Economic Balance Quotes

We are coming to see that there should be no stifling of labor by capital, or of capital by labor; and also that there should be no stifling of labor by labor, or of capital by capital.

We must now place the manufacturer by the side of the agriculturist.

I care not how affluent some may be, provided that none be miserable in consequence of it.

I have seen the ravages of unemployment.... The government will never refuse to go as far as the resources of the country will permit [in order to help]. But do not ask it to commit acts that risk to compromise the balance of the budget.

Well, a deficit reflects an imbalance between spending and revenue, and so narrowing it requires acting on one, the other or both.

We are steering a course between a kind of computer age Scylla and Charybdis—between the shoals of suffocating regulation on the one side and the rocks of unfettered monopolies on the other.

The equilibrium between supply and demand is achieved only through a reaction against the upsetting of the equilibrium.

An honest man is one who knows that he can't consume more than he has produced.

You cannot help the poor by destroying the rich. You cannot lift the wage earner by pulling down the wage payer.

To be clear, aiming to reduce the national debt in the long term and running small surpluses when the economy is operating close to full capacity is what I mean when I talk about seeking to 'balance the books' - a sensible approach.

The state has an active role to play in ensuring that there is equilibrium between the constituent parts of the economy, the consumers and the producers.

That is the job of the Catholic Church, to be a balance to the materialistic drives of our culture and of economy.

For every effort we make to assist someone beyond our own borders, we take something away from our own

I believe in corporations. I believe in trade unions. Both have come to stay and are necessities in our present industrial system, But where, either one or the other, there develops corruption or mere brutal indifference to the rights of others … then the offender, whether union or corporation, must be fought.

You cannot bring about prosperity by discouraging thrift. You cannot help small men by tearing down big men. You cannot strengthen the weak by weakening the strong. You cannot lift the wage-earner by pulling down the wage-payer. You cannot help the poor man by destroying the rich. You cannot keep out of trouble by spending

The issue is not growth verses fiscal responsibility. We need both!

Neither capital can do without labor, nor labor without capital.

I'm not speaking in favor of killing innovation. I'm speaking in favor of centrist use of the market, which involves necessarily a considerable degree of regulation. Markets by themselves will get themselves inevitably into inequality and into their own destruction. It will happen again and again.

You cannot lift the wage earner by pulling down the wage payer.

A beautiful deleveraging balances the three options. In other words, there is a certain amount of austerity, there is a certain amount of debt restructuring, and there is a certain amount of printing of money. When done in the right mix, it isn't dramatic.

One pursues economic theory in too extreme an extent he is likely to be in trouble; you have to consider the reality and blend what you observe as reality with an ingredient of theory, and a little, just a little bit ahead of the time, then you are likely to succeed.

I believe we're making a mistake if we regard job creation and job safety as mutually exclusive or inherently in conflict; they can and they must go hand-in-hand.

Is it possible to preserve the element of Unknown Places in our national life? Is it practicable to do so, without undue loss in economic values? I say 'yes' to both questions. But we must act vigorously and quickly, before the remaining bits of wilderness have disappeared.

There is certainly a role for regulation, but regulation should always take into account the impact that it has on markets, a balance that must be constantly weighed.

There's always a tension between those who would like to garner wealth, and they contribute a lot to society. There's also those who say, 'I believe in the common good. I want that to be enlarged.' They contribute a lot to society. The tension, the debate, between these two views is extremely important to our progress.