Recovery Quotes - page 3
Great Britain, will now have to determine its attitude toward the conflict, and it has the following possibilities: It can accept that the situation will never return to what it was before April 2, in which case we would maintain an attitude of negotiating for the recovery of our sovereignty. Or it can proceed toward the restoration of its colonial regime, with which there would be no security or definitive peace, and the responsibility of deepening the conflict would fall on Great Britain. In any case, the nation united, on its feet, motivated by the sentiment a united cause, will continue marching toward improving and strengthening itself.
Leopoldo Galtieri
I would ask you all to be on your guard against the enemy within. There are those who would stop at nothing to injure our economy and our defence. The price of liberty is still eternal vigilance. I know what a fine part the trade unionists of this country have played in our recovery effort. When they are asked to take unofficial action, which may hurt this country, let them just consider carefully whether the motives of those who ask them to strike are really concerned with the interests of the workers.
Clement Attlee
I did say in print, in February, 1929 that there was no hope for economic recovery in Europe before American interest rates came down. That wouldn't be until the American boom collapsed - which was likely to happen within the next few months.And this did, in fact, happen in October 1929.
What made me expect this, of course, was one of my main theoretical beliefs - that an inflationary boom cannot be maintained indefinitely. I was sure that a very unstable situation was created by the artificial prolongation of the boom in 1927, when the Federal Reserve tried to stave off a collapse by credit expansion.
Friedrich Hayek
Money spent on vegetative patients is money not spent on preventive care, such as flu shots and mammograms. Each night in an ICU bed for such patients is a night that another patient with a genuine prognosis for recovery is denied such high-end care. Every dollar exhausted on patients who will never wake up again is a dollar not devoted to finding a cure for cancer.
Jacob M. Appel
The Filipino, it seems, has lost his soul, his dignity, and his courage. We have come upon a phase of our history when ideals are only a veneer for greed and power, (in public and private affairs) when devotion to duty and dedication to a public trust are to be weighted at all times against private advantages and personal gain, and when loyalties can be traded...Our government is in the iron grip of venality, its treasury is barren, its resources are wasted, its civil service is slothful and indifferent, its armed forces demoralized and its councils sterile. We are in crisis. You know that the government treasury is empty. Only by severe self-denial will there be hope for recovery within the next year...This nation can be great again. This I have said over and over. It is my articles of faith, and Divine Providence has willed that you and I can now translate this faith into deeds.
Ferdinand Marcos
Useful for physicians who wish to understand alcoholism and the recovery process, and to gain anecdotal evidence of this process, which is presented by using the words of recovering alcoholics....Can be of great value to those many physicians faced with individual patients who are drinking too much.
Arnold M. Ludwig
The economic history of the last half century offers two cases of serious international depressions in countries with an essential orientation towards a market economy: In the first half of the 1930ies and in the middle of the 1970ies. With some simplification one can say that in the former case recovery started after a few years without the aid of much conscious expansionist policy.
Bertil Ohlin
The argument of the "long view” may be correct in some meaninglessly abstract sense, but it represents a fundamental mistake in categories and time scales. Our only legitimate long view extends to our children and our children's children's children-hundreds or a few thousands of years down the road. If we let the slaughter continue, they will share a bleak world with rats, dogs, cockroaches, pigeons, and mosquitoes. A potential recovery millions of years later has no meaning at our appropriate scale.
Stephen Jay Gould
Why should we not form a secret society with but one object, the furtherance of the British Empire and the bringing of the whole world under British rule, for the recovery of the United States, for making the Anglo Saxon race but one Empire? What a dream, but yet it is probable; it is possible.
Cecil Rhodes
The job numbers are positive. We've had more jobs created now than were lost during the recession. We're seeing that the creation, we're seeing those numbers not only grow but shift toward the private sector and shift toward full-time employment and these are all signs that the recovery is taking some hold but we're not out of woods.
Stephen Harper
I suspect that many of the world's financial lords are somewhat embarrassed to tell Japan repeatedly at G-7 meetings and elsewhere to adopt a Keynesian solution. Within Europe, central banks and governments think Keynesian theories and policies are absolutely wrong. Despite the remarkable success of pragmatic policies in the United States, true believers in the Invisible Hand reject Keynesian diagnoses and prescriptions. Many observers of Japan have found it intellectually comforting to blame the slump on the plight of the banks, flooded with bad loans dated from the land and equity bubbles and their collapse. They hope that a governmentmanaged and -subsidized rectification of bank balance sheets will trigger overall economic recovery. I think this is a false hope. The bank problem is only a small part of the macroeconomic disaster. It has to be resolved, of course, but resolution that is no substitute for the needed fiscal and monetary stimuli.
James Tobin
Monetarism-both of the older Friedman version stressing adherence to money stock targets and of the newer rational expectations variety-has been badly discredited. The stage has been set for recovery in the popularity of Keynesian diagnoses and remedies. I do not mean to imply, of course, that there is some Keynesian truth, vintage 1936 or 1961, to which economists and policymakers will or should now return, ignoring the lessons of economic events and of developments in economics itself over these last turbulent fifteen years. I do mean that in the new intellectual synthesis which I hope and expect will emerge to replace the divisive controversies and chaotic debates on macroeconomic policies, Keynesian ideas will have a prominent place.
James Tobin
