Quotes About Economy

The steel cartel is dead; but the cartel idea survives.

The record is plain: the cartel system retarded the development of a domestic synthetic rubber industry, and, in so doing, jeopardized national security.

International trade in chemical products is not free. . . . Joint control of the market became the general rule; free competition, the exception.

If the terriers and barriffs (sic) are torn down, this economy will grow.

A company that can't sell what it makes can't stay in business. Eventually, inevitably, the marketplace will collapse and a global depression will hit that will make the last depression look like good times." Kelly

The Spanish economic system is like a game of musical chairs, in which there are only half as many seats as there are performers.

Living in the past has one thing in its favour - it's cheaper.

The best is the cheapest.

Oats, n.s. A grain which in England is generally given to horses, but in Scotland supports the people.

Governments last as long as the under-taxed can defend themselves against the over-taxed.

Prosperity is just around the corner.

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

Trade is the mother of money.

Can I borrow fifty bucks?" "What?" "I'm short until payday." "You're short every day.

Reagan never worried about whether jobs were shovel-ready. He understood that the work of creating jobs was not the government's, let alone his, but that of the nation's employers. They would create the jobs that made economic sense, even if only burly men could do them.

In fact, Bush's tax cuts increased the amount of revenue collected by more than 30 percent from his first year as president to his last, just as Reagan's and Kennedy's tax cuts increased federal revenue after they were passed. As economist Thomas Sowell argued, "Obama knew then that tax rates and tax revenues do not automatically move in the same direction. In other words, he is lying when he talks as if tax rates and tax revenues move together.

There's whole television stations, magazines, organizations devoted to analyzing every up-and-down twist and turn, IPO, everything that happens in the formal economy. And yet the informal economy, these black and gray markets, actually make up for almost half of the global economy. And there's so little information that we have about them.

Donald Trump got elected because, in his twisted way, he pointed out the huge troubles in our economy and our democracy.

Vladimir Putin is leading a dying country. Vladimir Putin's regime exports three things: petroleum products - coal, natural gas, and hydrocarbon energy in the form of petroleum. Number two, it exports arms, and, number three, it exports people.

A penny saved is two pence clear.

The middle class today would be poor by the standards of the 1950s. Today, with two people working, they would still live paycheck to paycheck.

There are two things that happen when there is a recession. One, more people watch telly and two, people buy more raw foodstuffs, instead of processed foods.

In today's gig economy, where jobs have been replaced by 'portfolios of projects,' most people find themselves doing more things less well for two-thirds of the money.

Bernanke and company are trying to reflate the economy with almost stated objective of inflation at 2 percent and higher in order to provide some type of safety margin for a future recession. That's where they want to go.