Quotes About Economy

It's very easy for people to be critical of President Obama's first term, but let's face it, he didn't exactly inherit the country in the best shape.

We're committed to working with Congress to doing what the president said he was always going to do, which is cut the deficit in half over the - over his first term.

When I became governor, spending actually increased 28 percent my first term. Revenue increased 42 percent my first term without raising anybody's taxes. We did it because we had more taxpayers with more taxable income. That's how you get the revenue up. We did that without raising anybody's taxes.

I would like to see this group in this Congress be starting the process to get ourselves on long term fiscal strong footing.

We agree with Simpson and Bowles and others who have looked at this. What's necessary is to stabilize the debt and then work from there. You can't balance the budget in the short term because to do that would be to ratchet down the economy.

The federal government has never created one job that is sustainable long term. It creates government project work but not creating real work where people are.

In the long term, Greece is an important market for us.

A more productive economy in the long term will bring us higher tax revenues, but that requires long-term investment in infrastructure and the skills necessary to grow a balanced economy.

We are going to serve our full term; there will be no snap election, and we are going to do our best to ensure that 2016 is going to be a good economic year.

It certainly would be helpful going forward for deficit reduction efforts to focus on the medium term while not subtracting from the impetus we need to keep a fragile economy moving forward.

One: balance the budget now, not later. Two: Get Americans jobs by ending illegal immigration and making legal immigration harder. Lastly: Impose term limits.

Black money is a cancer in our economic system, not yet terminal or life-threatening.

This ought to be a season for cooperation in terms of pushing our economy forward, job creation, steadying the middle class, and laying the groundwork for a better future. And that's what we want to work on with Republicans and Democrats.

I would put our legislative and foreign policy accomplishments in our first two years against any president - with the possible exceptions of Johnson, FDR, and Lincoln - just in terms of what we've gotten done in modern history. But, you know, but when it comes to the economy, we've got a lot more work to do. And we're gonna keep on at it.

Manufacturing still has the greatest multiplier effect, in terms of job creation, of any sector of the economy.

Sometimes, if a country's currency is overvalued in real terms, and it looks like the current account is going to be in deficit for the foreseeable future, devaluation can make sense.

I think I'd work on making sure that Canadians have opportunities to find good jobs, to grow, to gain stability in terms of pensions. The reality is that Canadians don't feel that our economy is working for us.

We've become a debtor nation. I don't mean just on fixed-loan terms, but we own increasingly less abroad than is owned from abroad here.

When certain branches of the economy become obsolete, as in the case of the steel industry, not only do jobs disappear, which is obviously a terrible social hardship, but certain cultures also disappear.

After all these years, it's still amazing what Obama is allowed to get away with. He says low gas prices in 2009 were caused by a terrible economy, but then claims that the lower number of illegal aliens crossing the border is because of his border policies, not the same lousy economy.

Once we open the door to the plutonium economy, we expose ourselves to absolutely terrible, horrifying risks from these people.

Double-digit inflation is a terrible thing - and it got up to 14 or 15 percent on a monthly basis for a while, shortly after I became chairman of the Fed.

As much as the banking system may not be terribly popular, it is an essential part of the economy.

I think local shopping areas and markets are terribly important, both for tradespeople and the local feeling of an area.