A Quote by Marc Faber

If we have an economic crisis in the Western world it's because the government makes up 50 percent or more of the economy. This is a cancer that is taking away people's freedom.

Marc Faber

Quote Topics

Away Because Cancer Crisis Economic Economic Crisis Economy Freedom Government Makes More People Percent Taking Up Western Western World World

Quote Author

Marc Faber
American - Businessman
Born: February 28, 1946

Government is taking 40 percent of the GDP. And that's at the state, local and federal level. President Obama has taken government spending at the federal level from 20 percent to 25 percent. Look, at some point, you cease being a free economy, and you become a government economy. And we've got to stop that.

Mitt Romney

I've heard people say putting is 50 percent technique and 50 percent mental. I really believe it is 50 percent technique and 90 percent positive thinking, see, but that adds up to 140 percent, which is why nobody is 100 percent sure how to putt.

Chi Chi Rodriguez

Here's why this matters: Studies show that a person who is interrupted takes 50 percent longer to accomplish a task. Not only that, he or she makes up to 50 percent more errors.

John Medina

Of course, the UK is a significant economy that makes up a quarter of American exports to the EU, more than 50 percent of our exports in certain sectors and over 25 percent of the government procurement opportunities we have in Europe. Brexit reduces the size of the TTIP deal for the United States, and there will need to be an adjustment of expectations accordingly, but Brexit underscores the value of reaching an agreement at this critical moment in the evolution of Europe.

Michael Froman

We are shrinking the size of the federal government as a percent of our economy from over 21 percent of the economy to 19 percent of the economy. At the same time, we're growing the private economy.

Franklin Raines

From an economic perspective, women are treated unfairly: they perform 66 percent of the world's work and produce 50 percent of the food but they only earn 10 percent of the income and own 1 percent of the property.

Zainab Salbi

Especially now, the immigrant problem is very dramatic around the world. Because we don't know what to do with them. They're in economic crisis, and there are more and more. There will be more and more. We speak about globalization of economy, but it's also globalization for immigration. Millions of people, they're willing to have a better life. A better life, they cannot have it where they live, so they move.

Costa-Gavras

The worst way to defend our freedom is to let our leaders start taking away our freedoms! It is exactly during times like these [a national crisis] that we need more freedom of speech, a strong and critical press, and a citizenry that is not afraid to stand up and say that the emperor has no clothes.

Michael Moore

In 1990, about 1 percent of American corporate profits were taken in tax havens like the Cayman Islands. By 2002, it was up to 17 percent, and it'll be up to 20-25 percent very quickly. It's a major problem. Fundamentally, we have a tax system designed for a national, industrial, wage economy, which is what we had in the early 1900s. We now live in a global, asset-based, services world. And we need to have a tax system that follows the economic order or it's going to interfere with economic growth, it's going to reduce people's incomes, and it's going to damage the US.

David Cay Johnston

We can reduce these cancer rates - breast cancer, prostate cancer, colon cancer - by 90 percent or more by people adopting what I call a nutritrarian diet.

Joel Fuhrman

There's nothing balanced about the 50 percent run, 50 percent pass because that's 50 percent stupid.

Mike Leach

Regarding the Economy & Taxation: America's most successful achievers do pay a higher share of the total tax burden. The top one percent income earners paid 18 percent of the total tax burden in 1981, and paid 25 percent in 1991. The bottom 50 percent of income earners paid only 8 percent of the total tax burden, and paid only 5 percent in 1991. History shows that tax cuts have always resulted in improved economic growth producing more tax revenue in the treasury.

Rush Limbaugh

I saw the government really using the excuse of a weak economy and a financial crisis to create more government and to push onto the American entrepreneurial society more and more restraints and government activity.

Rob Portman

It is popular to call it a crisis of the Western world. It is in fact a crisis of the whole world. Communism, which claims to be a solution of the crisis, is itself a symptom and an irritant of the crisis.

Whittaker Chambers

The American middle class used to be envy of the world. It was a byproduct of economic freedom. We had a very dynamic free-market economy and limited government. People were out there pursuing their own self-interest and creating employment opportunities.