Trillion Quotes - page 5
McKinsey and Company has a new study that shows that the persistent gap in academic achievement between children in the United States and their counterparts in other countries deprived the U. S. economy of as much as $2.3 trillion in economic output in 2008 alone. Can we imagine how much that academic gap has cost us in potential income?
Francis Escudero
The President's proposed budget for FY 2015 under the N.E.P. or the National Expenditure Program amounts to P2.606 trillion, reflecting an increase of P341.372 billion or 15.07% higher than the Fiscal Year 2014 budget. It is anchored on a real GDP projection of 7-8%, an inflation rate of 2-4%, 364-day T-Bill rate of 2-4%, and a foreign exchange rate of P42-45 to the dollar.
Francis Escudero
In fact, of course, science is an unparalleled playground of the imagination, populated by unlikely characters with wonderful names (messenger RNA, black holes, quarks) and capable of performing the most amazing deeds: sub-atomic whirling dervishes that can be in several places - everywhere and nowhere - at the same time; molecular hoop-snakes biting their own tails; self-copying spiral staircases bearing coded instructions; miniature keys searching for the locks in which they fit, on floating odysseys in a trillion synaptic gulfs.
Daniel Dennett
In the year 1984 Forbes magazine, a leading periodical for high finance and big business, drew up a list of the wealthiest individuals in the United States. The top 400 people had assets totaling $60 billion. At the bottom of the population there were 60 million people who had no assets at all. Around the same time, the economist Lester Thurow estimated that 482 very wealthy individuals controlled (without necessarily owning) over $2,000 billion ($2 trillion). Consider the influence of such a very rich class-with its inevitable control of press, radio, television, and education-on the thinking of the nation.
Howard Zinn
[pp 6-9] Marx warned that capitalism has built within it the seeds of its own destruction.... Unable to expand and generate profits at past levels, the capitalist system would begin to consume the structures that sustained it. It would prey upon, in the name of austerity, the working class and the poor, driving them ever deeper into debt and poverty.... Politics would become subordinate to economics, leading to political parties hollowed out of any real political content and subservient to corporations.... *Capitalist oligarchs hoard huge sums of wealth, $7.6 trillion stashed in overseas tax havens.... In the end corporate monopolies obliterate free market competition.... Corporations feast on taxpayer money.
Chris Hedges
The United States, as the near unanimous vote to provide nearly $40 billion in aid to Ukraine illustrates, is trapped in the death spiral of unchecked militarism. No high speed trains. No universal health care. No viable Covid relief program. No respite from 8.3 percent inflation. No infrastructure programs to repair decaying roads and bridges, which require $41.8 billion to fix the 43,586 structurally deficient bridges, on average 68 years old. No forgiveness of $1.7 trillion in student debt. No addressing income inequality. No program to feed the 17 million children who go to bed each night hungry. No rational gun control or curbing of the epidemic of nihilistic violence and mass shootings. No help for the 100,000 Americans who die each year of drug overdoses. No minimum wage of $15 an hour to counter 44 years of wage stagnation. No respite from gas prices that are projected to hit $6 a gallon.
Chris Hedges
The US is bankrupt.... the US government cannot pass an audit....the accrued liabilities of the federal government "totaled approximately $53 trillion as of September 30, 2007.” No funds have been set aside against this mind boggling liability. Just so the reader understands, $53 trillion is 53,000 billion. The American economy has been devastated by... a free trade ideology that benefits corporate fat cats and shareholders at the expense of American labor. The dollar is failing in its role as reserve currency and will soon be abandoned.
Paul Craig Roberts
The United States is on pace to spend over $7 trillion over the next ten years for the Pentagon. To put that number in perspective, the U.S. spends more each year on the military than China, Russia, India, the U.K., Germany, France, Japan, South Korea and Australia combined. While Republicans and Democrats are in sharp disagreements over the much smaller Build Back Better legislation, there is largely a bipartisan consensus when it comes to the military budget and foreign military intervention...
Amy Goodman
We had an infinity of time: The Honorable Elijah Muhammad says that God taught him over 78 trillion years of time on our planet-not his (the White Man.) Our planet, in Our universe-we are the makers of all that you see of creation. And when a son would be born to end the rule of the enemy of God, his (the enemy's) job would have been made complete. Now, you can be angry with White people if you want to, and you could curse them out and say ugly things, because they have done ugly things. But wait a minute: They couldn't have done any of this if Allah (God) didn't permit it. He (the White Man) justifies his existence as a "devil” by being himself.
Louis Farrakhan
Lawrence O'Donnell: Let's flash forward. You're president. Bernie Sanders is still active in the Senate. He manages to get Medicare for All through the Senate, in some compromise version, the Elizabeth Warren version or other version. Nancy Pelosi gets a version of it through the House of Representatives. It comes to your desk. Do you veto it?
Joe Biden: I would veto anything that delays providing the security and the certainty of healthcare being available now. If they got that through and by some miracle, there was an epiphany that occurred, and some miracle occurred that said OK, it's passed, then you got to look at the cost. And I want to know how did they find the $35 trillion? What is that doing?
Joe Biden
This week, my administration released new information that contains that we're on track to cut the federal deficit by another - another $1.5 trillion by the end of this fiscal year - the biggest decline in a single year ever in American history. And the biggest decline on top of us having a $350 billion drop in the deficit last year, my first year as President.
Joe Biden
To be blunt, we went down that road in Iraq. Thanks to the extraordinary sacrifices of our troops and the determination of our diplomats, we are hopeful about Iraq's future. But regime change there took eight years, thousands of American and Iraqi lives, and nearly a trillion dollars. That is not something we can afford to repeat in Libya.
Barack Obama
