Quotes About Economy

Every company that comes into the office for appropriations, the first thing I ask is how many jobs are you going to bring to the 5th District that are not already there.

I can tell you what happens to countries that go bankrupt. I've been to Argentina. I'm familiar with the history of Mexico and Great Britain. We'll see the same things here shortly: inflation, huge tax increases, capital flight and, eventually, capital controls.

I believe that the history of Fed policymaking is that, you know, there are times when we need to raise rates.

I think the inflation prospects for the U.S. over the next five or six, seven years, are quite serious. You cannot have a bumper crop in apples without the value or the price of each apple falling. The Fed has had the largest increase in the monetary base in the history of the U.S., from colonial times to the present, times ten.

We have built a government so large and so expensive here in Washington that not even the richest economy in the history of mankind can afford it. That's how big it's gotten.

The history of Iranian foreign investment in the past, their terms were always quite challenging, quite difficult.

If you talk to people about the history of the games business during economic downturns, they'll tell you that it's a recession-proof industry.

If we're going to be successful and be considered credible in the Hispanic community, we've got to denounce some of the ignorant statements that are made about Hispanics and the contributions we make, whether it's to the military, our nation's economy, or to the history of Texas.

I think the most important factor in getting out of the recession actually is just the regenerative capacity of - of American capitalism.

I suggest to you that increasing the size of America's economic pie - which can be achieved only if everybody has a seat at the table - is the most important challenge facing our country today.

The most important thing for small businesses is getting the economy back on its feet. That - the key driver of small business activity is demand for their product, and that is what we are trying to do, getting the economy back on its feet. That's far more important than other factors.

Finally, let's keep well in mind the most important lesson of the auto rescue: While government should stay away from the private sector as much as possible, markets do occasionally fail, and when they do government can play a constructive role, as it did in the case of the auto rescue.

When you look at the growth of the human economy and its expected growth in the twenty-first century, I expect health will be the most important market of all. Especially as we move from a concept of health which focuses on healing the sick to a concept of upgrading the healthy.

America's growth historically has been fueled mostly by investment, education, productivity, innovation and immigration. The one thing that doesn't seem to have anything to do with America's growth rate is a brutal work schedule.

The one thing people seem to forget is the more oil we have, the lower the price and the lower the profits the oil companies make.

Now listen, the one thing about agriculture is we've lost our manufacturing, we've lost a great deal of jobs overseas, lots of our industry. The last thing in the world we need to do is lose the ability to produce our food.

The Chinese banking system is built on quicksand and that's the one thing a lot of people don't realize. Everybody seems to think it is a free and clear open checkbook. It's not. The banking system in China is extremely fragile.

The people of Hong Kong are criticized for only being interested in business, but it's the only thing they've been allowed to do.

Russia does not have a modern economy: it's a petro-power. The only thing it sells that the world wants to buy is oil and natural gas. When was the last time anyone bought a Russian computer? A Russian car? A Russian cell phone? Russia is so dependent on high energy prices that if oil falls below $100 a barrel, the Kremlin can't meet payroll.

Frankly, the only thing China has in easy abundance is people and dirty coal. Neither is the asset they're made out to be.

The problem with the economy isn't that people aren't paying their fair share of taxes.

The problem with Mr. Obama is that you get more regulation and it's a disincentive for businessmen to hire people. You probably also get higher taxes, so in terms of the economy, he is very negative in my view.

The problem with the auto industry is layered upon the lack of consumer confidence. People are not buying cars. I don't care whether they're or American cars, or international cars.

The problem with money issued by any government is that its only value is what those in charge decree.