Quotes About Economy

I'm one of those people who believes that part of the greatness of the United States is our private sector. It's what we do as private citizens for ourselves and our companies. And our economy is essentially the wonder of the world because, in fact, it's produced so much for us over the years. That's not government that does that.

What I wonder is what would happen in California, say, if all the Mexicans left from one day to the next?

It was a recession when I graduated, but I was so unequipped to have a job anyway, I don't think it would have mattered if the economy was booming. I think I was expecting bad jobs. But as it went on through my 20s, I began to wonder how things were going to turn out.

It would be wonderful if the public sector were always great, or always terrible; or if the private sector were always great, or always terrible. Alas, reality is more complicated than comforting caricatures. Governments fail, and corporations fail.

For one thing, one of the wonderful things that we now have is instead of the huge budget surpluses that President Clinton left us with, we now have these huge deficits that we're going to be facing into the future.

Markets can do many wonderful things, which is why I'm glad to live in a capitalist country.

Melbourne is wonderfully altered since I last saw it. There are some very fair buildings in it now, and things are a little cheaper than they used to be.

As economists bandy about terms like 'recapitalization,' 'credit lines,' and 'liquidity,' families are facing brutal cuts to their social services and welfare payments, losing their homes, wondering how their kids will make their way in the world.

If you've been wondering where the next gold rush is going to take place, look up at the night sky to our closest celestial neighbor. The next economic boom might just be a mere 240,000 miles away on the bella luna.

One wonders whether the Obama re-election campaign may be on the right track as it seeks to apply the you-break-it-you-own-it rule to Bush and the American economy. Hardly a day goes by without President Obama or his surrogates arguing that it takes longer than four years to recover from an economic crisis so long in the making.

Ontario wood prices are among the highest in the world.

The job numbers are positive. We've had more jobs created now than were lost during the recession. We're seeing that the creation, we're seeing those numbers not only grow but shift toward the private sector and shift toward full-time employment and these are all signs that the recovery is taking some hold but we're not out of woods.

When I was starting, there were wool mills in the U.S. that could make you anything. The U.S. used to produce the most beautiful cotton denim in the world. Now all that is gone.

Ninety-five percent of our wool is going to China.

I am suspicious of the idea of a new paradigm, to use that word, an entirely new structure of the economy.

A manufacturing nation is, in every sense of the word, dependent on others. Look to England! Cut off from the markets of the world, misery and ruin await her.

A beautiful deleveraging balances the three options. In other words, there is a certain amount of austerity, there is a certain amount of debt restructuring, and there is a certain amount of printing of money. When done in the right mix, it isn't dramatic.

I will talk about two sets of things. One is how productivity and collaboration are reinventing the nature of work, and how this will be very important for the global economy. And two, data. In other words, the profound impact of digital technology that stems from data and the data feedback loop.

I had never thought of myself as a dramatist, and, for really good technical results, the thought came too late: a man of letters has become too wordy to write economically for the stage.

Unemployment is capitalism's way of getting you to plant a garden.

One man's wage increase is another man's price increase.

The economy in the Valley will need to grow if students want to come back and work with their specialized degrees. We need to develop more to create more opportunities.

Today a minimum wage earner has to work a day and a half just to pay for a full tank of gas. That is simply shameful.

Some economists believe that the Greeks' work ethic and thrift can pull them through. But the classical virtues can do nothing to offset the dearth of innovation that plagues the economy.