Quotes About Economy

The Republican Party looks at massive immigration, legal and illegal, as a source of cheap labor, satisfying a very important constituency.

In the past 40 years, the United States lost more than a million farmers and ranchers. Many of our farmers are aging. Today, only nine percent of family farm income comes from farming, and more and more of our farmers are looking elsewhere for their primary source of income.

Local and regional food systems are about opportunity.

In his first year in office, President Obama pulled us back from the brink of the greatest economic crisis since the Great Depression and worked to lay a new foundation for economic growth. The president identified three key strategies to build that lasting prosperity: innovation, investment, and education.

Let us build a 21st-century rural economy of cutting-edge companies and technologies that lead us to energy and food security. Such an investment will revitalize rural America, re-establish our moral leadership on climate security and eliminate our addiction to foreign oil.

Civil war tends to give a helping hand to the velocity of currency, Ukraine can attest to that. However, it is quite an unpleasant way to find the intrinsic value of worthlessness.

Government expands to absorb revenue - and then some.

The only way that I can see America ever becoming a strong nation again is to stop being a debtor nation and to begin spending less than is taxed on it's people.

There is nothing of any consequence in education, in the economy, in city planning, in social policy that does not concern black people.

The blunt truth about the politics of climate change is that no country will want to sacrifice its economy in order to meet this challenge.

Whatever Americans fondly believe, their government has always had its fingers in the economic pie. What distinguishes the USA from every other developed country has been the widespread belief to the contrary.

With the remaining 80 pesos, a Cuban has to pay around 15 pesos for the electric bill, 6 pesos for cooking gas, 5 pesos for water and sewer, and maybe 15–20 pesos if he or she is still paying for an apartment (although most people have finished paying their installments and own their dwellings). With

At eight dollars a month, the average Cuban would have to save his or her entire salary for a hundred years to buy a car. Since

The stock market has predicted nine out of the last five recessions.

it was not till the Industrial Revolution that wealth creation definitively replaced corruption as the best way to get rich.

So what does the Green New Deal mean? It's not entirely clear, which is what makes it a good slogan: it could mean a number of good things. But the main thrust, as I understand it, is that we should make a big move to tackle climate change, and that this move should accentuate the positive, not the negative. In particular, it should emphasize investments and subsidies, not carbon taxes.

Most obviously, the federal minimum wage, adjusted for inflation, has fallen by a third over the past half century, even as worker productivity has risen 150 percent.

Long, long ago, my great mentor in graduate school, the late Darb, he said if you're writing for a popular audience, you do not start by saying, 'Consider a small, open economy..' You say, 'In Belgium.

memories of the Depression faded, economists fell back in love with the old, idealized vision of an economy in which rational individuals interact in perfect markets, this time gussied up with fancy equations. The renewed romance with the idealized market was, to be sure, partly a response to shifting political winds

social democracy"—a market economy, but with a strong public social safety net and regulations that limit the range of actions businesses can take in pursuit of profit.

And Milton Friedman was wrong: in the face of a really big shock, which pushes the economy into a liquidity trap, the central bank can't prevent a depression.

In practice, you can't be a modern Republican in good standing unless you deny the reality of global warming, assert that it has natural causes, or insist that nothing can be done about it without destroying the economy. You also have to either accept or acquiesce in wild claims that the overwhelming evidence for climate change is a hoax, that it has been fabricated by a vast global conspiracy of scientists. Why

In other words, in American political discourse, anyone who wants to make life in a market economy less nasty, brutish, and short gets denounced as a socialist.

It is a bad thing to be in a recession, and a good thing to recover, but one should never confuse the rapid growth that takes place during a recovery with an improvement in the economy's long-term performance: once the economy is near capacity, growth is bound to slow down. Moreover, recessions and recoveries depend far more on the Federal Reserve than on the administration in power, and happen to Republicans and Democrats alike.