Quotes About Economy

Economies are risky. Some industries rise, and others implode, like housing. Some places get richer, and others drop, like Atlantic City. Some people get new jobs that pay better, many lose their jobs or their wages.

When taxpayers are subsidizing low wages, people should be aware of that. We're subsidizing an economy. We're not subsidizing people. They are doing a hard day's work. When we're not rewarding work actively, there's something wrong with the system.

It is probable that for a long time to come the mass of mankind in civilized countries will find it both necessary and advantageous to labor for wages, and to accept the condition of hired laborers.

Over the long term, the only way we're going to raise wages, grow the economy, and improve American competitiveness is by investing in our people - especially their educations.

The higher the unemployment rate, the more leverage I have to 'encourage' you to 'do what it takes' to keep your job. And so you work even more hours, pushing unemployment up and wages down. And that, my friends, is one of the little tricks that keeps you poor and me rich.

What an economy really wants, after all, is not more investment per se but better investment. It wants capital to flow to companies that will create value - not in the form of a rising stock price but in the form of more goods for less cost, more jobs, and rising wages - by enhancing productivity.

Rent and the cost of essentials like food and child care are rising so fast that wages are not keeping up.

The advantages of globalization are actually much like the advantages of technological improvement. They have very similar effects: they raise output in countries, raise productivity, create more jobs, raise wages, and lower prices of products in the world economy.

A four percent growth strategy means you fix a convoluted tax code. You get in and you change every aspect of regulations that are job killers. You get rid of Obamacare and replace it with something that doesn't suppress wages and kill jobs.

Nafta has been responsible for a race to the bottom in standards across North America, with working conditions declining along with wages.

It's time to wake up to the fact that being part of the single market is the best insurance policy we could have against a race to the bottom on wages, rights and protections that threaten British workers and that there is no 'jobs first Brexit' without it.

One of the reasons that Social Security is in so much trouble is that the only funding stream comes from people who get a wage. The people who get wages is declining dramatically. Most of the income in this country is made by people at the top who get dividends and - and capital gains.

My view is we need the best environment for businesses to grow. That is the best opportunity to ensure wages can lift, not artificially but sustainably.

Since NAFTA was put in place, Mexico has lost 1.9 million jobs and most Mexicans' real wages have fallen.

I hope we can agree that it's better to cut taxes substantially, robustly, for the middle class as opposed to the top 1 percent. That would lift people's wages or take-home pay. And when you do that, you automatically are reducing somewhat the big costs in their lives.

Destroy or take away the employment and wages of those artisans - which the corn laws in a great measure do - and you will, ere long, render the land in Great Britain of as little value as it is in other countries.

In addition to joblessness, of course, by the working of supply and demand, when you have a larger number of people unemployed, wages do not rise at the normal level, so that we had last year a drop in real wages.

If you look at the US economy over the last 15-20 years wages have been stagnating or even declining.

Trade is very good for the country. It's very good for the GDP. It's good for wages, but it doesn't mean it's always good for every business. So we should have trade assistance, which is about relocation, re-education, and training.

We've got tremendous dumping of steel into our country and aluminum into our country - all manner of products being sold in our country at below cost, stealing American jobs or depressing wages.

There must be a major economic recovery package which puts Americans to work at decent wages.

Let me tell you the story about Massachusetts under Governor Romney. It did fall to 47th out of 50 in jobs creation. Wages went down when they were going up in the rest of the country. He left his successor with debt and a deficit, and manufacturing jobs left that state at twice the rate as the rest of the country.

Inflation outstripped real wages for people who work for pay from others.

As America's head coach, President Obama needs to make some big and smart adjustments to jump-start economic growth and business investment, stimulate job creation, and get wages up for ordinary Americans.