#economy

People tend to judge presidents on how the economy performs, and yet we don't expect them to have the power to do much about it. Or we don't want them to exercise that power, if they were to have it. ↗

— Barbara Ehrenreich

#economy #exercise #expect #how #judge

One of the professors told me last week that he feels bad teaching with the way the economy is now. ‘What’s the point?’ he said. ‘Kids aren’t getting jobs.’ You never hear faculty talk that way. He did. ↗

— Daniel Amory

#adventure #chicago #city #downtown #dream

The rhetoric on the Hill is getting very heated and it's getting quite dangerous. The gun is at the head of the American economy and Congress is holding it and its got a hair trigger. We've got to pay our bills. ↗

— Peter Welch

#american economy #bills #congress #dangerous #economy

Because what happens is, as the economy suffers, tax revenues go down. But unlike businesses, where at least your variable costs go down, in government your variable costs go up: unemployment insurance, workmen's compensation, health care benefits, welfare, you name it. ↗

— Meg Whitman

#benefits #businesses #care #compensation #costs

Greece's European neighbors were able step in and bolster the weak foundation on which Greece's free-spending budget was based. It would be difficult for any country, or intergovernmental organization, to rescue an economy the size of the U.S. if investors were ever to lose faith in our bonds because of our enormous debt. ↗

— Douglas Wilder

#any #based #because #bolster #bonds

I think the producers, for the most part, don't want to see prices skyrocket because that will only create problems for them down the road and would also be a, you know, would be a very serious shock for a world economy that can't afford serious shocks right now. ↗

— Daniel Yergin

#also #because #create #down #down the road

The American consumer, even today, the weight of the American consumer in the global economy is China plus India doubled. So, it's tough to replace that. ↗

— Fareed Zakaria

#american consumer #china #consumer #doubled #economy

Our economy isn't going to recover until the housing market finds its footing. ↗

— Mark Zandi

#finds #footing #going #housing #housing market