Jodi Rell Quotes

Local economies are suffering as people spend more on fuel and less on consumer goods and travel.

If we continue to print new paychecks at the rate we've been adding them, that mitigates a lot of the damage of higher gasoline prices.

If the Administration does nothing, high gasoline prices will continue to increasingly burden our economy, taking millions of dollars out of the hands of families and putting it straight into the pockets of OPEC.

Sector-specific price declines, uncomfortable as they may be for producers in that sector, are generally not a problem for the economy as a whole and do not constitute deflation.

People aren't just paying more to fill their gas tanks or when they pay for their heating bills for their home; they are paying more at the grocery store, on air travel and for many other daily expenses.

It doesn't take a degree in economics to know that something is wrong when it takes $30 or $40 to fill up the gas tank.

I think gas prices are a conspiracy.

I think, like everybody else in New Hampshire, when I pull up to fill up my car and I pay $50, I get upset. And I'm wondering if these prices are legitimate.

High gas prices are eating away at consumer's disposal income and could lead to a further economic downturn, especially for those whose livelihood depend on gasoline and diesel fuel.

The reason gas prices are so high is because the oil is in Texas and Oklahoma and all the dipsticks are in Washington.

Inflation is taxation without legislation.

If workers have less money in their pockets to put food on the table, they will be spending less money; your economy will suffer.

In addition to joblessness, of course, by the working of supply and demand, when you have a larger number of people unemployed, wages do not rise at the normal level, so that we had last year a drop in real wages.

The price of imported oil in the US doubled between summer 2003 and summer 2005, reducing consumers' purchasing power by more than 1 per cent of gross domestic product.

Why are people unemployed? Because there is no work. Why is there no work? Because people are not buying products and services. Why are people not buying products and services? Because they have no money. Why do people have no money? Because they are unemployed.

Clearly, high energy prices will have a large negative effect on the California economy and could possibly drag the rest of the nation into a recession.

What we're talking about is the price of goods, all goods, in terms of money. That has nothing to do with unemployment, except for the fact that you get fewer goods. And when you have more money and fewer goods, the amount of dollars per good goes up. It goes up because there are fewer goods and it goes up because there is more money.

If we're going to talk about economic fairness, or about fairness, one of the most pressing economic issues facing families, seniors, and job creators in Missouri and across America is the strain of skyrocketing gas prices.

Deflation is defined as a general decline in prices, with emphasis on the word 'general.'

Today's gasoline prices are taking a severe toll on Americans' pocketbooks. Consumers are anxious.

We've probably gotten 500 calls from people saying what the heck is going on with gas, and I gotta say I agree with you. What the heck is going on with gas?

This matter of prices was frequently made a subject for jesting in private, but for the most part it was carefully avoided in the newspapers. It was too ominous of evil to be a fit topic of editorial discussion on ordinary occasions. As with the accounts of battles in which our arms were not successful, necessary references to the condition of the finances were crowded into a corner, as far out of sight as possible.

Attempting to control inflation or protect the dollar by throwing legions of people out of work and shutting down shifts in our factories and mines is a hopeless policy.

As homeowners see the value of their homes decline, they become more likely to delay purchases of the big items - like automobiles, electronics and home appliances - that are ballasts of the American economy. When those purchases decline, large manufacturing firms, suddenly short on funds, could begin laying off employees.

If the economy is bad, I might be bringing a lot of things in, but it's difficult to sell, and the opposite when the economy is good.