Gdp Quotes

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Quotes About Gdp

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I think we have a society which is spending more and more of its money on healthcare as a percent of GDP as a percent of a lot of things. I think that's a measure of success. ~ Dean Kamen
Gdp quotes by Dean Kamen
Should we consider the Exxon Valdez spill a "success," since it boosted GDP? ========== Culture Jam: ~ Anonymous
Gdp quotes by Anonymous
Western Europe GDP per capita - not taking into account the new accession counties - was lower in 2001 relative to that of the US than any time since the 1960's. ~ John Hutton
Gdp quotes by John Hutton
Today, banking assets (that is, loans) in the world's major economies are equivalent to around 150 per cent of those countries' combined GDP. ~ Niall Ferguson
Gdp quotes by Niall Ferguson
I then moved to the University of Western Ontario where I was made a full professor in 1985. ~ J. Philippe Rushton
Gdp quotes by J. Philippe Rushton
Brain-like in function and speed, the internet connected over one-third of the global population. Three million searches every minute; one-hundred-trillion emails every year; more Facebook users than people in North America, all with with personal photos, videos, apps, and chats. There were dozens of dating sites, an immersive universe called 2nd Life that boasted a country-sized GDP, a slew of viruses, obnoxious advertising, more than a billion photos of naked women, and seventy-two hours of video uploaded to YouTube every minute. This was the environment where the friendship flourished. ~ Jake Vander Ark
Gdp quotes by Jake Vander Ark
If female were working in the same proportion as men do, the level of GDP would be up 27 percent in a country like India, but also up 9 percent in Japan and up 5 percent in the United States of America. It's not just a moral issue, not just a philosophical issue. It just makes economic sense. ~ Christine Lagarde
Gdp quotes by Christine Lagarde
Sub-Saharan Africa, with a population of 900 million and an annual output of only 1.8 trillion euros (less than the French GDP of 2 trillion), ~ Thomas Piketty
Gdp quotes by Thomas Piketty
The United States invests just 2.4 percent of GDP in infrastructure; whereas, Europe invests twice that amount. ~ Bernie Sanders
Gdp quotes by Bernie Sanders
The massive debt we have racked up to finance our wasteful government is pulling down growth today. Gross debt over 90 percent of GDP weakens growth now. Not tomorrow - now. ~ Jeff Sessions
Gdp quotes by Jeff Sessions
In Singapore, as befits that no-nonsense city state, they followed this line of thinking even further, and pegged ministerial salaries to the national GDP. When the Singaporean economy grows, ministers get a raise, as if that is what their job is all about. ~ Yuval Noah Harari
Gdp quotes by Yuval Noah Harari
Brazil fell into recession in the first half of the year, according to official data which showed the economy shrinking by 0.6% in the second quarter and 0.2% in the first. The main reason was another big drop in investment. The government had said that it expects GDP to grow by 1.8% this year, but that now seems unlikely. ~ Anonymous
Gdp quotes by Anonymous
In a clean break from the Obama years, and frankly from the years before this president, we will keep federal spending at 20 percent of GDP, or less. That is enough. The choice is whether to put hard limits on economic growth, or hard limits on the size of government, and we choose to limit government. ~ Paul Ryan
Gdp quotes by Paul Ryan
Credit is a promise to deliver money. It will produce GDP but you'll create credit ... So you reach a certain point that that you can't do that anymore ... There are choices. And how do we best support, apportion the money? How much is going to be transferred? ~ Ray Dalio
Gdp quotes by Ray Dalio
I think the main figure that matters to all of us, including people in the media, is: How does GDP per capita grow? And those figures have been very good. There is a huge flux both up and down, so it isn't like we're all static in status. What's important is that pie grows. ~ Charlie Munger
Gdp quotes by Charlie Munger
Yes. We do think that the stimulus package is raising GDP and raising employment relative to what would have happened otherwise. ~ Doug Elmendorf
Gdp quotes by Doug Elmendorf
The question is: How do we reduce spending from 25% of GDP, which is where Obama put us? The focus is on total government spending. Can we bring it down, in a reasonable and politically acceptable way? That's what the Paul Ryan plan does. It puts us on a gradual reform path to reducing the size of government. ~ Grover Norquist
Gdp quotes by Grover Norquist
Even in recent times, the empirical evidence does not support the claim that trade liberalization or incentive neutrality leads to faster growth. It is true that higher manufacturing growth rates have been typically associated with higher export growth rates (mostly in countries where export and import shares to GDP grew), but there is no statistical relation between either of these growth rates or degree of trade restrictions. Rather, almost all of successful export-oriented growth has come with selective trade and industrialization policies. In this regard, stable exchange rates and national price levels seem to be considerably more important than import policy in producing successful export-oriented growth ~ Anwar Shaikh
Gdp quotes by Anwar Shaikh
America cut back on "welfare" from the 1970s onward. Family income support fell from 0.4 percent of GDP in 1970 to under 0.2 percent in 2010.16 Welfare still looms large in the public's imagination, but it plays little role in the budget and the deficit. It's been a long time since America was generous to its poor families with children! The ~ Jeffrey D. Sachs
Gdp quotes by Jeffrey D. Sachs
In early 2014, the global economy's top five companies' gross cash holdings - those of Apple, Google, Microsoft, as well as the US telecom giant Verizon and the Korean electronics conglomerate Samsung - came to $387 billion, the equivalent of the 2013 GDP of the United Arab Emirates.78 This capital imbalance puts the fate of the world economy in the hands of the few cash hoarders like Apple and Google, whose profits are mostly kept offshore to avoid paying US tax. "Apple, Google and Facebook are latter-day scrooges," worries the Financial Times columnist John Plender about a corporate miserliness that is undermining the growth of the world economy. ~ Andrew Keen
Gdp quotes by Andrew Keen
To put it in context, the federal government was, at the beginning [of the Vancouver meeting], talking about a $15-per-tonne floor for carbon emissions. We're at $30 a tonne, so we're already double that. But our economy is growing at a faster rate - three per cent of GDP is our projected growth in British Columbia. ~ Christy Clark
Gdp quotes by Christy Clark
We think of GDP as a measure of the wealth that a country generates each year. But from a thermodynamic point of view, it is more a measure of the temporary energy value embedded in the goods or services produced at the expense of the diminution of the available energy reserves and an accumulation of entropic waste. Since ~ Jeremy Rifkin
Gdp quotes by Jeremy Rifkin
I have made revenue collection a frontline institution because it is the one which can emancipate us from begging. If we can get about 22% of GDP we should not need to disturb anybody asking for aid; instead of coming here to bother you, give me this, give me this, I shall come here to greet you, to trade with you. ~ Yoweri Museveni
Gdp quotes by Yoweri Museveni
If your credit is going to grow at 10-15 percent per year in order to get your 5 percent GDP growth per year, eventually you're going to have a problem. This isn't a stable system. ~ Adair Turner, Baron Turner Of Ecchinswell
Gdp quotes by Adair Turner, Baron Turner Of Ecchinswell
In the eighties and nineties, the innovation agenda was exclusively focused on enterprises. There was a time in which economic and social issues were seen as separate. Economy was producing wealth, society was spending. In the 21st century economy, this is not true anymore. Sectors like health, social services and education have a tendency to grow, in GDP percentage as well as in creating employment, whereas other industries are decreasing. In the long term, an innovation in social services or education will be as important as an innovation in the pharmaceutical or aerospatial industry. ~ Diogo Vasconcelos
Gdp quotes by Diogo Vasconcelos
We are misery-making machines! Homo sapiens has perfected the art of causing suffering. Pain is humankind's collective GDP. ~ Henry Rollins
Gdp quotes by Henry Rollins
GDP tells you nothing about sustainability ~ Joseph Stiglitz
Gdp quotes by Joseph Stiglitz
The problem with gross domestic product is the gross bit. There are no deductions involved: all economic activity is accounted as if it were of positive value. Social harm is added to, not subtracted from, social good. A train crash which generates £1bn worth of track repairs, medical bills and funeral costs is deemed by this measure as beneficial as an uninterrupted service which generates £1bn in ticket sales. ~ George Monbiot
Gdp quotes by George Monbiot
Gross compassion quotient (GCQ) of a country is the measure of the level of compassion of the country as whole. ~ Amit Ray
Gdp quotes by Amit Ray
My play is the ultimate expression of my feeling of the twilight of Western civilization. ~ Richard Foreman
Gdp quotes by Richard Foreman
The mining industry's contribution to the GDP varies between 2.25 and 2.5 per cent. ~ A. P. J. Abdul Kalam
Gdp quotes by A. P. J. Abdul Kalam
I'm happy that the GDP is up and unemployment is down. Yay! But I'm not drinking champagne. In fact, I'm hitting alarm buttons everywhere I can. Our once-solid middle class is in mortal danger - in danger and running out of time. Every one of those happy numbers is used by nearly every economic reporter and pundit and politician, but those numbers paper over the fact that America's middle class is literally disappearing. NO ~ Elizabeth Warren
Gdp quotes by Elizabeth Warren
Influence is best measured not only by military hardware and GDP, but also by other people's perceptions that we, the United States, are using our power legitimately. That belief - that we are acting in the interests of the global commons and in accordance with the rule of law - is what the military would call a 'force multiplier.' ~ Samantha Power
Gdp quotes by Samantha Power
Grossing Out dealt with the western nations selling arms to the Third World and exploiting these countries. ~ Terry Southern
Gdp quotes by Terry Southern
You don't actually find a strong correlation between- top-line GDP growth and making money in the market. It- it seems like you should. The fastest-growing countries should give you the highest return. They simply don't. But, there's only four of us- that- that believe that story. Everyone else in the world believes that if you grow fast like China, you'll outperform in the stock market. ~ Jeremy Grantham
Gdp quotes by Jeremy Grantham
I've got a chart here that shows our debt-to-GDP ratio. And while we did run deficits in the past, we now number our debt in trillions rather than in billions. And I think that represents a long-term danger, especially to the, the American dream. ~ Mark Kirk
Gdp quotes by Mark Kirk
The combination of higher income taxation and wealth taxation would thereby raise at least 2 percentage points of GDP from the very top earners. But even if they had to pay another 2 percent of GDP, there would certainly be no need to shed tears for the rich. Their net-of-tax income would remain around 10 percent of GDP, a share of national income two-thirds higher than the 6 percent of GDP in 1980. There ~ Jeffrey D. Sachs
Gdp quotes by Jeffrey D. Sachs
You won't be reading reviews of the dystopian sci-fi flick Aeon Flux in the papers today because it wasn't screened for the press-and, given that it cost the GDP of a small country and that Charlize Theron and the director, Karyn Kusama, are critics' darlings, this could mean but one thing: A stinker. A weapon of mass destruction. A planet-killer. Folks, I'll never understand studios. Aeon Flux is not that terrible. ~ David Edelstein
Gdp quotes by David Edelstein
Charitable giving in the United States has remained at 2% of GDP since 1970. ~ Jeff Henderson
Gdp quotes by Jeff Henderson
But a progressive policy needs more than just a bigger break with the economic and moral assumptions of the past 30 years. It needs a return to the conviction that economic growth and the affluence it brings is a means and not an end. The end is what it does to the lives, life-chances and hopes of people. Look at London. Of course it matters to all of us that London's economy flourishes. But the test of the enormous wealth generated in patches of the capital is not that it contributed 20%-30% to Britain's GDP but how it affects the lives of the millions who live and work there. What kind of lives are available to them? Can they afford to live there? If they can't, it is not compensation that London is also a paradise for the ultra-rich. Can they get decently paid jobs or jobs at all? If they can't, don't brag about all those Michelin-starred restaurants and their self-dramatising chefs. Or schooling for children? Inadequate schools are not offset by the fact that London universities could field a football team of Nobel prize winners. ~ Eric J. Hobsbawm
Gdp quotes by Eric J. Hobsbawm
My personal political convictions are rooted in the populist political traditions of western Canada. ~ Preston Manning
Gdp quotes by Preston Manning
Unless we are able to bridge the gap between the rich and the poor, the GDP and other facts and figures would be merely decorative and of little significance. ~ Shivanshu K. Srivastava
Gdp quotes by Shivanshu K. Srivastava
I'm pleased that some economists and sociologists are beginning to talk about, for example, alternative measures of human well-being - alternative, that is, to GDP, on which the world runs. ~ John Sulston
Gdp quotes by John Sulston
The European Commission granted France an extra two years to meet its mandated budget deficit target of 3% of GDP. The deadline had already been extended by two years in 2013. It gave little explanation for the latest extension, which disappointed fiscal hawks. ~ Anonymous
Gdp quotes by Anonymous
So the much criticized food subsidy and employment guarantee for the poor and the unemployed cost about 1.14 per cent of GDP, whereas the cost of subsidizing electricity, fuel and fertilizers for the relatively better off is minimally 2.63 per cent, more than twice what is allocated to feed the poor and provide employment to the unemployed. ~ Amartya Sen
Gdp quotes by Amartya Sen
The United States is absolutely ripe for a rise in gasoline taxes. The nominal gasoline excise tax rate has been fixed at 18.4 cents per gallon since 1994.29 Inflation alone has reduced the real value of that tax per gallon by around 30 percent. As with other federal tax rates, the U.S. excise tax rate on gasoline is extremely low by international comparison. We might conservatively assume that by 2015 an extra 0.5 percent of GDP could be collected by some combination of a higher gasoline excise tax and modest carbon levies on other fossil fuels (such as on coal at the utilities). Other ~ Jeffrey D. Sachs
Gdp quotes by Jeffrey D. Sachs
Eventually I would like to touch all the genres. I would like to do some detective stories, and I want to do a Western. I would want to do humorous Westerns. ~ Sergio Aragones
Gdp quotes by Sergio Aragones
And every year the Pentagon bite of the federal dollar got bigger and bigger. In Reagan's eight years in office, military expenditure doubled from around $150 billion to $300 billion a year, until it represented nearly 30 percent of our overall annual budget and more than 6 percent of GDP. ~ Rachel Maddow
Gdp quotes by Rachel Maddow
If there is one number to which the rights of millions will be happily sacrificed, it is the national GDP growth rate. ~ William Easterly
Gdp quotes by William Easterly
Taking the entire globe, if North America and Western Europe can be called the 'cities of the world', then Asia, Africa and Latin America constitute 'the rural areas of the world'. ~ Lin Biao
Gdp quotes by Lin Biao
The quality of the medical care delivered, including the pharmaceutical industry, has improved a lot. I don't think it's crazy for a rich country like the USto spend 15% of GDP on healthcare, and if it rose to 16-17%, it's not a big worry. ~ Charlie Munger
Gdp quotes by Charlie Munger
Women are a dynamic economic force. We represent the largest consumer market in the world and are drivers of GDP. More and more companies recognize that when they support women as customers, employees, leaders, future investors and partners, they are adopting sound business strategies and advancing social progress. ~ Melanne Verveer
Gdp quotes by Melanne Verveer
A lot of our fiscal deficit went to fund consumption and really did not get used to build investment and infrastructure. The trouble is, you can get a spurt in GDP growth, which may not be sustainable. I would much rather build the gradient of a long-term marathon. ~ Uday Kotak
Gdp quotes by Uday Kotak
measures like GDP per person give only a rough reflection of the overall level of wellbeing of an individual or a nation. But for sustainable development we are interested in raising human wellbeing, not just in raising income, still less in a mad race for more riches for people who are already rich. Therefore, it is important to ask how we can best measure wellbeing (or life satisfaction) beyond GDP per capita. ~ Jeffrey D. Sachs
Gdp quotes by Jeffrey D. Sachs
On the other hand, there are a number of cases where economic growth did not produce better governance, but where, to the contrary, it was good governance that was responsible for growth. Consider South Korea and Nigeria. In 1954, following the Korean War, South Korea's per capita GDP was lower than that of Nigeria, which was to win its independence from Britain in 1960. Over the following fifty years, Nigeria took in more than $300 billion in oil revenues, and yet its per capita income declined in the years between 1975 and 1995. In contrast, South Korea grew at rates ranging from 7 to 9 percent per year over this same period, to the point that it became the world's twelfth-largest economy by the time of the Asian financial crisis in 1997. The reason for this difference in performance is almost entirely attributable to the far superior government that presided over South Korea compared to Nigeria. ~ Francis Fukuyama
Gdp quotes by Francis Fukuyama
One industrial age belief is that GDP or GNP is a measure of progress. I don't care if you're the President of China or the U.S., if your country doesn't grow, you're in trouble. But we all know that beyond a certain level of material need, further material acquisition doesn't make people happier. ~ Peter Senge
Gdp quotes by Peter Senge
We do not support the man. We do not support the individual. We support the idea of independent revolution in the Western Hemisphere, free from American intervention ~ Lee Harvey Oswald
Gdp quotes by Lee Harvey Oswald
Strictly from the perspective of human well-being, the richest-but-warmest world characterized by the A1FI scenario would probably be superior to the poorer-but-cooler worlds at least through 2085, particularly if one considers the numerous ways GDP per capita advances human well-being. ~ Indur M. Goklany
Gdp quotes by Indur M. Goklany
I don't have a problem with guilt about money. The way I see it is that my money represents an enormous number of claim checks on society. It's like I have these little pieces of paper that I can turn into consumption. If I wanted to, I could hire 10,000 people to do nothing but paint my picture every day for the rest of my life. And the GDP would go up. But the utility of the product would be zilch, and I would be keeping those 10,000 people from doing AIDS research, or teaching, or nursing. I don't do that though. I don't use very many of those claim checks. There's nothing material I want very much. And I'm going to give virtually all of those claim checks to charity when my wife and I die. ~ Warren Buffett
Gdp quotes by Warren Buffett
GDP doesn't register, as Robert Kennedy put it, "the beauty of our poetry or the strength of our marriages, or the intelligence of our public debate." GDP measures everything, Kennedy concluded, "except that which makes life worthwhile." Nor does GDP take into account unpaid work, the so-called compassionate economy. ~ Eric Weiner
Gdp quotes by Eric Weiner
The materialistic paradigm of Western science has been a major obstacle for any objective evaluation of the data describing the events occurring at the time of death. ~ Stanislav Grof
Gdp quotes by Stanislav Grof
I could end the deficit in 5 minutes. You just pass a law that says that anytime there is a deficit of more than 3% of GDP all sitting members of congress are ineligible for reelection. ~ Warren Buffett
Gdp quotes by Warren Buffett
The reductionist measure of yield is to agriculture systems, what GDP is to economic systems. It is time to move from measuring yield of commodities, to health and well-being of ecosystems and communities. Industrial agriculture has its roots in war. Ecological agriculture allows us to make peace with the earth, soil and the society. ~ Vandana Shiva
Gdp quotes by Vandana Shiva
Could a government dare to set out with happiness as its goal? Now that there are accepted scientific proofs, it would be easy to audit the progress of national happiness annually, just as we monitor money and GDP. ~ Polly Toynbee
Gdp quotes by Polly Toynbee
GDP does not allow for the health of our children, the quality of their education, or the joy of their play ~ Robert Kennedy
Gdp quotes by Robert Kennedy
Growth can also involve producing services instead of goods. In particular, a major expansion of public and caring services (like child care, education, elder care, and other life-affirming programs) would generate huge increases in GDP and incomes, with virtually no impact on the environment. ~ Jim Stanford
Gdp quotes by Jim Stanford
The issue of universal coverage is not a matter of economics. Little more than 1 percent of GDP assigned to health could cover all. It is a matter of soul. ~ Uwe Reinhardt
Gdp quotes by Uwe Reinhardt
Creativity is key to productivity and prosperity. ~ Ifeanyi Enoch Onuoha
Gdp quotes by Ifeanyi Enoch Onuoha
The three wealthiest people in the world own more than the GDP of forty-eight countries! ~ Alice Walker
Gdp quotes by Alice Walker
About half the global economy is living beyond not only its means but its diminished number of children's means. Instead of addressing that fact, countries with government debt of 125 percent of GDP are being "rescued" by countries with government debt of 80 percent of GDP. Good luck with that. ~ Mark Steyn
Gdp quotes by Mark Steyn
A quick quiz. What do the following events have in common? The war in Iraq. The Exxon Valdez oil spill. The rise in America's prison population. The answer: They all contribute to our nation's gross national product, or what's now referred to as gross domestic product, or GDP, and therefore all are considered "good," at least in the dismal eyes of economists. ~ Eric Weiner
Gdp quotes by Eric Weiner
The majority of humankind does not accept this system, despite claims of worldwide support. Even with Russia's ratification, 75% of the world's CO2 is emitted by, 68% of the world's GDP is produced in, and 89% of the world's population live in countries that are not handcuffed by Kyoto's restrictions. Like fascism and communism, Kyotoism is an attack on basic human freedoms behind a smokescreen of propaganda. Like those ideologies of human hatred, it will be exposed and defeated. ~ Andrey Illarionov
Gdp quotes by Andrey Illarionov
We've used up a lot of bullets. And we talk about stimulus. But the truth is, we're running a federal deficit that's 9 percent of GDP. That is stimulative as all get out. It's more stimulative than any policy we've followed since World War II. ~ Warren Buffett
Gdp quotes by Warren Buffett
Slow growth and inflation have a tendency to accompany large deficits and increasing debt as a percentage of GDP. ~ Bill Gross
Gdp quotes by Bill Gross
Today's market action is driven by the slower GDP growth rate. Despite oil being higher, I think the GDP kind of overruled everything and just makes the market feel better about what the Fed is going to do, or rather not do. ~ L'Wren Scott
Gdp quotes by L'Wren Scott
And the irony is that the war purchases are recorded as a positive for economic growth and the GDP. Though the war spending is an economic negative and provides no improvement in the people's standard of living, the government statisticians brag about an upward blip in the GDP. Besides, these bills are paid for by borrowing and printing money, thus increasing future debt obligations and causing higher prices for the next generation. ~ Ron Paul
Gdp quotes by Ron Paul
Global warming could be solved by shifting three to four per cent of global GDP to pay for it. ~ Ken Livingstone
Gdp quotes by Ken Livingstone
GDP of only just over Italy's that's trying to maintain ~ Jeff Wise
Gdp quotes by Jeff Wise
India needs to be liberated both from the 'high GDP growth hedgehogs' and the 'conservation at all costs hedgehogs.' ~ Jairam Ramesh
Gdp quotes by Jairam Ramesh
World military spending has now risen to over $1.2 trillion. This incredible sum represents 2.5 per cent of GDP (global gross domestic product). Even if 1 per cent of it were redirected towards development, the world would be much closer to achieving the Millennium Development Goals. ~ Ban Ki-moon
Gdp quotes by Ban Ki-moon
Western countries in particular can today no longer be separated from Muslim societies, because they have them within themselves. They are themselves internally globalized. ~ Ulrich Beck
Gdp quotes by Ulrich Beck
The welfare of a nation can scarcely be inferred from a measurement of national income as defined by the GDP. ~ Simon Kuznets
Gdp quotes by Simon Kuznets
I have always said that I want Malawi to attain growth that should not just be seen in GDP, but in the growth of opportunities for all, protection for all, and equality for all. ~ Joyce Banda
Gdp quotes by Joyce Banda
Piketty would impose a progressive annual tax on capital. By a static analysis, such a tax might reduce the yield of capital to the rate of GDP expansion and thus eliminate the bias toward top-heavy accumulation by elites. Upholding the secular stagnation theory of permanent growth slowdown, he naturally focuses on depressing the return to capital. Taking money from the rich and giving it to government might seem to address "inequality." But by putting capital into the hands of the least productive users of it - politicians - he would aggravate the very stagnation he warns against. ~ George Gilder
Gdp quotes by George Gilder
It turns out from a number of more recent studies that reported happiness is strongly positively linked with the change or growth in GDP per capita from year to year. ~ Diane Coyle
Gdp quotes by Diane Coyle
I think, my generation, it's hard to have hope when you got a $700-trillion derivatives debt to pay and a bubble about to explode and $500 trillion worth of GDP. ~ Shia Labeouf
Gdp quotes by Shia Labeouf
By 2060, India's economy is projected to be larger than China's because of its greater population growth. India is forecast to produce about one-quarter of world GDP from 2040 through the rest of this century. ~ Jeremy J. Siegel
Gdp quotes by Jeremy J. Siegel
The US economy, because it's so energy wasteful, is much less efficient than either the European or Japanese economies. It takes us twice as much energy to produce a unit of GDP as it does in Europe and Japan. So, we're fundamentally less efficient and therefore less competitive, and the sooner we being to tighten up, the better it will be for our economy and society. ~ Hazel Henderson
Gdp quotes by Hazel Henderson
Essentially my contribution was to introduce repetition into Western music as the main ingredient without any melody over it, without anything just repeated patterns, musical patterns. ~ Terry Riley
Gdp quotes by Terry Riley
Much of the social history of the Western world over the past three decades has involved replacing what worked with what sounded good. ~ Thomas Sowell
Gdp quotes by Thomas Sowell
If the interest rate the country pays on its debt is higher than the growth of nominal GDP (that's real GDP plus inflation) that debt ratio automatically goes up - unless the government runs a surplus in the budget excluding interest. Conversely, when the interest rate a country pays on its debt is below its growth rate, the ratio automatically drops, unless there's a deficit in the budget, excluding interest. The latter scenario - having interest rates below the growth rate - is like having the wind at your back. And that's the situation Spain, Ireland and Portugal should all be in this year. Italy is close. ~ Anonymous
Gdp quotes by Anonymous
If Europe today accounts for just over 7 per cent of the world's population, produces around 25 per cent of global GDP and has to finance 50 per cent of global social spending, then it's obvious that it will have to work very hard to maintain its prosperity and way of life, ~ Angela Merkel
Gdp quotes by Angela Merkel
The upshot is the following: Perhaps 4 percent of extra GDP could be collected as of 2015 mainly by taxing the rich (2 percent), tightening corporate taxation (1 percent), strengthening tax enforcement (0.5 to 1 percent), taxing financial transactions, and taxing carbon emissions (0.5 percent). Introducing a VAT would raise even more revenues and could be phased in over several years. The point is that there are lots of options, and most of them could be concentrated near the top of the income distribution, where they belong. How ~ Jeffrey D. Sachs
Gdp quotes by Jeffrey D. Sachs
If you have a private firm and you spend a ton of money to pay employees, but what you produce is a flop, there will be no value to GDP. But government spending all gets counted as contributing to economic growth. That's why in the early days of creating these measurements, some people didn't want to count government spending. ~ Robert Higgs
Gdp quotes by Robert Higgs
The Obama administration's attempted short-term fixes, even with unprecedented monetary easing by the Federal Reserve, produced average GDP growth of just 2.2% over the past three years, and the consensus outlook appears no better for the year ahead. ~ Glenn Hubbard
Gdp quotes by Glenn Hubbard
When more women join the labor force and, particularly, become entrepreneurs, GDP rises dramatically in those countries - in both developed and developing economies. ~ Dina Powell
Gdp quotes by Dina Powell
Government is taking 40 percent of the GDP. And that's at the state, local and federal level. President Obama has taken government spending at the federal level from 20 percent to 25 percent. Look, at some point, you cease being a free economy, and you become a government economy. And we've got to stop that. ~ Mitt Romney
Gdp quotes by Mitt Romney
When gross public debt exceeds 90 percent of GDP, economic growth tends to decline considerably. ~ Kevin McCarthy
Gdp quotes by Kevin McCarthy
Given the rest of the economic news, including the fact that GDP growth is positive, inflation is still low, jobless claims are still moving downward and temporary services are firming up, that means the recovery continues, and we hope it will continue in a more robust fashion, ~ Elaine Chao
Gdp quotes by Elaine Chao
Our estimates suggest that a tax increase of 1 percent of GDP reduces output over the next three years by nearly 3 percent. The effect is highly significant. ~ Christina Romer
Gdp quotes by Christina Romer
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