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Globalization creates economic policies where the transnationals lord over us, and the result is misery and unemployment.
Sep 30, 2025
I am shocked that Republicans can't explain why our technological and economic advantages are the result of sound monetary and economic policy.
There is no economic policy. That's really important to say. The general modus operandi of the Bushies is that they don't make policies to deal with problems. They use problems to justify things they wanted to do anyway. So there is no policy to deal with the lack of jobs. There really isn't even a policy to deal with terrorism. It's all about how can we spin what's happening out there to do what we want to do.
The White House is defending President Obama's sports activities over the past week, saying that everyone needs leisure time. Thanks to these economic policies, 9.5 percent of Americans have all the leisure time they need.
I do think Donald Trump has conservative instincts. I think he had anti-Obama instincts. I think he saw Obamacare, the Obama foreign policy, the Obama economic policies as harmful to America.
In the usual (though certainly not in every) public decision on economic policy, the choice is between courses that are almost equally good or equally bad. It is the narrowest decisions that are most ardently debated.
In a democracy the responsibility for the Government's economic policies, which so affect the economy, normally rests with the elected representative of the people: in our case, with the President and the Congress. If these two follow economic policies inimical to the general welfare, they are accountable to the people for their actions on election day. With Federal Reserve independence, however, a body of men exist who control one of the most powerful levers moving the economy and who are responsible to no one.
To see economic policy as a problem of choice between rival ideologies is the greatest error of our time.
Milton Friedman’s misfortune is that his economic policies have been tried.
State interference in economic life, which calls itself economic policy, has done nothing but destroy economic life. Prohibitions and regulations have by their general obstructive tendency fostered the growth of the spirit of wastefulness.
In a normal time, I don't think economic policy makes a large difference one way or another. But in times of crisis it makes all the difference in the world.
Any nation that allows the government to dominate its monetary and economic policies will ultimately suffer grave consequences.
Progressive economic policies lead to a sustainable economy.
An economic policy which does not consider the well-being of all will not serve the purposes of peace and the growth of well-being among the people of all nations.
Economic policies need to be analyzed in terms of the incentives they create, rather than the hopes that inspired them.
It is doubtful that the government knows much more than the public does about how government [Economic] policies will work.
Why does a public discussion of economic policy so often show the abysmal ignorance of the participants?
We have to change economic policy: create confidence, foster investment, cut the public deficit, restructure taxation, and reform the labor laws.
Economic policy and decision making do not function in a political vacuum.
Remember, Republican economic policies quadrupled the debt before I took office and doubled it after I left. We simply can't afford to double-down on trickle-down.
My interest in economics has always been in the whole corpus of economic theory, the interrelationships between the various fields of theory and their relevance for the formulation of economic policy.
I shall argue that it is the capital stock from which we derive satisfaction, not from the additions to it (production) or the subtractions from it (consumption): that consumption, far from being a desideratum, is a deplorable property of the capital stock which necessitates the equally deplorable activity of production: and that the objective of economic policy should not be to maximize consumption or production, but rather to minimize it, i.e. to enable us to maintain our capital stock with as little consumption or production as possible.
Inappropriate macro economic policies in some economies, characterised by [a] low savings rate and high consumption [and] failure of financial supervision and regulation to keep up with innovation which allowed financial derivatives to spread.
After 20 years in Congress, I still believe that smaller government and lower taxes are the most effective economic policies.
The situation in Iraq and the reckless economic policies in the United States speak to one issue for me, and that is the competence of our leader.
The New York Times had a headline on its website - Trump Turning To Ultra Wealthy To Steer Economic Policy. This doesn't sound very populist to me. Today's commerce secretary, the names being talked about for treasury secretary, I think there will be populist talk but maybe no populist action.
Our listeners asked us: "What is chaos?" We're answering: "We do not comment on economic policy."
I did meet Mickey Mouse in California, and he seems to be writing the Labour party's economic policy at the moment.
Over the last decade, - economists seemed to share a broad consensus about economic policy, with the old splits between monetarists and Keynesians apparently being settled by events. But the Great Recession of the last two years has changed everything.
New Labour was the most short-sighted, self-serving, incompetent, useless, and ineffective government that Britain has ever known.
The media has brainwashed the electorate to expect the government to do something. The best economic policy of any government is to do nothing but reduce the size of the government, reduce the size of the laws, and reduce the size of regulations.
Economic policies command bipartisan support only when they're incoherent.
Trickle down economics is a fraud. Giving tax breaks to the rich and large corporations does not create jobs. It simply makes the rich richer, enlarges the deficit and increases income and wealth inequality. We need economic policies which benefit working families, not the billionaire class.
The people see that Wall Street is running our economic policy, that big oil is running our energy policy and the military industrial complex is determining our foreign policy.
I think it's important for people to say look, what does each party and each candidate have to offer for you. If you want a better future that is going to be reliant on making smart economic policies, compare my husband's eight years with Ronald Reagan's eight years. 23 million new jobs, more than seven million people lifted out of poverty.
By the respectable terms of the modern literary profession, novelists do not preach. And, in fact, there has probably not been a less respectable novelist among the irrefutably enduring writers of our time than Ayn Rand: philosopher queen of the best-seller lists in the forties and fifties, cult phenomenon and nationally declared threat to public morality in the sixties, guru to the Libertarians and to White House economic policy in the seventies, and a continuing exemplar or Wilde's tragic observation that more than half of modern culture depends on what one shouldn't read.
That was an exception within the [Barack] Obama administration's economic policy, a crisis that he inherited from the previous administration, and felt it was essential to carry through on.
Barack Obama likes to point to General Motors as the poster child for the job creation success of his economic policies. However, whatever your sentiments about the government's bailout of General Motors, for every job Barack Obama 'saved-or-created' in the U.S. there were two jobs off shore.
I think that one of the things that we all agree to is that the touchstone for economic policy is, does it allow the average American to find good employment and see their incomes rise; that we can't just look at things in the aggregate, we do want to grow the pie, but we want to make sure that prosperity is spread across the spectrum of regions and occupations and genders and races; and that economic policy should focus on growing the pie, but it also has to make sure that everybody has got opportunity in that system.
Economic policies absorb almost the entire attention of government, and at the same time become ever more impotent. The simplest things, which only fifty years ago one could do without difficulty, cannot get done any more. The richer a society, the more impossible it become to do worthwhile things without immediate payoff.
The World Trade Organization, The World Bank, The International Monetary Fund and other financial institutions virtually write economic policy and parliamentary legislation. With a deadly combination of arrogance and ruthlessness, they take their sledgehammers to fragile, interdependent, historically complex societies and devastate them, all under the fluttering banner of 'reform'.
The American president increasingly used his influence to create conflicts, intensify existing conflicts, and, above all, to keep conflicts from being resolved peacefully. For years this man looked for a dispute anywhere in the world, but preferably in Europe, that he could use to create political entanglements with American economic obligations to one of the contending sides, which would then steadily involve America in the conflict and thus divert attention from his own confused domestic economic policies.
Unemployment in the sense of distress is widely disappearing. . . . We in America today are nearer to the final triumph over poverty than ever before in the history of any land. The poor-house is vanishing from among us. We have not yet reached the goal, but given a change to go forward with the policies of the last eight years, and we shall soon with he help of God be in sight of the day when poverty will be banished from this nation. There is no guarantee against poverty equal to a job for every man. That is the primary purpose of the economic policies we advocate
I have always believed that the ultimate purpose of economic policies and development policy is to meet the basic needs of our people. And for that, we need a fast-expanding economy.
The Idea of Anti-imperialism is... to be considered on several grounds. First, it is traditionally pervasive in the United States, though given its most extreme form in anti-Western academe. Second, it is used as a negative label for any effort by the United States, or the West, to encourage liberties, to block fanaticisms, and to make aid dependent on positive economic policies. Those concerned with the future development of their countries, and of the world, cannot afford to let obsolete resentments distort their aims.
We've got to ride the global-warming issue. Even if the theory of global warming is wrong, we will be doing the right thing in terms of economic policy and environmental policy.
And yet, there are still people in American politics who, for some reason, cling to this belief that America is better off adopting the economic policies of nations whose people who immigrate here from there.
Within the U.S., the Obama presidency will be mainly measured by the success or failure of his economic policies. And here, I fear, the monstrous stimulus package with which this administration stumbled out of the gate will prove to be Obama's Waterloo.
If this Government cannot get the adjustment, get manufacturing going again, and keep moderate wage outcomes and a sensible economic policy, then Australia is basically done for. We will end up being a third rate economy... a banana republic.
Some of the most dramatic consequences of the Kosovo war are linked to the resumption of the arms race and the suicidal political and economic policies of countries like India and Pakistan where tons of money are currently being spent on atomic weaponry. This is abhorrent!