Every good quality runs into a defect; economy borders on avarice, the generous are not far from the prodigal, the brave man is close to the bully; he who is very pious is slightly sanctimonious; there are just as many vices to virtue as there are ho...
Don’t be alarmed by the flashing lights and the sirens you can’t see or hear. Just keep your blindfold on, your earplugs in, and keep driving way over the speed limit. You are in control of the US economy, and we are still proud we voted for you.
The law (of least effort) asserts that if there are several ways of achieving the same goal, people will eventually gravitate to the least demanding course of action. In the economy of action, effort is a cost, and the acquisition of skill is driven ...
This is the kind of corruption we understand, the corruption of the petty clerk writ large, and so this is the kind of corruption we look for. This is the kind of guilt we expect and understand: personal, targeted, involving suitcases. We really need...
My mother always taught me that two wrongs don't make a right. We shouldn't bail out Wall Street. We shouldn't bail out Detroit. It will cost the economy more than the cost of the bailout which is more than the politicians think. We'll run into the h...
As I've written before, China's ability to be the assembly line to the world wasn't where its role in the global economy ended; it was where it began. An ability to make products cheaper than anywhere else gave way to an ability to make high end prod...
It doesn't matter if you have a D, or an I or an R after your name if you have a job - a J-O-B. It really matters to people that they have an opportunity to contribute to their economy in a very meaningful way, and this is outside party lines. So we ...
Our economy creates and loses jobs every quarter in the millions. But of the net new jobs, the jobs come from small businesses: both small businesses on Main Street and many of the net new jobs come from high growth, high impact businesses that are l...
Well, I think the reality is that as you study - when President Kennedy cut marginal tax rates, when Ronald Reagan cut marginal tax rates, when President Bush imposed those tax cuts, they actually generated economic growth. They expanded the economy....
I mean, Iceland is Iceland. It can't do damage to anybody unless you're Icelandic. But the United States can drag down the entire western economy. And I think what we are seeing is simply a reflection of reality. This is not, I'm sorry, but this is n...
Now, I do think when we move into 2012 and '13 when, presumably, the economy is on firmer ground, I would allow the tax rates for upper-income individuals to revert back to where they were before the cuts in the 1990s. I think at that point it makes ...
As an economist specializing in the global economy, international trade and debt, I have spent most of my career helping others make big decisions - prime ministers, presidents and chief executives - and so I'm all too aware of the risks and dangers ...
America is a great power possessed of tremendous military might and a wide-ranging economy, but all this is built on an unstable foundation which can be targeted, with special attention to its obvious weak spots. If America is hit in one hundredth of...
Many of the familiar little things that we use every day have typically evolved over a period of time to a state of familiarity. They balance form and function, elegance and economy, success and failure in ways that are not only acceptable, but also ...
I relate to what Gov. Romney brings. I know what it means to balance a budget. I know what it means to write a paycheck and not only cash one. I know what it means to create a job, and I know what it means to struggle with my business every day in te...
If the amount of money going into the war economy were invested in landscape restoration, we would be in a far more positive position. It may get a little dire before we pull together, but I think when the prosperous nations, and in particular the U....
You bet every member of Congress who votes for this bill ought to read it, read it thoroughly, and understand that what we're looking at here amounts to nothing more than a government takeover of our health care economy, paid for with nearly a trilli...
I would put our legislative and foreign policy accomplishments in our first two years against any president - with the possible exceptions of Johnson, FDR, and Lincoln - just in terms of what we've gotten done in modern history. But, you know, but wh...
You know, I think the, the crucial thing, you know, we have put in place what is, is just simply the biggest, boldest recovery package in history, right; the stimulus package, biggest ever; the financial rescue, absolutely comprehensive; a housing pl...
I always had a sense that I would fall in love with Tokyo. In retrospect I guess it's not that surprising. I was of the generation that had grown up in the '80s when Japan was ascendant (born aloft by a bubble whose burst crippled its economy for dec...
The economic sense of possibility was so great when I was growing up that my parents had no question that I could do anything I wanted to do, even as a girl. I've always believed that the economics of a story intersects with the women's story - that ...
