A Quote by Edward C. Prescott
You can't spend your way to prosperity.
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You cannot borrow and spend your way into prosperity. It does not work.
I don't really know what the prosperity gospel is. The way I define it is that I believe God wants you to prosper in your health, in your family, in your relationships, in your business, and in your career. So I do ... if that is the prosperity gospel, then I do believe that.
The American people know that we cannot spend our way to prosperity.
Obama and Democratic leaders in Congress believed we could spend our way to prosperity, and I guess they still do.
Real prosperity comes from everybody in the country working together in a growth mode. Real prosperity comes as a result of people's own initiative and efforts and so forth. Prosperity, if it comes from the government, is not prosperity. It's an existence or a subsistence or whatever, but it isn't prosperity.
What I did not know yet about hunger, but would find out over the next twenty-one years, was that brilliant theorists of economics do not find it worthwhile to spend time discussing issues of poverty and hunger. They believe that these will be resolved when general economic prosperity increases. These economists spend all their talents detailing the process of development and prosperity, but rarely reflect on the origin and development of poverty and hunger. A a result, poverty continues.
I have a personal prosperity plan. I know where my money goes, and how I can spend it more fruitfully. A prosperity plan is something fluid that may alter month to month.
Constructive trade, the two-way exchange of goods and services, is the most efficient and logical way for each nation . . . to build a stable prosperity, a prosperity based not on aid, but on mutually beneficial economic contacts.
Nobody is in their right to tell anybody how to spend their free time. If you like to spend it with your family or your kids, fantastic. If you want to spend it with your girlfriend, great. If you want to spend it doing charitable work, great. If you want to spend it through endorsements and marketing stuff, great.
Your prosperity consciousness is not dependent on money; your flow of money is dependent on your prosperity consciousness. As you can conceive of more, more will come into your life. There is an ocean of abundance available! There is plenty for everyone. You cannot rob another and they cannot rob you, and in no way can you drain the ocean dry... there is always more.
The way you think you spend your time and the way you actually spend your time are rarely the same.
For in prosperity a man is often puffed up with pride, whereas tribulations chasten and humble him through suffering and sorrow. In the midst of prosperity the mind is elated, and in prosperity a man forgets himself; in hardship he is forced to reflect on himself, even though he be unwilling. In prosperity a man often destroys the good he has done; amidst difficulties he often repairs what he long since did in the way of wickedness.
The truth is that you can spend your life any way you want, but you can spend it only once.
If you spend your time away from work looking at emails and making sure your inbox went down to zero, that's not an effective way to spend your time as a CEO or an entrepreneur. Often times, those emails aren't that important.
You grow your way to prosperity; you don't cut your way to it.
There is no secret to how to attain prosperity. The Universe supports and rewards us for taking risks on things that matter to the Universe. When we remember this, the mysteries about prosperity disappear, and prosperity stands explained. Prosperity will then manifest itself easily provided the Universe agrees that we are doing the right things in our lives to deserve this prosperity.
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