Economy Quotes

In this new world economy, national boundaries are increasingly becoming obsolete.

To preserve our independence, we must not let our rulers load us with perpetual debt. We must make our election between economy and liberty, or profusion and servitude.

[High income tax rates] not only check consumption but discourage investment and encourage...the avoidance of taxes [rather] than the production of goods.[...]Our present tax system...reduces the financial incentives for personal effort, investment, and risk-taking.

When the economy is still struggling, putting people back to work, finding ways to spur economic activity, ultimately can help to reduce the structural deficits and debts that countries experience.

The primary aim of modern warfare ... is to use up the products of the machine without raising the general standard of living.

In five days, you can turn the page on policies that put greed and irresponsibility on Wall Street before the hard work and sacrifice of folks on Main Street. In five days, you can choose policies that invest in our middle class, and create new jobs, and grow this economy, so that everyone has a chance to succeed, not just the CEO, but the secretary and janitor, not just the factory owner, but the men and women on the factory floor.

It looks to me like the candidates are trying to relieve the farmer of his vote, instead of his debts.

I think confidence will come back.

Lower rates of taxation will stimulate economic activity and so raise the levels of personal and corporate income as to yield within a few years an increased - not a reduced - flow of revenues to the federal government.

The importation of foreigners into a country that has as many inhabitants as the present employments and provisions for subsistence will bear, will be in the end no increase of people, unless the new comers have more industry and frugality than the natives, and then they will provide more subsistence, and increase in the country; but they will gradually eat the natives out. Nor is it necessary to bring in foreigners to fill up any occasional vacancy in a country for such vacancy will soon be filled by natural generation.

We estimate the wisdom of nations by seeing what they did with their surplus capital.

This mad rush for wealth must cease and the labourer must be assured not only of a living wage but, also a daily task that is not mere drudgery.

Paper money has had the effect in your State that it ever will have, to ruin commerce, oppress the honest, and open a door to every species of fraud and injustice.

The true friend of property, the true conservative, is he who insists that property shall be the servant and not the master of the commonwealth; who insists that the creature of man’s making shall be the servant and not the master of the man who made it. The citizens of the United States must effectively control the mighty commercial forces which they have called into being. There can be no effective control of corporations while their political activity remains. To put an end to it will be neither a short nor an easy task, but it can be done.

I take it that it is best for all to leave each man free to acquire property as fast as he can. Some will get wealthy. I dont believe in a law to prevent a man from getting rich; it would do more harm than good.

Are we going to take the hands of the federal government completely off any effort to adjust the growing of national crops, and go right straight back to the old principle that every farmer is a lord of his own farm and can do anything he wants, raise anything, any old time, in any quantity, and sell any time he wants?

[Avoid] likewise the accumulation of debt.

I'm a warrior for the middle class.

Ours is a system of corporate socialism, where companies capitalize their profits and socialize their losses…in effect, they tax you for their accidents, bungling, boondoggles, and mismanagement, just like a government. We should be able to deselect them.

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. ... Cherish public credit. One method of preserving it is to use it as sparingly as possible: avoiding occasions of expence (and) avoiding likewise the accumulation of debt ... not ungenerously throwing upon posterity the burthen which we ourselves ought to bear.

Even people on the liberal side are starting to worry about going off a fiscal cliff.

If you were successful, somebody along the line gave you some help... Somebody helped to create this unbelievable American system that we have that allowed you to thrive. Somebody invested in roads and bridges. If you’ve got a business - you didn’t build that. Somebody else made that happen.

For we, the people, understand that our country cannot succeed when a shrinking few do very well and a growing many barely make it.

The sun of liberty is set; you must light up the candle of industry and economy.

Capital exploits the labour of a few to multiply itself.

The problem is not that people are taxed too little, the problem is that government spends too much.

They realize that in thirty-four months we have built up new instruments of public power. In the hands of a peoples Government this power is wholesome and proper. But in the hands of political puppets of an economic autocracy such power would provide shackles for the liberties of the people.

Those who make their living by collecting taxes cause the people to starve; when the people starve, the tax collectors, having no one to tax, starve also

The black man in North America was economically sick and that was evident in one simple fact: as a consumer, he got less than his share, and as a producer gave least. The black American today shows us the perfect parasite image - the black tick under the delusion that he is progressing because he rides on the udder of the fat, three-stomached cow that is white America.

What is true, and I think that we can't deny it, is that some of the same concerns about globalization, about technology, rapid social change that were reflected in Brexit, that's been reflected in some of the debates in Germany and France and other places, that those exist in the United States as well. My view is that over the long term, over the next 10, 15, 20 years, if we are able to address the legitimate economic concerns of those who feel left behind by globalization, then many of these tensions will be reduced. And we will see a world that is less divided.

When it comes to the budget, we know that we shouldn't be cutting more on core investments, like education, that are going to help us grow in the future. And we've already seen the deficit cut in half. It's going down faster than any time in the last 60 years. So why would we make more cuts in education, more cuts in basic research? Nobody thinks that's a good idea.

Spending on the military doesn't increase the deficit.

Modern war is so expensive that we feel trade to be a better avenue to plunder; but modern man inherits all the innate pugnacity and all the love of glory of his ancestors.

One man should not be afraid of improving his posessions, lest they be taken away from him, or another deterred by high taxes from starting a new business. Rather, the Prince should be ready to reward men who want to do these things and those who endeavour in any way to increase the prosperity of their city or their state.

The nation is prosperous on the whole, but how much prosperity is there in a hole?

A respect for the rights of other peoples to determine their forms of government and their economy will not weaken our democracy. It will inevitably strengthen it.

Alexander Hamilton started the U.S. Treasury with nothing, and that was the closest our country has ever been to being even.

The school is the last expenditure upon which America should be willing to economize.

John Kerry believes in an America where hard work is rewarded.

Teach economy. That is one of the first and highest virtues. It begins with saving money.

The way out of the depression is to start spending and doing things.

Excessive (population) growth may reduce output per worker, repress levels of living for the masses and engender strife

I call the Lancashire trade immoral, because it was raised and is sustained on the ruin of millions of India's peasants.

Our practical choice is not between a tax-cut deficit and a budgetary surplus. It is between two kinds of deficits: a chronic deficit of inertia, as the unwanted result of inadequate revenues and a restricted economy; or a temporary deficit of transition, resulting from a tax cut designed to boost the economy, increase tax revenues, and achieve -- and I believe this can be done -- a budget surplus. The first type of deficit is a sign of waste and weakness; the second reflects an investment in the future.

A country of a thousand war-chariots cannot be administered unless the ruler attends strictly to business, punctually observes his promises, is economical in expenditure, loves the people, and uses the labor of the peasantry only at the proper times of year.

Finally, in our progress toward a resumption of work we require two safeguards against a return of the evils of the old order: there must be a strict supervision of all banking and credits and investments; there must be an end to speculation with other people's money, and there must be provision for an adequate but sound currency.

The essential act of war is destruction, not necessarily of human lives, but of the products of human labor.

We invested an additional $12 billion into community banks, because we know community banks are in the community, and understand the needs and desires of that community as well as the talent and capacity of community.

The journalists think that they cannot say too much in favor of such "improvements" in husbandry; it is a safe theme, like piety;but as for the beauty of one of these "model farms," I would as lief see a patent churn and a man turning it. They are, commonly, places merely where somebody is making money, it may be counterfeiting.

I was alarmed at my doctor's report: He said I was sound as a dollar.

The system of banking have[for]ever reprobated. I contemplate it as a blot left in all our Constitutions, which, if not covered, will end in their destruction, which is already hit by the gamblers in corruption, and is sweeping away in its progress the fortunes and morals of our citizens.

To the second end, we hold that minimum wage commissions should be established in the Nation and in each State to inquire into wages paid in various industries and to determine the standard which the public ought to sanction as a minimum; and we believe that, as a present installment of what we hope for in the future, there should be at once established in the Nation and its several States minimum standards for the wages of women, taking the present Massachusetts law as a basis from which to start and on which to improve.

Recession doesn't deserve the right to exist. There are just too many things to be done in science and engineering to be bogged down by temporary economic dislocations.

If I went in debt a million dollars every time I committed genocide, I'd be our economy.

Americans want students to get the best education possible. We want schools to prepare children to become good citizens and members of a prosperous American economy.

India's trade deficit is because of excess of import over exports.

The world is agreed that labor is the source from which human wants are mainly supplied. There is no dispute upon this point.

I did not think I would see the day when, you know, an AIG would not be able to have its checks clear.

The spinning wheel and the spinning wheel alone will solve, if anything will solve, the problem of the deepening poverty of India.

I'm enormously interested in freedom and retaining the right to have whatever economy we want and to shape it as we want and a having sufficient Democracy so that the people actually hold their Government in their own hands.