Economic Loss Quotes

There has never been a protracted war from which a country has benefited.

The worst affected from corruption is the common man.

War never fails to leave depleted storehouses, always impairs the efficiency of production.

Panics do not destroy capital; they merely reveal the extent to which it has been previously destroyed by its betrayal into hopelessly unproductive works.

If you were approaching the TARP investments from a pure investment standpoint, then there's no doubt in my mind the taxpayer lost, and probably lost big.

If we have no foreign workers, our economy suffers; our own lives suffer.

Katrina did much more damage than anything the terrorists could ever put together.

As history has repeatedly proven, one trade tariff begets another, then another - until you've got a full-blown trade war. No one ever wins, and consumers always get screwed.

The Katrina matter was terrible.

There is no instance of a nation benefitting from prolonged warfare.

If you destroy a firm, you can't pull it out of bankruptcy overnight.

Whether it's a penalty or a tax, it's all one in the same. It's coming out of somebody's hard-earned money in their pocketbooks and that's the point. So in some ways, to me, it's a distinction without a difference.

Are you to give up the fight and let this vast body of our wealth go to ruin? I do not believe it.

When companies fail, shareholders bear the losses. It's just the way our system is supposed to work.

We all either work for rich people or we sell stuff to rich people, so just punishing rich people is as bad for the economy as punishing anyone. Let's not punish anyone.

Ireland has never recovered from Britain's nineteenth century "free trade" rule.

Hyperinflation can take virtually your entire life's savings, without the government having to bother raising the official tax rate at all.

As a matter of fact, the African Union itself estimated that every year corruption alone costs Africa $148 billion. If African leaders could cut that in half, they'll find more money than what Tony Blair is trying to raise for them.

Raising of money may indeed change the species, but with so much loss as the foreign pieces were raised unto, above their intrinsick value.

Persistent inequality costs the U.S. hundreds of billions of dollars a year, undermining our global competitiveness, our democracy, and our ideals as a nation.

Globalization causes job and income losses in certain sectors which exact significant psychological tolls. The government, therefore, has a responsibility to channel help from the winners to the losers.

Hurricane Katrina was the storm of the 21st century. It devastated an area the size of Great Britain. More than 1,800 Americans died. Three hundred thousand homes were destroyed. There was $96 billion in property damage. I served on the Louisiana Recovery Authority. I saw Congress write one big check and then skip town.

What the American people don't understand is how Merrill Lynch or AIG or Lehman Brothers can reward people, and the entity fails. Not only do the shareholders lose, but the entities lose.

You have wasted six hundred millions of treasure. You have sacrificed nearly ten thousand American lives—the flower of our youth. You have devastated provinces. You have slain uncounted thousands of the people you desire to benefit.