Congress must take responsibility for a new positive direction - an innovative agenda that will lead to a more secure America. Secure communities, secure economies, and a secure quality of life.
The rhetoric on the Hill is getting very heated and it's getting quite dangerous. The gun is at the head of the American economy and Congress is holding it and its got a hair trigger. We've got to pay our bills.
Democrats can neither control nor predict whether our GOP counterparts are really ready to play chicken with the U.S. economy. But we can assure the American people that our party takes the nation's faith and credit seriously.
The FHA's success provides strong evidence that government can and should play a role in the nation's mortgage finance system. It also demonstrates that although government intervention in the economy during the Great Recession was messy, things would have been a lot messier without it.
It has become fashionable to rail against government intervention in the economy, and the FHA is a favorite example by those trying to show the government's overreach. In reality, the FHA shows how government action during the Great Recession forestalled a much worse economic fate.
I went back to graduate school with the clear intention that what I wanted to do with my life was to improve societies, and the way to do that was to find out what made economies work the way they did or fail to work.
The free-trade idea, logically applied, will abolish usury; and with usury will disappear the chief bone of contention between labor and capital. But, just at this point, free-traders go over to the enemy; and many writers on political economy, in flat contradiction of the essential principles of that science, have made elaborate arguments to prove self-government in finance, impossible! What shall we think of men who, having dethroned kings, demolished popes, destroyed slave oligarchies and assailed tariff monopoly, advise submission to the most oppressive and dishonest of despotisms, Usury?
In the next decade, we need to think and act like revolutionaries. We have to innovate, not merely imitate. We will succeed not be following the footsteps of the incumbent, but by introducing new dimensions into play. We need Singaporeans who can lead the way in creating new wealth for our economy.
Political activity alone cannot make a man free. Back of the ballot, he must have property, industry, skill, economy, intelligence, and character.
Hating clouds the mind. It gets in the way of strategy. Leaders cannot afford to hate
It was good to launch the economy in the '50s. Japan did this; China did this; even South Korea did this. All the East Asians did this - import substitution. I think all countries followed import substitution in the '50s and in the '60s, but I think by the '70s, countries were getting out of that first phase of the strategy.
We have to change the whole job structure of America. We have got to basically reorient our economy toward the future.
Near-term deficits are temporary and manageable if - and only if - we keep spending in check, the tax burden low and the economy growing.
Everyone says Francois Mitterrand had huge charisma. But before he was president they used to call him badly dressed, old, archaic and say he knew nothing about the economy until the day he was elected. It's called universal suffrage. When you're elected, you become the person that embodies France.
There is plenty of room to make a profit in a zero-carbon economy; but the profit motive is not going to be the midwife for that great transformation.
The reality is that our economy now consists of driving 250 million vehicles around the suburbs and malls and eating fried chicken. We don't manufacture much. We just burn up ever scarcer petroleum in the ever-expanding suburbs built with mortgage money lent to people who haven't a clue.
In the future, it's going to become more and more impossible for the economy to support how expensive medical care is and the number of sick people we have. Why don't we just get our population healthier so we don't need medical care?
But I think the global economy will understand that the United States has the ability to meet its obligations. But it's not going to be able to do it over the long term if we can't control the growth of government.
We’ve never had a decline in house prices on a nationwide basis. So, what I think what is more likely is that house prices will slow, maybe stabilize, might slow consumption spending a bit. I don’t think it’s going to drive the economy too far from its full employment path, though.
Technology has changed things, same as everywhere. But the economy has changed drastically. When Jamaica first won independence, our dollar was stronger than the U.S. dollar. Now ours is about 90 to one. That's had a big impact on crime and poverty.
Employ every economy consistent with thoroughness, accuracy and reliability.
In a consumer society, expectations dare not plateau, because a growing economy depends on rising expectations... The more we let our level of contentment be determined by outside factors-a new car, fashionable clothes, a prestigious career, social status-the more we relinquish control over our own happiness.
Roughly two billion people participate in the money economy, with less than half of those living in the wealthy countries of the developed world. These affluent 800 million, however, account for more than 75 percent of the world's energy and resource consumption, and also create the bulk of its industrial, toxic, and consumer waste.
The money economy thus leaves a large ecological footprint, defined as the amount of land and resources required to meet a typical consumer's needs. For example, with only about 4% of the world's population, the United States, the largest money economy, consumes in excess of one-quarter of the world's energy and materials and generates in excess of 25 percent of the world's greenhouse gas emissions.
I think of the old slavery, and of the way The Economy has now improved upon it. The new slavery has improved upon the old by giving the new slaves the illusion that they are free. The Economy does not take people's freedom by force, which would be against its principles, for it is very humane. It buys their freedom, pays for it, and then persuades its money back again with shoddy goods and the promise of freedom. "Buy a car," it says, "and be free. Buy a boat and be free." Is this not the raw material of bad dreams? Or is it maybe the very nightmare itself?
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