Quotes About Economy

China saves too much, produces too much, sells too much to Americans and consumes too little.

As we get better at things, we need less people to produce the things we really need, but what do we do with the rest of the people? They have to be doing something, too, to buy from those few which are doing the really basic stuff, and so that's why we need to be continually producing new stuff.

Our competitors outside Europe are manufacturing goods cheaper and better. Through innovation, other countries are producing new products which we do not make yet, but which we could.

How much greater would their contributions to the U.S. economy be if U.S. copyright owners could access foreign markets otherwise dominated by pirate product?

By 2030, up to 10 percent of the world's gross domestic product could be linked to space in some way.

In its best prewar year, Europe with almost 300 million people had a gross national product of 150 billion dollars. In that same year, the United States with 150 million people had a gross national product of 300 billion dollars.

Production is the only answer to inflation.

Protectionist politicians cannot stand the notion of a fossil-fuel-rich America maintaining record levels of production through exports.

America's moved so much of its production and manufacturing offshore, it's become a nation of middlemen.

Manufacturing capacity is not a rigid level against which one bounces. When you are dealing with a world economy, with a flexibility to employ production facilities other than one's own, then the concept of capacity is vaguer.

Developing the locally-run industry is very important in increasing the production of consumer goods.

The consumption and production of energy is a major component of the global economy.

People forget that a huge proportion of our jobs still depend on agricultural production in Australia so of course there are exports. That's easily overlooked.

There are a lot of people who don't contribute anything to consumption and production.

Each dollar Mexico exports to the U.S. has a content of American production of 40¢.

If we save people from HIV/AIDS, if we save them from malaria, it means they can form the base of production for our economy.

Despite its many critics, hydraulic fracturing will change the nature of energy production.

Our private-sector work force is the most industrious, innovative, productive, and ambitious in the world.

The financial doctrines so zealously followed by American companies might help optimize capital when it is scarce. But capital is abundant. If we are to see our economy really grow, we need to encourage migratory capital to become productive capital - capital invested for the long-term in empowering innovations.

A less healthy America is not going to be as productive.

As our farms and factories grew more efficient, they accounted for a shrinking share of our economy. And the more productive agriculture and manufacturing became, the fewer people they employed.

When you increase productivity, economies become better - local economies become better, society becomes better.

If we boost productivity, we can improve economic growth.

Globally, manufacturing jobs are on the decline, simply because productivity growth has outpaced growth in demand.