Economy Quotes

I'll go anywhere and I'll do whatever it takes to get this done. It's too important for Washington to screw this up. Now's the time for us to work on what we all agree to, which is let's keep middle-class taxes low. That's what our economy needs. That's what the American people deserve.

Any Government, like any family, can for a year spend a little more than it earns. But you and I know that a continuation of that habit means the poorhouse.

The farmer is the only man in our economy who buys everything at retail, sells everything at wholesale, and pays the freight both ways.

In recent years, we've become enamored with our own past success. Lulled into complacency by the glitter of our own achievements. We've become accustomed to the title of Military Superpower, forgetting the qualities that got us there. We've become accustomed to our economic dominance in the world, forgetting that it wasn't reckless deals and get rich quick schemes that got us where we are, but hard work and smart ideas, quality products and wise investments.

The Federal Government is the people and the budget is a reflection of their need.

When I graduated from high school, it was during the Depression and we had no money.

This economy doesn't work well without the lubrication of credit and trust.

Taxes should be proportioned to what may be annually spared by the individual.

It is increasingly clear that no matter what party is in power, so long as our national security needs keep rising, an economy hampered by restrictive tax rates will never produce enough jobs or enough profits.

Can anybody remember when the times were not hard and money not scarce?

In our seeking for economic and political progress, we all go up - or else we all go down.

The essential act of war is destruction, not necessarily of human lives, but of the products of human labor. War is a way of shattering to pieces, or pouring into the stratosphere, or sinking in the depths of the sea, materials which might otherwise be used to make the masses too comfortable, and hence, in the long run, too intelligent.

Any large extension of the Government into business affairs - no matter what the pretense and no matter how the the extension is labeled - will be bound to promote waste and put a curb on our prosperity and progress.

The immigration issue is, I recognize, one that generates a lot of passion, but it does not make sense for us to want to push talent out.

Unquestionably, there is progress. The average American now pays out twice as much in taxes as he formerly got in wages.

I am a huge bull on this country. We will not have a double-dip recession at all. I see our businesses coming back almost across the board.

True wealth is not a static thing. It is a living thing made out of the disposition of men to create and distribute the good things of life with rising standards of living.

If its individual citizens, to a man, are to be believed, it always is depressed, and always is stagnated, and always is at an alarming crisis, and never was otherwise; though as a body, they are ready to make oath upon the Evangelists, at any hour of the day or night, that it is the most thriving and prosperous of all countries on the habitable globe.

In short I must confide in you to take such care of the men under you as an economical householder would of his own family, doingevery thing within himself as far as he can, and calling for as few supplies as possible. The less you depend for supplies from this quarter, the less you will be disappointed.

If you would govern a state of a thousand chariots (a small-to-middle-size state), you must pay strict attention to business, be true to your word, be economical in expenditure and love the people.

That we are in the midst of crisis is now well understood. Our nation is at war, against a far-reaching network of violence and hatred. Our economy is badly weakened, a consequence of greed and irresponsibility on the part of some, but also our collective failure to make hard choices and prepare the nation for a new age. Homes have been lost; jobs shed; businesses shuttered. Our health care is too costly; our schools fail too many; and each day brings further evidence that the ways we use energy strengthen our adversaries and threaten our planet.

It strengthens the bonds between nations to have the same civil laws and the same monetary system.

I believe that banking institutions are more dangerous to our liberties than standing armies. Already they have raised up a moneyed aristocracy that has set the Government at defiance. The issuing power should be taken from the banks and restored to the people to whom it properly belongs.

All the capital employed in paper speculation is barren and useless, producing, like that on a gaming table, no accession to itself, and is withdrawn from commerce and agriculture where it would have produced addition to the common mass It nourishes in our citizens habits of vice and idleness instead of industry and morality It has furnished effectual means of corrupting such a portion of the legislature as turns the balance between the honest voters whichever way it is directed.

Here is my principle: Taxes shall be levied according to ability to pay. That is the only American principle.

Buy what thou hast no need of and ere long thou shalt sell thy necessities.

The serious problem is the education of the peasantry. The peasant economy is scattered, and the socialization of agriculture, judging by the Soviet Union's experience, will require a long time and painstaking work. Without socialization of agriculture, there can be no complete, consolidated socialism.

There are two ways to increase your wealth. Increase your means or decrease your wants. The best is to do both at the same time.

It's never paid to bet against America.

Wealth brings with it its own checks and balances. The basis of political economy is noninterference. The only safe rule is found in the self-adjusting meter of demand and supply. Open the doors of opportunity to talent and virtue and they will do themselves justice, and property will not be in bad hands. In a free and just commonwealth, property rushes from the idle and imbecile to the industrious, brave and persevering.

The peoples of many countries are being taxed to the point of poverty and starvation in order to enable Governments to engage in a mad race in armament which, if permitted to continue, may well result in war. This grave menace to the peace of the world is due in no small measure to the uncontrolled activities of the manufacturers and merchants of engines of destruction, and it it must be met by the concerted actions of the peoples of all Nations.

It isn’t enough just to scream at the Occupy Wall Street demonstrations. We need our political system to start reflecting this anger back into, 'How do we fix it? How do we get the economy going again?'

Invest in inflation. It is the only thing going up.

I love big business!

This was years ago, I think during the early [Ronald] Reagan years. I came up with a plan that everybody just pay $8.95 in taxes. Cheating would be allowed. But the incentive to cheat wouldn't be nearly as great if you only had to pay the $8.95. There were a few people who would have to pay hundreds of millions of dollars under this plan. I think it was Mark Goodson and Bill Todman, the guys who do the quiz shows. But almost everybody else would be off really cheap.

Capital and labor are both wild forces which require intelligent legislation to hold them in restriction.

What the American people hope -– what they deserve -– is for all of us, Democrats and Republicans, to work through our differences; to overcome the numbing weight of our politics. For while the people who sent us here have different backgrounds, different stories, different beliefs, the anxieties they face are the same. The aspirations they hold are shared: a job that pays the bills; a chance to get ahead; most of all, the ability to give their children a better life.

(I)t is highly questionable whether when 'Europe speaks with one voice', as we are so often told it is doing, anyone is really listening. Europe's reputation as a serious player in international affairs is unenviable. It is a feeble giant who desperate attempts to be taken seriously are largely risible. It has a weak currency and a sluggish inflexible economy, still much reliant on hidden protectionism. It has a shrinking, ageing, population and, with the exception of Britain, rather unimpressive armed forces and, not excepting Britain, muddled diplomacy.

We have to create that bridge for the future. And that means making sure we're paying attention to the wages of workers in countries, making sure that we're investing in their education and their skills.

The fact is, we'll never build a lasting economic recovery by going deeper into debt at a faster rate than we ever have before.

Land taxes is the thing. They got so high that there is no chance to make anything. Not only land but all property tax. You see in the old days, why the only thing they knew how to tax was land, or a house. Well, that condition went along for quite awhile, so even today the whole country tries to run its revenue on taxes on land. They never ask if the land makes anything. "It's land ain't it? Well tax it then."

Every economy is uncertain. Referring to this or any economy as 'uncertain' is an unnecessary and pessimistic redundancy.

There is some talk of lowering (the income tax), and they will have to. People are not making enough to pay it.

Believing that fundamental conditions of the country are sound and there is nothing in the business situation to warrant the destruction of values that has taken place on the exchanges during the past week, my son and I have for some days been purchasing sound common stocks. We are continuing and will continue our purchases in substantial amounts at levels which we believe represent sound investment values.

One of my favorite ideas is, never to keep an unnecessary soldier.

Now that knowledge is taking the place of capital as the driving force in organizations worldwide, it is all too easy to confuse data with knowledge and information technology with information.

An average English word is four letters and a half. By hard, honest labor I've dug all the large words out of my vocabulary and shaved it down till the average is three and a half... I never write metropolis for seven cents, because I can get the same money for city. I never write policeman, because I can get the same price for cop.... I never write valetudinarian at all, for not even hunger and wretchedness can humble me to the point where I will do a word like that for seven cents; I wouldn't do it for fifteen.

What has made America the wealthiest, most successful country on Earth historically has been our commitment to education.

Concentration of wealth and power has been built upon other people's money, other people's business, other people's labor. Under this concentration, independent business has been a menace to American society.

No pecuniary consideration is more urgent, than the regular redemption and discharge of the public debt: on none can delay be more injurious, or an economy of time more valuable.

Slowly, but surely, we are moving in the right direction. We're on the right track. The economy is getting stronger

Money is the representative of a certain quantity of corn or other commodity. It is so much warmth, so much bread.

If you can look back and say, "The economy's better. Our security's better. The environment's better. Our kids' education is better," if you can say that you've made things better, then considering all the challenges out there, you should feel good. But I'm the first to acknowledge that I did not crack the code in terms of reducing this partisan fever.

I have come to a resolution myself as I hope every good citizen will, never again to purchase any article of foreign manufacture which can be had of American make, be the difference of price what it may.

It is also in despair of being able to understand or make any productive contribution to the highly organised chaos of our politico-economic system that large numbers of people simply abandon political and social committments. They just let society be taken over by a pattern of organisation which is as self-proliferative as a weed, and whose ends and values are neither human nor instinctive but mechanical.

When George Bush came into office, we had surpluses. And now we have half-a-trillion-dollar deficit annually. When George Bush came into office, our national debt was around $5 trillion. It's now over $10 trillion. We've almost doubled it.

If everybody lives by the sweat of his brow, the earth will become a paradise.

Your profits are going to be cut down to a reasonably low level by taxation. Your income will be subject to higher taxes. Indeed in these days, when every available dollar should go to the war effort, I do not think that any American citizen should have a net income in excess of $25,000 per year after payment of taxes.

At the time we were funding our national debt, we heard much about "a public debt being a public blessing"; that the stock representing it was a creation of active capital for the aliment of commerce, manufactures and agriculture. This paradox was well adapted to the minds of believers in dreams.

I think the most important factor in getting out of the recession actually is just the regenerative capacity of - of American capitalism.