A Quote by Joseph Stiglitz

There is a broad consensus, not only in the United States but in most of the world, that if you are in an economic downturn, you need to stimulate. Germany seems to be an exception.

Joseph Stiglitz

Quote Topics

Broad Consensus Downturn Economic Economic Downturn Exception Germany Most Need Only Seems States Stimulate United United States World

Quote Author

Joseph Stiglitz
American - Economist
Born: February 9, 1943

Take Germany and Japan, both defeated in the Second World War. Germany has acknowledged its monstrous crimes to a certain extent, has paid reparations and so on. Japan, in contrast, apologizes for nothing and has paid no reparations, with one exception: It pays reparations to the United States, but not to Asia.

Noam Chomsky

I can say to the German people that the United States has been good for Germany. Has looked out for Germany. Has provided security for Germany. Has helped rebuilt Germany. And unify Germany.

Barack Obama

Look at Germany where 20 percent of the labor force is in manufacturing compared to about 8 percent in the United States. Germany pays a lot more conscious attention at the level of the federal government to attracting and keeping manufacturers in Germany. So this is something that other countries do that the United States has not historically done.

Edward Alden

Partners like the United States and Germany must always discuss all issues, including these questions. I welcome the fact that a discussion over legitimate methods of questioning and interrogation is taking place in both Germany and the United States.

Angela Merkel

Everyone in the world is impacted by the United States' Big Brother attitude toward the world. We need countries to say no to the United States. The United States is the dominant power in the universe, with its eavesdropping abilities, cyber abilities. And the world is in danger with our tyranny.

Oliver Stone

Germany is a capitalist state nurtured carefully and brought back to prosperity by the United States, and it is very loyal to the United States. I don't even think the Germans enjoy full sovereignty. There are some things which they cannot do if the United States doesn't wish them to do it.

Tariq Ali

In the next economic downturn there will be an outbreak of bitterness and contempt for the supercorporate chieftains who pay themselves millions. In every major economic downturn in US history the villains have been the heroes during the preceding boom.

Peter Drucker

Let me put it very forcefully: No large economy has ever recovered from an economic downturn through austerity. It's not going to happen in the United States, and it's not going to happen in Europe.

Joseph Stiglitz

On the issue past of independence of Germany, after the time of National Socialism, Germany has been given an enormous amount of help particularly and also from the United States of America. A fact that we were able to enjoy German unification is due first and foremost to the help of the United States of America.

Angela Merkel

What we need in the United States is not division; what we need in the United States is not hatred; what we need in the United States is not violence or lawlessness; but love and wisdom, and compassion toward one another, and a feeling of justice toward those who still suffer within our country, whether they be white or they be black.

Robert Kennedy

What the United States has done hasn't always been liked or popular. But if you look at some of the most populous places in the world - China, India - the United States is not only respected but, in fact, popular.

Condoleezza Rice

The United States can't keep a completely open system if the rest of the world is less open. The United States may have to take a leaf out of the book of Japan, China, and Germany, and have protectionism inside the system.

Robert Mundell

Germany is one of the medium powers of the world. It is a non-nuclear power. It is in a lower class than the United States, the Soviet Union, France, the United Kingdom and others.

Helmut Schmidt

As economic globalization gathers momentum, China and the United States have become highly interdependent economically. Such economic relations would not enjoy sustained, rapid growth if they were not based on mutual benefit or if they failed to deliver great benefits to the United States.

Xi Jinping

The ideals and the values of the United States inspired the entire world. I don't think any of us can say that our standing in the world now, the way children around the world look at the United States, is the same. And part of what we need to do is to send a message to the world that we are going to invest in issues like education, we are going to invest in issues that relate to how ordinary people are able to live out their dreams. And that is something that I'm going to be committed to as president of the United States.

Barack Obama

This is kind of hard to articulate, but in broad outline, the United States is going to do what the United States has to do.