Quotes About Economy

Sector-specific price declines, uncomfortable as they may be for producers in that sector, are generally not a problem for the economy as a whole and do not constitute deflation.

I feel very uncomfortable with respect to looking at inflation.

Deng Xiaoping made a calculation. He bet on demographics. What he knew was that China had this enormous population of young, underemployed people, people who he could move from the farms to the coast and put them to work in factories, and that would be the lifeblood of China's economy.

Look how many millions of people are underemployed or have lost their jobs. The last thing I'm going to do is play politics with their future.

Never underestimate the value of cold cash.

Looking ahead, I believe that the underlying importance of higher education, of science, of technology, of research and scholarship to our quality of life, to the strength of our economy, to our security in many dimensions will continue to be the most important message.

In Europe, we see the underlying strength of the economy, especially in southern European countries.

Sometimes, we use the term 'growth' as a number and sometimes as an abstraction, but the underlying implication is always that, if the country grows at a certain rate, at the end there will be a pot of gold for everyone.

The degree of leverage now being reversed is staggering, and the underlying global imbalances - notably between the savers and the spenders - will require long and painful adjustment.

China needs a currency that reflects underlying economic fundamentals.

The financial crisis should not become an excuse to raise taxes, which would only undermine the economic growth required to regain our strength.

The goal of the government is to guarantee the place of Greece in the eurozone against those who want to undermine it.

It appears that the Obama Administration is attempting to silence public comments and once again pander to extremist mining opponents seeking to undermine a bipartisan jobs bill that is estimated to create approximately 3,700 new jobs and generate $60 billion dollars for our economy.

If people do not think we are serious on the economy or about supporting great business, withdrawing from the world, not being strong on our international alliances... I think that could further undermine support for us.

President Trump is trying to avoid war through economic pressure. Our so-called allies are undermining that pressure and in the process making war more likely.

It is simply not possible to achieve the 'freedom' from E.U. economic institutions that Brexiters want without undermining Britain's economy and security.

If you want to understand geology, study earthquakes. If you want to understand the economy, study the Depression.

Most of us understand that innovation is enormously important. It's the only insurance against irrelevance. It's the only guarantee of long-term customer loyalty. It's the only strategy for out-performing a dismal economy.

The changing economic situation, the changing global market means it is understandable that employers are constantly raising the bar. It is challenging the education system to come up with ever higher standards to meet the expectation of employers.

The European Union is an institution that is in the interest of big business, not the European people. So it's understandable that some people thought we should leave.

I became a Communist by studying capitalist political economy, and when I had some understanding of that problem, it actually seemed to me so absurd, so irrational, so inhuman, that I simply began to elaborate on my own formulas for production and distribution.

I was in charge of the Bureau of Labor Statistics. So I had some of the most brilliant mathematical statistical minds in the country, who would put together the modern technology, if you like, of understanding the economy and tracking it and trying to influence it.

There is a state that is able to understand the demand in the economy. That state should use prices as an instrument for implementation of this understanding.

The simple model of a bridge is great, and you could not build a bridge without understanding it well. But if you're actually building the bridge, you need to know the site. A lot of economics is like that: When prices go up, demand is gonna go down. You can't forget that and run your economy. But it's not the only thing you need to know.