Economy Quotes - page 82
American clipper ships opened the British ports to free trade. Half a century of American smuggling and rebellion and costly ineffectual blockades; seven years of war in America, and the loss of the thirteen colonies; and all the sound and sensible arguments of English liberals and economists, could not break down the British planned economy. American clipper ships did it.
Rose Wilder Lane
Keynesian economics - the go - to theory for those who like government at the controls of the economy - is in the forefront of the ongoing debate on fiscal - stimulus packages. For example, in true Keynesian spirit, Agriculture Secretary Tom Vilsack said recently that food stamps were an "economic stimulus" and that "every dollar of benefits generates $1.84 in the economy in terms of economic activity." Many observers may see how this idea-that one can magically get back more than one puts in - conflicts with what I will call "regular economics."
Robert Barro
Erdogan may have dreamt of a one-party system with himself at the helm far into the future. That, however, is not on the cards. Going in such a direction could deal the coup de grace to Turkey's already sick economy by drying up foreign direct investment and fast developing trade links with Europe and North America. What Erdogan can do is to build a "one-and-a-half party” system in which the AKP will set the agenda for the remainder of the decade while opposition parties provide the "half” needed to maintain the appearance of parliamentary democracy. A "one-and-a-half party” system isn't unprecedented. Mexico tried it for half a century. Japan has lived with it since the end of the Second World War. It is also the model that Vladimir Putin has imposed in Russia. The failed coup has set Turkish democracy back by at least a decade. However, had it succeeded it might have caused an even longer and deeper setback.
Amir Taheri
In an earlier day, the rich lived at the expense of the poor, directly and unequivocally; in a modern economy, unproductive citizens increasingly live at the expense of productive ones-though in an equivocal way, since they are told, and believe, that they are disadvantaged and deserve more still. Today, in fact, a good half of the population of every modern nation is made up of people with little or no income, who are exempt from taxes and live, to a large extent, off the other half of the population, which pays taxes. If such a situation were to be radicalized, it could give rise to massive social conflict. The eminently plausible free-market thesis of exploitation by the unproductive would then have prevailed over the much less promising socialist thesis of the exploitation of labor by capital.
Peter Sloterdijk
You know, out-of-touch liberals like Barack Obama say they want a strong economy, but in everything they do, they show they don't like business very much. But the economy, of course, is simply the product of all the businesses of the nation added together. So it's a bit like saying you like an omelet, but you don't like eggs.
Mitt Romney
In the richest country in the history of the world, this Obama economy has crushed the middle class. Family income has fallen by $4,000, but health insurance premiums are higher, food prices are higher, utility bills are higher, and gasoline prices have doubled. Today more Americans wake up in poverty than ever before.
Mitt Romney
I give up. Game over. The blame game is not over. Try as I may to get this administration to move on and claim ownership for this economy it's still, still blaming the prior administration for this economy. More than a year in still copping out. The mess we inherited, the bailouts we had to figure out, the banks that went bust, not on our watch but their watch, blah, blah, blah.
Neil Cavuto
