Economic Direction Quotes

It's not about the pace, it's about the direction we've set. The pace is of course a function of many factors, including the magnitude of the supply shock. But what's probably more important is the probability of the supply shock translating into sustainable embedded inflation.

It's not trickle down economics. The problem that the president has is that he's rudderless on the economy. I mean, he doesn't quite know what to do. It's a wake-up on Monday and try to figure it out. It takes time to turn a supertanker, so you need to know where you need to go.

Corporative economy introduces order even into economy. If there is a phenomenon which ought to be well-ordered, which ought to be directed toward certain definite aims, it is precisely the economic phenomenon, which interests the whole of the citizens. Not only industrial economy ought to be disciplined, but also agricultural economy, commercial economy, banking economy, and even the work of artisans.

Investors don't like uncertainty. The market is telling us that they need certainty, they need to see where the economy is heading. If the government is committed to continue the Open Door policy, they will need to come up with concrete policies and execution steps to increase confidence.

We have now under President Obama's leadership had 29 months in a row of private sector job growth. That stretch of positive private sector job growth hasn't happened since 2005. We still have a long way to go, but we are moving in the right direction.

When it comes to social issues such as the role of the family, I'm certainly more conservative than Angela Merkel. But on the big questions on what direction and where Germany should develop, when it comes to the economy, then we have very similar views.

The Federal Reserve is the overlord of the money supply. If these two are not steering in the same direction, they can either neutralize each other or have the economy lurching in all directions. This is not a rational system for setting economic policy. It has given us trouble in the past, as the text will establish, and will inevitably in the future.

Green is not just about renewable energy. It's also about creating a new direction for the whole economy. This requires government to step up, not step back, creating the kinds of mission-oriented public organizations that will enable us to tackle climate change - as ambitious as those that got us to the moon. It also requires the financial sector to be less short-term since we know that short-term finance has distorted incentives and directions in areas like biotechnology.

I don't think the economy telegraphs very clearly where it's going.

Withdrawing support from globalization is taking us in the wrong direction.

The Treasury Department has a critical role to play in helping to set the direction of a U.S. and global economy, a role that reaches back to America's founding.

There will come a moment when the most urgent threats posed by the credit crisis have eased and the larger task before us will be to chart a direction for the economic steps ahead. This will be a dangerous moment. Behind the debates over future policy is a debate over history-a debate over the causes of our current situation. The battle for the past will determine the battle for the present. So it's crucial to get the history straight.

We need to take the country in the right direction, whether it is around administrative policy decisions or legislative changes or ensuring the macroeconomic stability.

Who owns the assets of our Nation? Increasingly, foreign interests own our assets, and we owe them money. No wonder people think our country is headed in the wrong direction. It is.

The direction of all economic affairs is in the market society a task of the entrepreneurs. Theirs is the control of production. They are at the helm and steer the ship. A superficial observer would believe that they are supreme. But they are not. They are bound to obey unconditionally the captain's orders.

But if the choice is a cool president and 8 or 10 percent unemployment in a declining economy and a country that seems to be going in the wrong direction and structural unemployment for young people at 50 percent, I'd rather have a dorky president who fixed those problems.

The reason we tend to support Republicans is they're taking us toward the cliff at only 70 miles per hour miles an hour and the Democrats are taking us 100 miles an hour.

Well, I think the president has clearly submitted us a tight budget, but it's what's called for if we're going to get spending under control and keep the economy moving in the right direction, with economic growth and job creation activity.

The notion that big business and big labor and big government can sit down around a table somewhere and work out the direction of the American economy is at complete variance with the reality of where the American economy is headed. I mean, it's like dinosaurs gathering to talk about the evolution of a new generation of mammals.

We feel no isolation. But, having said that, I want to emphasise in particular that we do not want to go to extremes and abandon the European and American directions in our foreign economic cooperation.