Income Quotes - page 12
There are 47% of the people who will vote for the president no matter what. All right, there are 47% who are with him, who are dependent upon government, who believe that they are victims, who believe the government has a responsibility to care for them, who believe that they are entitled to health care, to food, to housing, to you-name-it. That that's an entitlement. And the government should give it to them. And they will vote for this president no matter what.
And I mean the president starts off with 48, 49, 4- he starts off with a huge number. These are people who pay no income tax. 47% of Americans pay no income tax. So our message of low taxes - doesn't connect. So he'll be out there talking about tax cuts for the rich.
I mean, that's what they sell every four years. And so my job is not to worry about those people. I'll never convince them they should take personal responsibility and care for their lives.
Mitt Romney
In the mass movement into the suburban areas a new kind of community was produced, which caricatured both the historic city and the archetypal suburban refuge: a multitude of uniform, unidentifiable houses, lined up inflexibly, at uniform distances, on uniform roads, in a treeless communal waste, inhabited by people of the same class, the same income, the same age group, witnessing the same television performances, eating the same tasteless prefabricated foods, from the same freezers, conforming in every outward and inward respect to a common mold, manufactured in the central metropolis. Thus the ultimate effect of the suburban escape in our time is, ironically, a low-grade uniform environment from which escape is impossible.
Lewis Mumford
For both long and short periods there is a consistent though not precise relation between the rate of growth of the quantity of money and the rate of growth of nominal income. If the quantity of money grows rapidly, so will nominal income, and conversely. The relation is much closer for long than for short periods.
Milton Friedman
Prices perform three functions in organizing economic activity: first, they transmit information; second, they provide an incentive to adopt those methods of production that are least costly and thereby use available resources for the most highly valued pur poses; third, they determine who gets how much of the product-the distribution of income. These three functions are closely in terrelated.
Milton Friedman
Over short periods, the relation between growth in money and growth in nominal income is often hard to see, partly because the relation is less close for short than for long periods, but mostly because it takes time for changes in monetary growth to affect income. And how long a time is itself variable. Today's income growth is not closely related to today's monetary growth; it depends on what has been happening to money in the past. What happens to money today affects what is going to happen to income in the future.
Milton Friedman
The average income of blacks here is far higher than the average income of all the people in the Soviet Union. The official government definition of the poverty line in the U. S. is higher than the average income in the Soviet Union; it's higher than the income received by 90 percent of the people on the world's surface. Now, that doesn't mean blacks aren't subject to injustice; of course they are.
Milton Friedman
The term money has two very different meanings in popular discourse. We often speak of someone "making money," when we really mean that he or she is receiving an income. We do not mean that he or she has a printing press in the basement churning out greenbacked pieces of paper. In this use, money is a synonym for income or receipts; it refers to a flow, to income or receipts per week or per year. We also speak of someone's having money in his or her pocket or in a safe-deposit box or on deposit at a bank. In that use, money refers to an asset, a component of one's total wealth. Put differently, the first use refers to an item on a profit-and-loss statement, the second to an item on a balance sheet.
Milton Friedman
I have been expecting the bull of the benefice of Medole which your Excellency gave me for my son Pomponio last year, and seeing that the matter is delayed beyond measure, and what is worse, that I have not received the income of the benefice - I find myself in a state of great discontent. It would be greatly to my dishonour and infamy, if my boy should be forced to change the priest's dress, which he wears with so much pleasure, after all Venice has been made acquainted with the gift made to him of this benefice by your Excellency.
Titian
Here's why I would recommend against [selling the U. S. stock markets short].... Retail brokers normally require investors to hold any short-sale proceeds in U. S. dollars, usually earning no interest. The dollar, seen through my famously jaundiced eye, could lose more purchasing power than the security you sold short lost value.... I've got a much better idea, which is to borrow dollars and spend them to acquire foreign income-producing assets, using the income to pay the interest.
Peter Schiff
My dear friends, now and forever, I renounce, have renounced and will go on renouncing copyrights. My only wish is that these books be sold at low price, affordable to the poor, affordable to all the children of God. I wish that even the poorest, most destitute citizen be able to obtain these books with the few pennies he carries in his pocket. In fact, I do not have any income; I do not demand anything in exchange for my works. Whosoever wants to publish them, let him publish for the benefit of deiseased mankind.
Samael Aun Weor
I don't believe that right now this country needs a draft. I've proposed a 5% tax break for all people who serve honorably in the military. [...] If you go to the typical income of a veteran, it's about $30-something-thousand, so it's not a high-cost program. And it's targeted to people who've served. And one of the things that that would do is to bring more people from across class lines into the military.
Jim Webb
Correctly anticipating the rapid growth of living standards, moreover, Keynes predicted that within a century people's material wants would be satiated, and so per capita consumption would stop growing. People would work less, but only because their need for income, and more important their desire for it, was less. And then the challenge to society would be the management of unprecedented voluntary leisure. This was a popular 1930s theme--think of Huxley's Brave New World--but it underestimated the ability of business to create new wants, and new goods and services to fulfill them.
Richard Posner
