scotland had 36 new business registrations per 10,000 adults. It's still the same.

If you look at the creative economy in this country, it's per capita way bigger than any other in the world.

In fact, 80 percent of our domestic job growth comes from the small- and medium-sized business community.

I liken myself to Henry Ford and the auto industry, I give you 90 percent of what most people need.

If Congress adds 5 percent to the debt, then their pay should be cut by 5 percent.

Now, in the space of a year, we've spent 450 percent more for power than we did the year before, and bought essentially the same amount of power. This year, that number's likely to go up. That can't go on forever and have us continue to be the economic engine for America.

Only 4 percent of all the companies owned in Scotland have their head offices in Scotland.

How is the government going to run without people like us? We make 35 percent of the bread in this country, and that much of the margarine, and cooking oil, and all the other things.

More Americans own their home than ever before. Nearly 70 percent of American's are homeowners. So it is a good time for us to asses the positive impacts of homeownership on families, communities and on the nation's economy.

All of our competitors around the world, every country is investing more in infrastructure as a percentage of their GDP than we are. And down the road our children and grandchildren will have to compete with that more and more.

We must limit the perception that some institutions are either too big or too interconnected to fail.

Black music has become a commercial commodity. Live performances are not so accessible as they were previously. It use to be possible to go to the bar on the corner and hear music. It was available for a fifteen cent beer.

The historic dearth of labor was perhaps the central feature of the American economy in the seventeenth and eighteenth centuries.

The 1950s and 1960s had been a period of enormous growth, the highest in American history, maybe in economic history.

I am extremely bullish in the longer period.

Some people think that culture is overhyped and peripheral. A season of opera is less important than the refurbishment of a school, they say. Leaving aside the poverty of imagination and aspiration implicit in such a sentiment, it also ignores hardheaded economic reality: Britain, and London in particular, makes big money from culture.

Produce what you consume; draw from the native element the necessaries of life. Permit no vitiated taste to lead you into the indulgence of expensive luxuries, which can only be obtained by involving yourselves in debt.

Large financial institutions in this country will always play a role that is essential to our economic growth. But they must only be permitted to grow and interconnect, throughout our economy, under careful oversight and with a mechanism for allowing those connections to be broken safely.

An efficient economy does not perpetuate the misallocation of capital - it punishes it.

The United States appears to be a debtor nation in perpetuity.