Quotes of All Topics . Occasions . Authors
A study by Treasury economists estimated that a country with a tax rate one percentage point lower than another country's attracts 3 percent more capital. It's not surprising then, that average OECD corporate tax rates have trended steadily downward.
The upside of a downward spiral into despair and defeat in young adulthood is that pretty early on, I was forced to face not only the foolish things I had done but also the stark realization that there was likely no end to what I was capable of doing.
Was there ever a nation on God's fair earth civilized from the bottom upward? Never; it is, ever was, and ever will be from the top downward that culture filters. The Talented Tenth rises and pulls all that are worth the saving up to their vantage ground.
Our tree is actually a tree of the short-term interest rate. The average direction in which the short-term interest rate moves depends on the level of the rate. When the rate is very high, that direction is downward; when the rate is very low, it is upward.
Fear stifles our thinking and actions. It creates indecisiveness that results in stagnation. I have known talented people who procrastinate indefinitely rather than risk failure. Lost opportunities cause erosion of confidence, and the downward spiral begins.
Love, it has been said, flows downward. The love of parents for their children has always been far more powerful than that of children for their parents; and who among the sons of men ever loved God with a thousandth part of the love which God has manifested to us?
After Hurricane Katrina, over New Orleans, my helicopter crashed and the pilot and I were only saved because we fell on the roof of a flooded house that absorbed the shock. When the helicopter was spiraling downward out of control, I didn't expect to survive at all.
The 'Downward Spiral' album was a record all about beating everybody up - and then 'Hurt' was like a coda saying maybe I shouldn't have done that. But to make the song sound impenetrable because I thought it was a little too vulnerable, I tried to layer it in noise.
It is fatal for any body of workers to have forever hanging from the fringes of its skirts other bodies on a level just below its own; for that means continual pressure downward, additional difficulty to be overcome in the struggle to maintain reasonable rates of wages.
By putting downward pressure on interest rates, the Fed is trying to make financial conditions more accommodative - supporting asset values and lower borrowing costs for households and businesses and thus encouraging the spending that spurs job creation and a stronger recovery.
In his late quartets, Beethoven introduces an element that shouldn't be there, that should be left for meditation, though I love them. I can see that through them came Wagner and Mahler and Schoenberg and Berg. And then came Tracey Emin. And I can see it all as one downward path.
I was working as a volunteer in a village, 25 km. from Bhopal, Madhya Pradesh, in 2012 when India Against Corruption movement started. I had realized that change needs to come from top downward, so I decided to join the movement as a volunteer and started policy research for the same.
When people retire, their income drops much more sharply than their consumption. As a result, they stop saving and start drawing down the assets they've acquired during their high-saving years. That could start to put upward pressure on interest rates and downward pressure on stock prices.
Walmart's period of explosive growth coincided with decades of wage stagnation and deindustrialization. By applying relentless downward pressure on prices and wages, the company came to dominate both consumer spending and employment in small towns and rural areas across the middle of the country.
'Downward Spiral' felt like I had an unending bottomless pit of rage and self-loathing inside me and I had to somehow challenge something or I'd explode. I thought I could get through by putting everything into my music, standing in front of an audience and screaming emotions at them from my guts.
One of my favorite workouts to do with my girlfriends is yoga. We are equally impatient with our yoga. We are those people who are sweating in the back, and we'll be in downward dog giggling and looking at each other. And I know what we're all thinking: What are we going to order for dinner afterward?
Every day on our streets there are people who are facing a combination of homelessness, mental illness, and addiction. Each of these conditions is challenging alone, but when experienced at the same time it creates a downward spiral that makes it even more difficult for the person to get treated and housed.
We judged that a sudden, disorderly failure of Bear would have brought with it unpredictable but severe consequences for the functioning of the broader financial system and the broader economy, with lower equity prices, further downward pressure on home values, and less access to credit for companies and households.
