Savings Quotes - page 3
The major economic policy challenges facing the nation today - pick your favorites among the usual suspects of low public and household savings, concerns about educational quality and achievement, high and rising income inequality, the large imbalances between our social insurance commitments and resources - are not about monetary policy.
Timothy Geithner
Nobody is suggesting that the NHS doesn't have to reform, nobody is suggesting that it doesn't have to become more efficient, that productivity growth doesn't have to become positive ... The only difference is that in health, because of the demographic pressure, the savings will all – and more – have to be reinvested in delivering more healthcare.
Philip Hammond
...this Budget represents a continuation of the policies which we have pursued consistently for nearly nine years, and which we will continue to pursue-a continuation of the steps that we have taken in nine previous Budgets, and of the major reforms that we have introduced in other fields, too, all of them designed to encourage and reward enterprise and so to liberate the energies of the British people. The tax changes in this Budget consolidate Britain's move from a high-tax country to a low-tax country, at all levels. Since 1979, the top rate of income tax has been cut from 83 per cent. to 40 per cent. The basic rate has been cut from 33 per cent. to 25 per cent. The corporation tax rate has been cut from 52 per cent. to 35 per cent. The small companies' rate has been cut from 42 per cent. to 25 per cent., and the 15 per cent. additional tax on savings income has been abolished altogether.
Nigel Lawson
In leaving Britain, the early emigrants risked not merely their life savings but their very lives. Their voyages were never without hazard; their destinations were often unhealthy and inhospitable. To us, their decision to gamble everything on a one-way ticket seems baffling. Yet without millions of such tickets - some purchased voluntarily, some not - there could have been no British Empire. For the indispensible foundation of the Empire was mass migration: the biggest in human history. This Britannic exodus changed the world. It turned whole continents white.
Niall Ferguson
Ultimately nations, like individuals, can not depend upon each other but must depend upon themselves. Each one must work out its own salvation. We have every desire to help. But with all our resources we are powerless to save unless our efforts meet with a constructive response. The situation in our own country and all over the world is one Chat can be improved only by bard work and self-denial. It is necessary to reduce expenditures, increase savings and liquidate debts. It is in this direction that there lies the greatest hope of domestic tranquility and international peace. Our own country ought to finish the leading example in this effort. Our past adherence to this policy, our constant refusal to maintain a military establishment that could be thought to menace the security of others, our honorable dealings with other nations whether great or small, has left us in the almost constant enjoyment of peace.
Calvin Coolidge
A deliberate and determined effort is being made to break down the guarantees of our fundamental law. It has for its purpose the confiscation of property and the destruction of liberty. At the present time the chief obstacle to this effort is the Supreme Court of the United States. In this contest there is but one place for a real American to stand. That is on the side of ordered liberty under constitutional government. This is not the struggle of the rich and powerful. They will be able to survive. It is the struggle of the common run of people. Unless we can maintain our institutions of liberty unimpaired they will see their savings swept away, their homes devastated, and their children perish from want and hunger.
Calvin Coolidge
After nearly fifteen years of systematic destruction of public space, engineered by Putin, the normal ways by which regular people absorb information about the state of their country are gone. Only a person who had lost his livelihood or half his savings would have been able to report that the economy was failing.
Masha Gessen
When returns on capital are ordinary, an earn-more-by-putting-up-more record is no great managerial achievement. You can get the same result personally while operating from your rocking chair. Just quadruple the capital you commit to a savings account and you will quadruple your earnings. You would hardly expect hosannas for that particular accomplishment. Yet, retirement announcements regularly sing the praises of CEOs who have, say, quadrupled earnings of their widget company during their reign - with no one examining whether this gain was attributable simply to many years of retained earnings and the workings of compound interest.
Warren Buffett
I never said money is freedom! I said money buys freedom. BUYS! What does that mean, money is freedom? This is ridiculous: Money is freedom. It means nothing. What do you think, that a dollar in a savings account is freedom? Maybe you have understood nothing I have said. You are trying to make me sound like an American average citizen.
Klaus Kinski
