Charles Krauthammer Quotes About Economy

Quotes about: Economy

• It doesn't take a genius to see what happens when the entitlement state outgrows the economy upon which it rests. The time of Greece, Cyprus, Portugal, Spain, the rest of insolvent social-democratic Europe — and now Detroit — is the time for conservatives to raise the banner of Stein's Law and yell "Stop." You can kick the can down the road, but at some point it falls over a cliff.

  Charles Krauthammer

  Europe, Law, Detroit

  "Detroit Ran Into The Inviolable Rule Of Economics". www.jewishworldreview.com. July 26, 2013.

• I think the first thing is to recognize a mistake that Obama made. And others have made in thinking that you can revolutionize a system that's unbelievably complex and interlinked, one-sixth of the economy. That was a mistake because whenever you change one thing, it changes 80 other things, and now if you're changing everything at once, you have no idea what the outcome is going to be and you get all of these unintended side effects.

  Charles Krauthammer

  Mistake, Thinking, Economy

  Source: www.realclearpolitics.com

• I don't think you can pump carbon dioxide into the atmosphere indefinitely and not have a reaction. But there are great scientists such as Freeman Dyson, one of the greatest physicists of the last hundred years, who has studied the question, who believes quite the opposite. The reason transnational action is so difficult is because the major problem with climate change is, A, that there is no consensus, and, B, that the economic cost is simply staggering. Reversing it completely might mean undoing the modern industrial economy.

  Charles Krauthammer

  Believe, Mean, Thinking

  "Obama Is Average". Interview with Klaus Brinkbäumer and Gregor-Peter Schmitz, www.spiegel.de. October 26, 2009.

• There's no free lunch. If you want an industrial economy, you need energy. If you want energy, it will produce pollution. You can have it in two forms. You can have it dissipated in the atmosphere - like carbon dioxide - which then you cannot recover, or you can have the waste concentrated in one small space like nuclear. That is far easier to deal with. The idea that you can be able to create renewable energy at a price anywhere near the current price for oil or gas or coal is a fantasy.

  Charles Krauthammer

  Ideas, Two, Lunch

  "'Obama Is Average'". Interview with Klaus Brinkbäumer and Gregor-Peter Schmitz, www.spiegel.de. October 26, 2009.

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