Quotes About Economy

unemployment was not a mark of the lazy man; that the beggar did not beg because he would not work; that had once been the case in the England he knew best, but things were different now.

A penny saved is a penny earned.

Money is not the value for which goods are exchanged, but the value by which they are exchanged

credit, security passes, and other documents. It was a booming trade in the booming economy of Bombay, and we often worked through the dawn to satisfy the demand. And the business was generational: as licensing authorities and other bodies

Certainly, Africa accounts for only l % of world trade, and we cannot assure our development on our own.

Smoot and Hawley ginned up The Tariff Act of 1930 to get America back to work after the Stock Market Crash of '29. Instead, it destroyed trade so effectively that by 1932, American exports to Europe were just a third of what they had been in 1929. World trade fell two-thirds as other nations retaliated. Jobs evaporated.

Americans did not suffer alone. World trade overall fell two-thirds in the first few years of the Depression.

Stop exporting American jobs. Stop exporting American factories, and stop exporting American sovereignty and independence to global institutions like the World Trade Organization.

Too many countries that do not play by the free trade rules of the World Trade Organization - including, notably mercantilist China and monopolist Saudi Arabia - have been allowed in, to the detriment of both the WTO and the liberal trading environment it is supposed to sponsor.

The Clinton administration brought 65 cases from 1995 to 2000 before the World Trade Organization. The Bush administration has brought twelve. Twelve cases. They haven't even been able to stand up for our jobs.

The defining moment in American economic history is when Bill Clinton lobbied to get China into the World Trade Organization. It was the worst political and economic mistake in American history in the last 100 years.

As commerce secretary, I led the Clinton administration's effort to ensure China's entry into the World Trade Organization and the permanent normalization of trade between the U.S. and China - steps that produced a 76 percent increase in U.S. exports to China in just three years.

The World Trade Organization is an organization that defends trade interests. I think the problem is less that they exist. The problem is that internationally we've only got an organization that protects trade interests. Surely we need some kind of counterweight to protect human rights and the environment, too.

I teach MBAs. And I noticed, starting a few years after China joined the World Trade Organization, that a lot of my students were no longer employed. They were still coming to get their MBA, but they'd lost their jobs. And I started to ask questions why. And, at that point, all roads were leading to Beijing.

I had very good support from Democrats and Republicans all throughout my administration. I had a very high batting average. We added more jobs per year in my four years than any other president since the Second World War.

If you want another world war, run up unsustainable debts.

The problem started before World War I. The gold standard was working fairly well. But it broke down because of the war and what happened in the 1920s. And then the U.S. started to become so dominant in the world, with the dollar becoming the central currency after the 1930s, the whole world economy shifted.

We've used up a lot of bullets. And we talk about stimulus. But the truth is, we're running a federal deficit that's 9 percent of GDP. That is stimulative as all get out. It's more stimulative than any policy we've followed since World War II.

World War II broke out in 1939, and many people credit that war with saving the economy.

A national government using New Deal programs and the massive defense spending beginning with World War II and continuing through the Cold War was Johnson's vehicle for expanding the Southern economy and making it, as he hoped, one of the more prosperous regions of the country.

In World War II the hostility and the exasperation resulting from the statification of the economy and the strain of the war have been directed as much against the government as against private capital.

Since World War II, inflation - the apparently inexorable rise in the prices of goods and services - has been the bane of central bankers.

We are spending more as a percentage of our entire economy, almost 25 percent, than we have spent at any time since the end of World War II.

Japan rose from the ashes of World War II as a 'trading state,' the model for export-led growth. It is not clear that the old export model of growth will be sustainable in a more 'balanced' global economy that does not rely so heavily on the U.S. consumer.