Economic Growth Quotes - Page 8

• The greatest economic minds of the 19th century, all of them without exception, considered economic growth as a temporary necessity. When all human needs are satisfied, then we will have a stable economy, reproducing every year the same things. We will stop straining ourselves worrying about development or growth. How naïve they were! One more reason to be reluctant about predicting the future. No doubt they were wiser than me, but even they made such a mistake!

  Zygmunt Bauman

  Mistake, Years, Worry

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• Our consumer-oriented economy wouldn't survive without economic growth. The whole mechanism depends on invention and insinuation of novelties, arousing new wants, seduction and temptation. This is the problem we face - much more than recapitalizing the banks. The question is: Is that kind of economy sustainable?

  Zygmunt Bauman

  Temptation, Growth, Faces

  Interview with Marcelo Dimentstein, Alberto Senderey, Andy Spokoiny and Shira Shnitzer, leatid.org. February 2009.

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• I really want to focus on economic growth and growing the economy.

  Paul Ryan

  Focus, Growth, Growing

  Source: www.washingtonpost.com

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• We have a real economic growth problem in America. We are limping along. Wages are flat. And jobs aren’t being created near to the extent that they could and should be. So we think regulatory relief is very, very important.

  Paul Ryan

  Jobs, Real, Thinking

  "Speaker Ryan's "strange bedfellows" partnership with Trump". "60 Minutes" with Scott Pelley, www.cbsnews.com. December 4, 2016.

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• Nothing about economic growth in the United States over the course of the past 40, 50 years, during which time this has been continually happening, would indicate that we are being harmed in an overall sense by this.

  P. J. O'Rourke

  Past, Years, Growth

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• The impact of QE on generating more lending by Wall Street to Main Street and in generating more employment and increasing overall investment in the economy is quite modest. QE probably limited the initial collapse of the economy in 2008, and likely had a very small positive impact on economic growth, but its broader impact on jobs and growth in the economy seems not very big.

  Gerald Epstein

  Jobs, Wall, Impact

  Source: www.truth-out.org

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• Initially, QE contributed to a pretty significant increase in inequality. It raised asset prices, which are owned primarily by the wealthy, while having relatively small if any positive impacts on bank lending, employment, wages or economic growth, so ordinary people haven't had much help. By the third round of QE in 2012-2014, the effects had likely muted quite a bit. There were probably not big impacts on asset prices from QE and the positive effects on employment growth might have strengthened somewhat.

  Gerald Epstein

  Impact, People, Growth

  Source: www.truth-out.org

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• When we talk about economic growth, we're not talking about bringing a bunch of companies in that can make a bunch of bucks and hope they spend 'em in our city. We're talking about creating jobs, creating new companies and then we move from there to talk about cooperatives which can become some of those jobs, some of the solidarity economy where we can begin to band together people so they'll understand that a job is not a single individual affair but a collective affair.

  Chokwe Lumumba

  Jobs, Moving, Talking

  Source: bknation.org

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• I think what is true is that there's been an underlying division in the United States. Some of it has to do with the fact that economic growth and recovery tends to be stronger in the cities and in urban areas. In some rural areas, particularly those that were reliant on manufacturing, there has been weaker growth, stagnation, people feeling as if their children won't do as well as they will.

  Barack Obama

  Children, Recovery, Thinking

  Source: www.spiegel.de

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• How do you measure whether or not a strategy of economic growth that is articulated by a very smart, capable economist actually yields growth? You can't. But you can influence.

  George W. Bush

  Smart, Yield, Growth

  Source: www.texasmonthly.com

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• You can see signs of a roaring economy. You can sense economic growth. You know it's happening. You're part of it. It is affecting you. Seventy-five percent of Americans think the government is corrupt.

  Rush Limbaugh

  Thinking, Government, Growth

  Source: www.rushlimbaugh.com

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• Fighting climate change isn't just an obligation we owe to future generations. It's also an opportunity to improve public health - and drive economic growth - in the here and now.

  Michael Bloomberg

  Fighting, Opportunity, Growth

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• Donald Trump wants to dramatically reduce America's corporate tax rate (to 15%) and thereby unleash economic growth. Hillary Clinton hasn't said a word about lowering corporate tax rates. Being a Fedzillacrat, you don't need to be an economic soothsayer to know that she supports taxing the producers and further strangling America's anemic economy.

  Ted Nugent

  America, Support, Growth

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• Society must cease to look upon 'progress' as something desirable. 'Eternal Progress' is a nonsensical myth. What must be implemented is not a 'steadily expanding economy', but a zero growth economy, a stable economy. Economic growth is not only unnecessary but ruinous.

  Aleksandr Solzhenitsyn

  Zero, Growth, Progress

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• This country of ours, this system of ours, the rule of law, the opportunity to get an education and go as far as your hard work and ambition will take you, and we created the biggest engine of economic growth in the world, the American middle class.

  Hillary Clinton

  Country, Hard Work, Ambition

  Source: time.com

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• Now [in China] within the framework of socialism - which is really social welfare in a social democratic framework - all they want to do is to get the kind of economic growth of the capitalist world. It can't be done. It creates the same kind of problems as in the capitalist world.

  Harry Magdoff

  Growth, Done, World

  Source: www.counterpunch.org

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• Without the heart to ground it and open it to who we really can be as human beings, the brain is a very dangerous machine. A machine that is saying: we've got to have economic growth; we've got to have unending economic growth, otherwise societies will collapse. And yet there should be something saying: wait a minute, this isn't going to work.

  Jane Goodall

  Heart, Waiting, Brain

  Source: www.egonzehnder.com

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• It looks like [Donald] Trump's plan has the potential to actually move the needle on economic growth because he wants to lower taxes and lower regulations. That would be very powerful in terms of creating jobs.

  Maria Bartiromo

  Jobs, Powerful, Moving

  Source: wwd.com

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• The result of this anti-classical revolution you had just before World War I was that today, almost all the economic growth in the last decade has gone to the One Percent. It's gone to Wall Street, to real estate.

  Michael Hudson

  Wall, Real, War

  Source: www.counterpunch.org

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• But what is now encompassed by the one word (“school”) are two very different kinds of institutions that, in function, finance and intention, serve entirely different roles. Both are needed for our nation’s governance. But children in one set of schools are educated to be governors; children in the other set of schools are trained for being governed. The former are given the imaginative range to mobilize ideas for economic growth; the latter are provided with the discipline to do the narrow tasks the first group will prescribe.

  Jonathan Kozol

  Children, School, Ideas

  Jonathan Kozol (2012). “Savage Inequalities: Children in America's Schools”, p.212, Broadway Books

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• Eventually economic growth reaches the point at which the accumulation of wealth in the families of achievers becomes so significant that the hatred and envy of success become stronger than the desire for continued economic growth, and a period dominated by resentment begins.

  Robert Sheaffer

  Envy, Hatred, Growth

  Robert Sheaffer (1988). “Resentment Against Achievement: Understanding the Assault Upon Ability”

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• This investment will provide capital to help high-potential start-up companies transition from product development to market entry, while also providing skills training to help them position themselves to be more attractive to investors and commercial partners. We are pleased to support the entrepreneurial community in southern Ontario and contribute to economic growth and job creation.

  Gary Goodyear

  Jobs, Skills Training, Support

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• Obamacare is the nation's biggest job killer and stands in the way of our country's economic growth and prosperity. It should be defunded and repealed. President Obama should hear the pleas from the untold number of Americans who are losing their jobs, wages, and healthcare plans, and Congress should act immediately to stop Obamacare from inflicting any more damage on the country on our hard-working citizens.

  Ted Cruz

  Country, Jobs, Hard Work

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• Getting the UK 'Climate Ready' has the potential to support economic growth for this country which should be a priority for all of us

  Rupert Ponsonby, 7th Baron de Mauley

  Country, Priorities, Support

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• A combination of very rapid population growth over the last 50 years and reckless economic growth during the same time has stored up massive problems for societies the world over. No nation is immune. The scientific evidence tells us all we need to know: carry on with business-as-usual growth-at-all-costs, and we're stuffed

  Jonathon Porritt

  Years, Growth, Usual

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