Quotes About Economy

If the experiences of such countries are any guide, the replacement of a formal economy with an informal one—unregulated and unpoliced—may have a self-perpetuating effect of pushing the $2-a-day poor further and further out of the American mainstream.

There is inevitably a chicken-and-the-egg character to any debate as to whether economic growth produces its appropriate mental character or is produced by it. Most sociologically-minded historians are naturally biased in favour of the view that changes in beliefs are preceded by changes in social and economic structure.

We were so poor the only family pet we could afford was dust bunnies.

Second-hand gold is as good as new.

I think women as well as men are concerned about jobs and the economy and spending and, and other issues. They're concerned that when their kids graduate from college they have an economy and they have a future in this country and they, they have the same opportunity that we've had and our grandparents have had.

Many of the jobs that current systems of education were designed for are fast disappearing.

To be globally competitive, developed countries must offer something qualitatively different, that is, something that cannot be obtained at a lower cost in developing countries. And that something is certainly not great test scores in a few subjects or the so-called basic skills."4

I don't think anyone can speculate what will happen with respect to oil prices and gas prices because they are set on the global economy.

Ecology teaches us "that the total economy of the planet cannot be guided by an efficient rationale of exploitation alone," wrote Burke more than 70 years ago, "but that the exploiting part must eventually suffer if it too greatly disturbs the balance of the whole.

With laissez-faire and price atomic, Ecology's Uneconomic, But with another kind of logic Economy's Unecologic.

The stock market is almost magical because it always leads the economy. It goes down long before the economy drops and then heads higher long before the economy rebounds. It always has.

Sure enough, America was shocked by Babson's words: "More people are borrowing and speculating today than ever in our history. Sooner or later a crash is coming which will take in the leading stocks and cause a decline of from 60 to 80 points in the Dow Jones barometer. Wise are those investors who get out of debt and reef their sails.

They bought blocks of bonds priced from 80 to 82 cents on the dollar, paying for them in bank notes worth half their face value!

The Law thereby prohibits three contemporary monetary phenomena that have contributed so heavily to the economically precarious position of modern nations: fiat money, fractional reserve banking, and deficit spending.

I have faith in the market when we get the rules right.

We use competitive markets to arrange for delivery of our food supply.

The biggest disappointment was that I wasn't able to communicate properly to the American people -- with the proper conviction and the proper ability -- where the country really stood. The pessimists, the naysayers, the change-wanters overwhelmed me, and I wasn't good enough. I wasn't articulate enough to have the country understand that we weren't in a recession, that we were in a rather booming economy in the last half of my Presidency. That was a personal shortcoming, a failure on my path.

More and more of our imports come from overseas.

Our government has found that the most effective way to control a person is not by the ballot or the bullet, but rather by the 'bucket'. Today, in a country that fought a revolution to rid itself of a repressive government and excessive taxes, government takes 40 percent of everything we earn in the form of taxes.

Joe had always considered individual words as finite unites of currency, and he believed in savings. He never wanted to waste or unnecessarily expends words. To Joe, words meant things. They should be spent wisely.

The gap between financial capital of US$190 trillion looking for highly profitable investment opportunities and a real economy and social sector without access to the financial capital needed to operate and grow is at the heart of the worldwide economic crisis.

On a different plane there were the less idealistic, less publicized aims of Northern policy during the war and the period following. These aims centered in the protection of a sectional economy and numerous privileged interests, and were reflected in new statutes regarding taxes, money, tariffs, banks, land, railroads, subsidies, all placed upon the law books while the South was out of the Union.

This drew frowns from Steve, still smarting from the rejection of his cappuccino. The menu stated clearly in small print that the Economy Dinner for one was not to be shared. Steve, I knew, took these issues seriously. He worked 18 hours a day, seven days a week, and consequently saw life as a grim struggle for existence. Oddly, I hardly work at all, yet share a similar philosophy.

Joe had always considered individual words as finite units of currency, and he believed in savings.