This is where I would like to bring up the subject of equity. Economic statistics show that although there has been GDP growth over the past 23 years, the number of families living in poverty has increased - up to about 5 million families or 27.6 million people. This demonstrates that benefits of that growth have accrued to the wealthy. The rich have gotten richer and the poor have gotten poorer. This is clearly unacceptable to all of us.
Francis EscuderoRelated topics
equity growth living million number past people poor poverty rich show statistics subject unacceptable wealthy years gdpRelated quotes
The real "haves" are they who can acquire freedom, self-confidence, and even riches without depriving others of them. They acquire all of these by developing and applying their potentialities. On the other hand, the real "have nots" are they who cannot have aught except by depriving others of it. They can feel free only by diminishing the freedom of others, self-confident by spreading fear and dependence among others, and rich by making others poor.
Eric Hoffer
The history of the past fifty years, and longer, indicates that a diversified holding of representative common stocks will prove more profitable over a stretch of years than a bond portfolio, with one important provisio-that the shares must be purchased at reasonable market levels, that is, levels that are reasonable in the light of fairly well-defined standards derived from past experience.
Benjamin Graham
With all humility, I think, 'Whatsoever thy hand findeth to do, do it with thy might.' Infinitely more important than the vain attempt to love one's neighbor as one's self. If you want to hit a bird on the wing, you must have all your will in focus, you must not be thinking about yourself, and equally, you must not be thinking about your neighbor you must be living in your eye on that bird. Every achievement is a bird on the wing.
Oliver Wendell Holmes Jr.
I've been making a list of the things they don't teach you at school. They don't teach you how to love somebody. They don't teach you how to be famous. They don't teach you how to be rich or how to be poor. They don't teach you how to walk away from someone you don't love any longer. They don't teach you how to know what's going on in someone else's mind. They don't teach you what to say to someone who's dying. They don't teach you anything worth knowing.
Neil Gaiman
[T]here could be no guarantee in a free market that the interests of race or state as Hitler defined them would take priority over the interests of businessmen or consumers. After 1933 the role of the state in regulating and directing economic life increased sharply, first in order to encourage economic revival, then to divert economic resources to the growth of German military power... [which] led, in an unplanned, incremental way, to the establishment of a kind of command economy.
Richard Overy
