A Quote by Ian Macfarlane

For years I have made the point that progress in winding back economic slack is made not by high growth in any individual year, but by maintaining an expansion over a sustained period.
Health care is in as bad a shape as it has ever been after eight years of Barack Obama and the Democrat Party running it and running the US economy. It's an absolute disaster. Other areas of the economy are a disaster. Economic growth? There isn't any. It's 1% per quarter, a 4% growth rate per year if we're lucky. There is no expansion. There is no productivity increase.
If someone puts you in front of a 30m high wall, tells you to get over it, and then comes back two years later and you're still there, you've made no progress. You should find another wall.
We have made a huge amount of progress over the last 50 years by enabling trade, by enabling kind of collaboration and learning. And actually, in fact, when you look at your average 30-year-old today, they're much better off than a 30-year-old 20 years ago, 30 years ago, because of progress in technology and health care and all the rest of this.
Let me tell you, never before in the history of this planet has anybody made the progress that African-Americans have made in a 30-year period, in spite of many black folks and white folks lying to one another.
Eventually economic growth reaches the point at which the accumulation of wealth in the families of achievers becomes so significant that the hatred and envy of success become stronger than the desire for continued economic growth, and a period dominated by resentment begins.
Socialism is nothing more nor less than the social, political and ideological system which breaks the fetters upon economic growth created under capitalism and opens the way to a new period of economic and social expansion on a much larger scale.
After a year of transformation Foster's Group sits at the doorstep of a period of sustained strong earnings growth.
Inflation is certainly low and stable and, measured in unemployment and labour-market slack, the economy has made a lot of progress. The pace of growth is disappointingly slow, mostly because productivity growth has been very slow, which is not really something amenable to monetary policy. It comes from changes in technology, changes in worker skills and a variety of other things, but not monetary policy, in particular.
I persevered, sustained, and continued to work hard and finally got my opportunity in Detroit, and I never turned back from that point. That's what made it so sweet to me to win a championship after what I went through. I had to scrap and fight to get through it, and to reach the pinnacle made it even sweeter.
I think we've made tremendous progress on racism. We've even made progress on war. We've made almost no progress on poverty.
Economic growth must be the central issue because it is only through growth that the devastating threat of national bankruptcy can be averted. Furthermore, it is only by reviving American economic growth that the West's global predominance can be sustained, and peace and freedom kept secure around the world.
It took the national debt two hundred years to reach $1 trillion. Supply Side Economics quadrupled the national debt to over $4 trillion in twelve years (1980-1992) under the Republicans. Bill Clinton actually paid down the national debt. How did he do it? He raised taxes. It produced the longest sustained economic expansion in U.S. History.
The data does not support that high-income tax cuts are the main drivers of growth, so I don't think that uncertainty over what the tax rate will be for someone that makes a million dollars a year has that big an impact on the economic growth rate in the country.
I believe we have made a decision now that will permit us to create an economic order in the world that will promote more growth, more equality, better preservation of the environment, and a greater possibility of world peace, we are on the verge of a global economic expansion that is sparked by the fact that the United States at this critical moment decided that we would compete, not retreat.
For Arkansas, I think the sky is the limit, but I think we are going to have to fight the urge to avoid risks. We need to look first at where we are as a state. I think, as a state, we have made progress over the years, but there are two kinds of progress: absolute progress and relative progress.
Massive progress has been made in the last five years. More progress has to be made in terms of fiscal union and banking union.
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