Economic Strategy Quotes

We were not foolish enough to make a currency coverage of gold of which we have none

In 200 years when the United States will get all that it can from protectionism, it too will adopt free trade.

Every time we give a musician the advice to give away the music and sell the T-shirt, we're saying, 'Don't make your living in this more elevated way. Instead, reverse this social progress, and choose a more physical way to make a living.' We're sending them to peasanthood, very much like the Maoists have.

When I became mayor of New York City, I had a $2.4 billion deficit. And everybody wanted me to raise taxes. I said, 'If I raise taxes, I'll drive people out of New York City, and then I'll be raising taxes again.' So what I did was I cut expenses by 15 percent.

At the heart of the Irish economy has always been the philosophy of tax competitiveness. On the cranky left, that is very annoying; I can see that.

The challenge for any government is how do you do two things at the same time. How do you put money forward for things like the payroll tax holiday, for things like getting a jump-start on infrastructure, for building schools, and make the decisions for long-term deficit reduction.

We should no longer seek to have Budget surplus by end of Parliament. We should avoid tax rises.

As we were all growing up, there used to be a very big mantra in India which was called 'export or perish.' There was a long period when we used to focus on import substitution.

The Korean economic miracle was the result of a clever and pragmatic mixture of market incentives and state direction.

Free trade is not a principle, it is an expedient.

We do not attract Russian money to Luxembourg with high interest rates.

With our national savings rate well below one-percent, it is imperative that the government embrace innovative and cost-effective means of boosting personal savings.

Let's face reality. To ensure Hong Kong remains competitive, we have to uphold a very low tax regime.

Vladimir Putin will be up for reelection, and he has shifted his whole political strategy inside of Russia from one where he promised the Russians pretty much a chicken in every pot, a better economic way of life.

My opponent Senator Menendez and his colleagues are pursuing what I consider a Jon Corzine economic policy. Higher taxes, more spending, more debt.

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.

Trying to balance the budget through defense cuts is both counterproductive and impossible.

European economists and populations talk too much about redistribution within the member states and across the member states and are talking too little about how to create value in the future—to fortify our position in order to be successful in the future world.

We need to be doing lots of other things with the resources that we have. So economic power works just as well as military power, perhaps even better. And speaking of that, our Military needs to be upgraded.

Raising the minimum wage allows business people to stop thinking about workers simply as costs to be cut and allows you to start thinking about workers as customers to be cultivated.

Why am I interested in deficits? The only way you balance the budget in this country long-term is through sustained economic growth. And that's what everything we are doing in this administration is aimed at that end goal.

It's not trickle down economics. The problem that the president has is that he's rudderless on the economy. I mean, he doesn't quite know what to do. It's a wake-up on Monday and try to figure it out. It takes time to turn a supertanker, so you need to know where you need to go.

Our strategy should be based on indigenisation and import substitution. The government must provide opportunities for domestic companies to participate in sectors in which the country continues to depend on imports.

We need national economic policies that have been shown to work at the state level.

I am advocating a weak yen to a certain extent.