Quotes About Economy

Remember, 2000 was the year of the dot-com bust. The telecom industry lost about $2 trillion in market capital at that time.

It's very difficult to explain to a normal working citizen the implications of what $18 trillion in debt means and what it means when the Federal Reserve buys the U.S. Treasury bonds to finance our loss every month.

But the point you need to know is that no president at war cut taxes $1.5 trillion, like Bush did.

What's interesting is there are $12 billion of breaks in the energy bill that passed, yet we see that the sixth major oil companies in America last year made $1.1 trillion.

It is a foregone opportunity that we could have a trillion dollars more of income for the United States if we were producing at capacity rather than falling so far short of it.

You can't pay for healthcare if we're sending a trillion dollars a year to dictators.

Trade carried by sea has grown fourfold since 1970 and is still growing. In 2011, the 360 commercial ports of the United States took in international goods worth $1.73 trillion, or eighty times the value of all U.S. trade in 1960.

When George W. Bush entered office, the national debt was $5 trillion. When he left, it was $10 trillion. I think the administration spent too much money.

Barack Obama and Hillary Clinton have left us with $19 trillion in debt.

It's time to permanently lower America's tax gate so that the $2 trillion in stranded U.S. profits can flow back into America to be invested in new jobs, research and growth.

When you're talking about long-term deficit reduction, $4 trillion worth, entitlement reform needs to be part of it.

I want to share with the American people that President Bush and the Republican majority in just 4 years have borrowed $1.05 trillion from foreign nations. That is selling our country to other nations because of the spending that is going on.

In an era of billion-person countries and trillion-pound economies, we need to find ways to amplify our voice. We are most likely to be heard when the Chinese negotiate with a £10 trillion E.U., not a £1.5 trillion Britain.

President Obama has almost doubled our national debt to more than $19 trillion, and growing. And yet, what do we have to show for it? Our roads and bridges are falling apart, our airports are in Third World condition, and forty-three million Americans are on food stamps.

The number of jobs created under President Barack Obama's stimulus turned out to be fewer than the number we would have had if the government had done nothing - according to the Obama administration's own analysis. So we got $9 trillion of debt with almost nothing to pay for it.

When President Bush left office, the deficit was approximately $500 billion. It is now approximately now $1.5 trillion. In other words, President Obama has essentially tripled the deficit.

Common sense solutions to lowering your gasoline bills can go far. Carpooling, taking fewer or shorter road trips, and ensuring that your tires are fully inflated can all help stop the pinch at the pump.

The more you travel, the better you get at it. It sounds silly, but with experience you learn how to pack the right way. I remember one of my first trips abroad, travelling around Europe by rail, fresh out of high school. I brought all these books with me and a paint set. I really had too much stuff, so I've learnt to be more economical.

One-sided national economic triumphs cannot be achieved in the increasingly interwoven global economy without precipitating calamitous consequences for everyone.

Work always triumphs over dependency, as anyone who is engaging in the economy can attest.

Taxes are not trivial - they're a huge portion of this overall economy. And that's why I focused on them.

Prices are always lower when the troops are in the street.

The tropical island of Puerto Rico couldn't be more different than America's rust belt or the mountains of Appalachia, but here too live Americans who feel forgotten by our leaders and left behind by our economy.

I tell the government, if people have no jobs, you are in trouble. Government will be in trouble. My job is to help more people have jobs.