Quotes About Economy

Not wishing to be disturbed over moral issues of the political economy, Americans cling to the notion that the government is a sort of automatic machine, regulated by the balancing of competing interests.

What a sound money system does is to stabilize all the elements in it, and reduces the uncertainty that people confront. And the one thing all human beings do when they are confronted with uncertainty is pull back, withdraw, disengage, and that means economic activity, which is really dealing with people, just goes straight down.

Despite global economic concerns, other nations are continuing to push forward and invest in their space capabilities. A U.S. withdrawal from the industry will only allow others to surge in their own capabilities, potentially impacting our national security and technology competitiveness in the future.

America is a great power possessed of tremendous military might and a wide-ranging economy, but all this is built on an unstable foundation which can be targeted, with special attention to its obvious weak spots. If America is hit in one hundredth of these weak spots, God willing, it will stumble, wither away and relinquish world leadership.

Fear causes individuals to restrain their spending and firms to withhold investments; as a result, the economy weakens, confirming their fear and leading them to restrain spending further. The downturn deepens, and a vicious circle of despair takes hold.

We want to refocus Nigeria to make sure that basic infrastructure is provided. The environment is created for private investment, both within and direct foreign investment. So jobs will be created. That is my dream for Nigeria.

I see city finances within the context of an economic strategy... We are going to solve our financial problems by growing the economy, and I have rejected some corners that have called for a slash-and-burn approach, and I've rejected others who have called for raising taxes and leaving government as is.

Ultimately savings have to go somewhere and I think they will find their home in financial markets and within financial markets, a large part in equity.

Diplomacy is really far less important than the stock movements within Russia.

The U.S. economy is the global economic driver. And within the U.S. economy, the U.S. consumer is the global driver.

So in terms of the global economic footprint, let's just say China within the next decade and a bit is likely to emerge as the world's largest economy. Obviously its foreign policy and security policy footprint increases and that creates both challenges and opportunities for us all.

The American economy has always been driven by the entrepreneurial nature of its citizens, and blocking access to affordable health care will only suffocate growth within the small business sector of our economy.

This debt crisis coming to our country. The wall and tidal wave of debt that is befalling our nation. Medicare and Social Security go bankrupt within ten years, we have a debt that is looming so high that in the last year of President Obama's budget just the interest payments on our debt is $916 billion dollars.

We cannot, as a country, improve economically, socially, and culturally without quality education.

Without education, we are weaker economically. Without economic power, we are weaker in terms of national security. No great military power has ever remained so without great economic power.

Without food, we cannot survive, and that is why issues that affect the food industry are so important.

Without doubt, machinery has greatly increased the number of well-to-do idlers.

There isn't a bank in the world that could withstand a run. They all borrow short and lend long, regardless of what they say.

The right way to deal with a budget problem that was years in the making is by formulating a credible plan to reduce the deficit over time and as the economy is able to withstand the necessary fiscal belt-tightening. That is what President Obama is doing.

I am very, very optimistic that India is going to do well. Our economy has strong fundamentals, can withstand any cyclical winds.

The Keynesian idea is once again accepted that fiscal policy and deficit spending has a major role to play in guiding a market economy. I wish Friedman were still alive so he could witness how his extremism led to the defeat of his own ideas.

As a Saudi journalist starting my career right after the oil boom of the 1970s, I witnessed the phenomenal growth and expansion of Saudi businesses and the pivotal role the leaders of these firms played in building the modern Saudi economy.

If we are to depression-proof our economy we may need to pay more attention to the radical ideas and policies of those who witnessed the misery inflicted on so many during the 1930s.

Out of economic hardship can come change - we are suddenly cast onto our wits and our talents and our resources and our strengths, as we lose all the choices we once had.