Quotes About Economy

No longer would other nations, other economies, be taking business and jobs away from the U.S. economy by enacting their own valuable tax reform and simplification measures. As these nations have enjoyed steady gains, we have distracted ourselves with a cacophony of politicians, from both sides of the aisle, yammering about their favorite ideas for using our federal tax code to punish people they don't like while rewarding people and industries they do.

Americans now eat more than one million chickens per hour.

How much would you pay to launch our economy? How much would you pay for the universe?

Inflation was held to between 50 and 60 percent a year, mainly by more than doubling the commodity imports AID financed for the South Vietnamese economy ($ 650 million in 1966) and by shipping millions of tons of American rice to a country that had been able to export rice as recently as 1964.

In sum, before an eighteenth-century boom in the African slave trade, between one-half and two-thirds of all early white immigrants to the British colonies in the Western Hemisphere came as unfree laborers, some 300,000 to 400,000 people.

There's no dignity, no decency, or health today for men that haven't got a job. All other things depend on work today.

The thing most worth doing in this modern world [is to] create jobs that men can work at, and be proud of, and make money by their work.

It is time we passed a balanced budget amendment and return this government to limited spending.

President Obama is the most successful food stamp president in American history. I would like to be the most successful paycheck president in American history.

money is a matter of belief, even faith: belief in the person paying us; belief in the person issuing the money he uses or the institution that honours his cheques or transfers. Money is not metal. It is trust inscribed. And it does not seem to matter much where it is inscribed: on silver, on clay, on paper, on a liquid crystal display.

but an elliptical tower with one gun and two carronades could be built for a fifth of the price,

The Web had turned out to be less the new home of Mind than the new home of Business. The

United States, along with Canada and the United Kingdom, has become a "plutonomy" where "economic growth is powered by, and largely consumed by, the wealthy few." Economists

Along Maine's Kennebec River alone, thirty-six companies operated fifty-three icehouses with a total capacity of a million tons. But over the next few decades, cheap electricity devastated the business, first by making the artificial production of ice more economical and then by spurring homeowners to replace their iceboxes with electric refrigerators. As Gavin Weightman writes in The Frozen-Water Trade, the "huge industry simply melted away.

In 1930, it hit 80 percent. Soon, it was over 90 percent. Only a handful of manufacturers, mainly those running big factories in remote locations, continued to produce their own current. Thanks to Samuel Insull, the age of the private power plant was over. The utility had triumphed.

sharecroppers operate happily in an attention economy while their overseers operate happily in a cash economy.

Some security experts noted that the countries that nurture terrorists are disproportionally those where women are marginalized. The reason there are so many Muslim terrorists, they argued, has little to do with the Koran but a great deal to do with the lack of robust female participation in the economy and society of many Islamic countries.

The gains in wealth and income have gone largely to a tiny share of the population, as is common knowledge by now. The people in the top 0.1 percent did fantastically well after 1980, those in the top 1 percent did very well, those below them in the top 10 percent enjoyed incomes growing at the same pace as the economy and those in the bottom 90 percent all lost ground—their incomes grew more slowly than the overall economy—during the last four decades.

THE AMERICAN ECONOMY HAS DAZZLED the world and its stock markets have created great riches, but the median American household is actually poorer in net worth today than it was in 2000.

Average hourly wages were actually lower in 2018 ($22.65) than they had been forty-five years earlier in 1973 ($23.68 in today's prices), according to Bureau of Labor Statistics data.

The gains in wealth and income have gone largely to a tiny share of the population, as is common knowledge by now. The people in the top 0.1 percent did fantastically well after 1980, those in the top 1 percent did very well, those below them in the top 10 percent enjoyed incomes growing at the same pace as the economy and those in the bottom 90 percent all lost ground—their incomes grew more slowly than the overall economy—during the last four decades.

OVER THE PAST two generations, America has suffered a quiet catastrophe. That catastrophe is the collapse of work—for men. In the half century between 1965 and 2015, work rates for the American male spiraled relentlessly downward, and an ominous migration commenced: a "flight from work," in which ever-growing numbers of working-age men exited the labor force altogether.

Since the end of the twentieth century, the United States has witnessed an ominous and growing divergence among three trends that should ordinarily move together: wealth, output, and employment.