Quotes of All Topics . Occasions . Authors
The rate of growth of the management skills of any country is inversely proportional to the number of MBAs. Germany produces no MBAs, but America used to produce MBAs by the millions, and you saw the German economy, until at least the '90s, was certainly more efficient than the American economy.
As a steward of the U.S.economy and financial systems, the Treasury has helped lay the groundwork for the American economy to become a model of strength, flexibility, dynamism, resiliency. This is a system that generates growth, creates jobs and wealth, rewards initiative, and fosters innovation.
The debate we won't be having is whether or not the debt ceiling should be raised. We will not have a situation where people will hold the American economy hostage in order to achieve a specific agenda - at least not until 2013. So we think that is incredibly important as a matter of economic good.
I have never believed in the fallacy that the federal government can buy its way out of economic troubles through needless spending. For that reason, I am proud to oppose 'stimulus' packages and endless corporate bailouts, which will do little but weaken the long-term integrity of the American economy.
Aggregate aid is to the Ethiopian economy what Obama's fiscal stimulus was to the American economy: minus these injections, both economies would suffer catastrophically. The theatrical blustering of the Ethiopian government notwithstanding, donor countries have a make-or-break power over the Ethiopia's prosperity.
When I was in my late twenties, a friend suggested that, since I was an avid SF reader and had been since I was barely a teenager, that since it didn't look like the poetry was going where I wanted, I might try writing a science fiction story. I did, and the first story I ever wrote was 'The Great American Economy.'
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.
During the Great Depression, levels of crime actually dropped. During the 1920s, when life was free and easy, so was crime. During the 1930s, when the entire American economy fell into a government-owned alligator moat, crime was nearly non-existent. During the 1950s and 1960s, when the economy was excellent, crime rose again.
One wonders whether the Obama re-election campaign may be on the right track as it seeks to apply the you-break-it-you-own-it rule to Bush and the American economy. Hardly a day goes by without President Obama or his surrogates arguing that it takes longer than four years to recover from an economic crisis so long in the making.
If I could distil the relevance of Bruce Springsteen's music to Australia it would be this: don't let what has happened to the American economy happen here. Don't let Australia become a down-under version of New Jersey, where the people and the communities whose skills are no longer in demand get thrown on the scrap heap of life.
A report released by the Partnership for a New American Economy and the Partnership for New York City predicts that by 2018, there will be 800,000 science, technology, engineering, and mathematics (STEM) jobs in the United States that require a master's degree or higher - and only around 550,000 American-graduates with this training.