Andrew Ross Sorkin Quotes

The Federal Reserve cannot solve all the economy's problems on its own.

We have to change economic policy: create confidence, foster investment, cut the public deficit, restructure taxation and reform the labor laws.

You talk to any of the job creators, and they'll tell you one of the things that concerns them the most is the debt. And so high levels of indebtedness are going to lead to high levels of taxation, which lead to high level of unemployment.

There are two things that can disrupt the American economy. One is a war. The other is a meeting of The Federal Reserve Board.

Every time the Fed implements 'quantitative easing,' a.k.a. printing more money, two things go up: taxes and inflation. When taxes and inflation go up, more jobs are lost.

We will watch very carefully what is happening in the economy and adjust policies appropriate.

Prices always soar when there is a Congress government.

The foundations of a strong economy don't rest alone on the decisions of Chancellors or the spending programmes of government.

It was gradually learned that acceptance of a somewhat higher inflation rate would not really bring somewhat higher employment.

If unemployment could be brought down to say 2 percent at the cost of an assured steady rate of inflation of 10 percent per year, or even 20 percent, this would be a good bargain.

Macroeconomic policy can never be devoid of politics: it involves fundamental trade-offs and affects different groups differently.

The economy is like a machine.

Popular as Keynesian fiscal policy may be, many economists are skeptical that it works. They argue that fine-tuning the economy is a virtually impossible task, and that fiscal-stimulus programs are usually too small, and arrive too late, to make a difference.

The financial crisis should not become an excuse to raise taxes, which would only undermine the economic growth required to regain our strength.

The president has very little effect on the economy. If you want to put blame or credit, the main person who influences the business cycle is the head of the Federal Reserve Bank.

We're in a tightening cycle and the reason is the economy is growing, there's no expectation that the global economy and the Polish economy as a consequence could slow down dramatically.

It is a way to take people's wealth from them without having to openly raise taxes. Inflation is the most universal tax of all.

People confuse economists and economic policy.

I'm an economist by training. And I know that what works is a permanent increase in buying power.

Our rate moves will have an impact on the economy in 2013. Whether we raise or lower rates depends on how the economic situation develops.

There's plenty of juice to keep this economy going.

It's going to be difficult to stimulate the real economy in the U.S. at a faster rate than 2 percent and perhaps even less if we have that fiscal cliff in December or January 2013.

Now the truth is, a president really can't control the economy, although his policies do have some effect on it.

There is no left or right in economic management today.

No President has yet repealed the business cycle.