Quotes About Economy

might be forced to dump them on the market for whatever they could get.

delinquencies and defaults increased to levels not seen since the Depression,

As doubts grew about the GSEs,

If growth did not pick up enough to boost consumer and business confidence, the economy might tumble into a new recession.

On the other hand, job growth remained flat and inflation was still very low.

I wanted to avoid the perception of a "Bernanke put" if at all possible.

European unemployment has been concentrated among the young,

the stigma associated with borrowing from the Fed.

But the situation at the GSEs was getting more dire by the day. "The

But I thought a slowdown or modest reversal of house price appreciation was more likely than a sharp decline.

we had limited room on our balance sheet to buy more securities

despite experts' warnings about the economic consequences. Likewise,

why isn't cutting government spending a viable alternative to maintaining high taxes?

Yes, Americans can still get credit for cars and trucks and refrigerators, and those businesses are doing well. But just try to get a home loan now.

Americans are terrified because so many of them have been laid off in recent years and months and they fear that they may be next. Even if they have not been laid off or have not known anyone laid off, they definitely know someone who has lost his home.

by 2025, 440 cities with a collective population of 600 million (7% of all people) will account for half of worldwide gross domestic product.

The late twentieth century saw the creation of "boomburbs" in America—vast suburbs of over 100,000 people that had long-term population-growth figures in double digits. Their population increase and economic vitality outpaced cities. Mesa, a suburb of Phoenix, Arizona, for example, has a population of over half a million, making it bigger than the cities of Miami, St. Louis and Minneapolis.

I find that whenever I am in power, or my father was in power, somehow good things happen. The economy picks up, we have good rains, water comes, people have crops. I think the reason this happens is that we want to give love and we receive love.

Economy is the aestethic of practical life - morality is its logic

The definition of fascism is The marriage of corporation and state

We're not planning for the future. If we continue to spend ourselves into oblivion, we are going to destroy this nation.

Health care is one-sixth of our economy. If the government can control that, they can control just about everything. We need to understand what is going on, because there are much more economic models that can be used to give us good health care than what we have now.

If you would be wealthy, think of saving as well as getting.

Laws cannot prevent extravagance; and this perhaps is not always an evil to the public. A shilling spent idly by a fool may be picked up by a wiser person, who knows better what to do with it; it is, therefore, not lost.