Quotes About Economy

And taking more money out of the private economy and having the government perform as it has poorly done with the stimulus I don't think is the right way to go.

The truth of the matter of is that stimulus money not only doesn't stimulate; it actually reduces output.

I think stimulus money is an absolute mistake.

Trillions of dollars are being spent in the name of 'saving' the economy: bailouts, 'stimulus,' omnibus spending bills, budgets, government takeovers of the auto, health care and energy industries, all of which require ever more spending.

I have actively opposed every bailout, every rebate check, every so called 'stimulus.'

But the world is ever more interdependent. Stock markets and economies rise and fall together. Confidence is the key to prosperity. Insecurity spreads like contagion. So people crave stability and order.

People's jobs are the biggest asset that they have. The net present value of your job is worth more than your house or your stock portfolio. As people decide whether they're going to buy a car, they're more concerned about whether they have a job and are likely to have a job next year.

Stock prices have reached what looks like a permanently high plateau.

Like a bank run, a decline in stock prices creates its own momentum.

I invested in many companies, and I'm happy this one worked. This is capitalism. You invest in stock, it goes up, it goes down. You know, if you don't like capitalism, you don't like making money with stock, move to Cuba or China.

It has become cheaper to look for oil on the floor of the New York Stock Exchange than in the ground.

People don't like the car business. They like going to car sales, but they don't like the stock of the car companies.

When valuation confidence falls, it means that stock markets are perceived as overpriced.

If you put tariffs in place, it creates inflation. If you put inflation in place, you have to raise interest rates. You raise interest rates, and stock markets shouldn't be so high.

Participation in the economy through stock ownership is a pretty important way of keeping the divide between the haves and have-nots from growing.

The stock market is a giant distraction from the business of investing.

History proves... that a smart central bank can protect the economy and the financial sector from the nastier side effects of a stock market collapse.

Technology investment drove growth in the 1990s, both directly and by fueling a rising stock market that led to increased consumer spending.

There is a disconnect between the performance in stock market and the performance in many companies.

The stock market is overpriced. Everything is overpriced. Junk is king.

If Tung Chee-hwa dies, the stock market will take off.

The reality is that business and investment spending are the true leading indicators of the economy and the stock market. If you want to know where the stock market is headed, forget about consumer spending and retail sales figures. Look to business spending, price inflation, interest rates, and productivity gains.

We had a booming stock market in 1929 and then went into the world's greatest depression. We have a booming stock market in 1999. Will the bubble somehow burst, and then we enter depression? Well, some things are not different.

The culture of self-gratification and deregulation that began during the Clinton years and continued under President George W. Bush led to the bursting of one stock market bubble at the turn of the century and a full-scale financial crash less than a decade later.