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I just think that - when a country needs more income and we do, we're only taking in 15 percent of GDP, I mean, that - that - when a country needs more income, they should get it from the people that have it.
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.
I find Maersk fascinating. It is the Coca-Cola of freight with none of the fame. Its parent company, A. P. Moller-Maersk, is Denmark's largest company, its sales equal to 20 percent of Denmark's GDP; its ships use more oil than the entire nation.
In the last 5 years, American employers have lost over $150 billion of productivity to depression alone. That is more than the GDP of 28 different States during the same period.
Patrick J. Kennedy
For most of human history, the main goal of states has been to conquer land and to achieve glory for their rulers, usually at others' expense. Then in recent decades it was all about GDP. It's only in very recent history that rulers have been willing to commit themselves to helping their citizens live happier lives.
Slow growth and inflation have a tendency to accompany large deficits and increasing debt as a percentage of GDP.
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.
Britain is a textbook case of how growing inequality leads to economic crisis. The years before the crash were marked by a sharp rise in remortgaging and the growth of 0 percent balance transfer credit cards. By 2008 the UK had the highest ratio of household debt to GDP of any major economy.
It costs governments money to keep fuel prices low. Oil-rich Yemen, for instance, devotes 9 percent of its GDP to making sure its people don't riot when oil prices rise.
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.
Global warming could be solved by shifting three to four per cent of global GDP to pay for it.
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?
All of our competitors around the world, every country is investing more in infrastructure as a percentage of their GDP than we are. And down the road our children and grandchildren will have to compete with that more and more.
Douglas R. Oberhelman
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.
Yes. We do think that the stimulus package is raising GDP and raising employment relative to what would have happened otherwise.
We are misery-making machines! Homo sapiens has perfected the art of causing suffering. Pain is humankind's collective GDP.
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.
Europe and North America, we are told, are less dependent on energy-intensive heavy industry than in the 1960s and 1970s. It seems we squeeze more GDP out of a barrel of oil than in those benighted days.
Entitlements seem to grow with prosperity; not only because they are indexed to inflation or GDP, but also because a prosperous country tells itself it can afford more benefits.
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.'
If every country committed to spending 0.05 per cent of GDP on researching non-carbon-emitting energy technologies, that would cost $25 billion a year, and it would do a lot more than massive carbon cuts to fight warming and save lives.
India needs to be liberated both from the 'high GDP growth hedgehogs' and the 'conservation at all costs hedgehogs.'
But clearly an economy that's growing and expanding like this one - and it certainly is doing that with high GDP output, employment numbers strong, capacity utilization strong - that's an environment in which the Fed needs to continually be alert to early signs of inflation.
John W. Snow
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.
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.
C. S. Lewis
Leonardo da Vinci
Martin Luther King, Jr.
A. P. J. Abdul Kalam
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