Quotes About Economy

any data more than a week old is history and is not useful for making the fast decisions necessitated by our highly connected global economy.

There are roughly 28 million firms in the US, of which only 4% ever reach more than $1 million in revenue. Of those firms, only about one out of 10, or 0.4% of all companies, ever make it to $10 million in revenue, and only 17,000 companies surpass $50 million. Finishing out the list, the top 2,500 firms in the US are larger than $500 million, and the top 500 public and private firms exceed $5 billion. Data indicate that there are similar ratios in other countries.

Largely ignored, by gurus and governments, are the older, high-impact growth firms. Though they generate almost all of the innovation and job growth in economies, there are not enough of them to garner the favorable attention of politicians or book publishers. For more on this topic, read Verne's interview in Business Review Europe titled "Give the Gazelles a Break".

And a free state that does not employ armies of unproductive snoops, spies, and politically correct commissars does not have its most daring and innovative minds crippled or its economy hobbled by costly hordes of unproductive trimmers.

The irony, of course, is that today's immigrants are not risking their lives to reach America because they think it is striving for a solar/wind-powered managed economy or institutionalizes racial and ethnic reparatory college admissions and hiring or is systematically destroying the statues and monuments of its past; they are doing so because they sense its market capitalism and Constitution allow the lower and middle classes economic opportunities and freedoms rarely found elsewhere.

What is there that is cheap now? Everything is dear. There is nothing in the world that is cheap except trouble; you can get that for nothing, the trouble of the world!

Three years ago, I began writing this novel about hard times in America: the worst environmental disaster in our history; the collapse of the economy; the effect of massive unemployment. Never in my wildest dreams did I imagine that the Great Depression would become so relevant in our modern lives, that I would see so many people out of work, in need, frightened for the future.

But even as the Depression had worsened, food prices had gone up. Five gallons of kerosene cost a dollar. Two pounds of butter cost fifty cents. Six pounds of rice cost nearly half a dollar.

complaining about cutbacks at the paper plant. He

During the 1980s, prudent New Deal rules concerning mortgage loans were repealed, allowing people to get home loans with too little money down and interest rates that would "adjust" to unaffordable heights. So during the 1980s, the average price of a house in America doubled.

MIT economist David Autor has written, "but a serious challenge in determining who owns it and how to share it. Our chief economic problem will be one of distribution

MIT economist David Autor has written, "but a serious challenge in determining who owns it and how to share it. Our chief economic problem will be one of distribution, not scarcity.

From the 1940s through the '70s—when our richest citizens were paying rates of 70 and 80 and 90 percent on the millionth dollars they earned each year—U.S. productivity and GDP per person and median household income after inflation all doubled.

over those three decades, while the number of students grew by half, the amount of money they borrowed each year increased twelvefold. For the financial industry, a small revenue stream turned into a great roaring river.

In all this, financialization has done what people back in the 1950s and '60s and '70s worried and warned that the Communists would do if they took over: centralize control of the economy, turn Americans into interchangeable cogs serving an inhumane system, and allow only a well-connected elite to live well. Extreme capitalism resembles Communism: yet another whopping irony.

Once a large majority of Americans came to believe that the federal government was uninspiring or incompetent or corrupt or evil, as they rapidly had over the previous decade, it was going to be a lot easier for the economic right to persuade people that regulating big business and taxing the rich were just plain wrong.

Of all American workers making less than $40,000 a year, one in eight are bound by noncompete agreements.

do would share in the additional bounty; that many millions of middle-class jobs and careers would vanish, along with fixed private pensions and reliable healthcare; that a college degree would simultaneously become unaffordable and almost essential to earning a good income;

States without any legal minimum wage, or with one below the federal minimum, are Alabama, Georgia, Louisiana, Mississippi, South Carolina, Tennessee, and Wyoming.

In all this, financialization has done what people back in the 1950s and '60s and '70s worried and warned that the Communists would do if they took over: centralize control of the economy, turn Americans into interchangeable cogs serving an inhumane system, and allow only a well-connected elite to live well. Extreme Capitalism resembles Communism: yet another whopping irony.

The federal minimum wage is frozen for the entire decade, longer than ever, which translates to an effective pay cut of one-third for America's lowest-paid workers.

90% of the jobs advertised in newspapers and portals are fake and do not exist and therefore job seekers will not get often response from them. You can see the same ADs featuring time and again every week for last many months. Companies seem to be under pressure from govt to give ad and project a picture that there are jobs in market. Economy is doing so bad in India

Amongst all investments like Saving Accounts, Fixed Deposit, NSC, Bonds, Gold, Mutual Funds, SIP, Real Estate property, Stock Shares it has been found that Shares & Mutual Funds have been the worst and people are feeling like being looted in broad daylight

Another example to prove that this stock market's bumper downfall is manipulated to boost privatization is that private banks share price has not fallen so much as much as that of govt banks. Attempt is being made to sell all PSUs to greedy private players by Government