A Quote by John Hutton

Western Europe GDP per capita - not taking into account the new accession counties - was lower in 2001 relative to that of the US than any time since the 1960's. — © John Hutton
Western Europe GDP per capita - not taking into account the new accession counties - was lower in 2001 relative to that of the US than any time since the 1960's.
The counties with the highest per capita income aren't near New York City or Los Angeles - they're in the Washington, D.C. area - a one-company town where the company is the government. The three counties with the highest incomes in the entire country are all suburbs of Washington. Eleven of the 25 counties with the highest incomes are near Washington.
Now, in New Jersey, we have more government workers per square mile than any state in America. But since I've been governor we now have fewer people on the state payroll at any time since Christie Whitman left office in January 2001. That's the right direction, Mr. President, not the wrong direction.
I once read that more millionaires per capita were created during the Great Depression than at any other time in history.
I think the main figure that matters to all of us, including people in the media, is: How does GDP per capita grow? And those figures have been very good. There is a huge flux both up and down, so it isn't like we're all static in status. What's important is that pie grows.
For any economy, there are two basic factors determining how many jobs are available at any given time. The first is the overall level of activity - with GDP as a rough, if inadequate measure of overall activity - and the second is what share of GDP goes to hiring people into jobs. In terms of our current situation, after the Great Recession hit in full in 2008, US GDP has grown at an anemic average rate of 1.3 percent per year, as opposed to the historic average rate from 1950 until 2007 of 3.3 percent.
Between 2001 and 2011, Brazil lifted 20 million people out of poverty and into its growing middle class, and in the last quarter of the twentieth century Botswana's gross domestic product per capita grew faster than that of any other country on the planet. The once-labeled 'Third World' is edging its way into the 'First World.'
What the new fertilizer technology has accomplished for the farmer is clear: more crop can be produced on less acreage than before. Since the cost of fertilizer, relative to the resultant gain in crop sales, is lower than that of any other economic input, and since the Land Bank pays the farmer for acreage not in crops, the new technology pays him well. The cost-in environmental degradation-is borne by his neighbors in town who find their water polluted. The new technology is an economic success-but only because it is an ecological failure.
We have made a decision in our economy to lower taxes on successful risk-taking and have been very successful relative to Europe and Japan.
Many people assume that since New Jersey is a wealthy state with a high per capita income that a lot of these issues of poverty and hunger don't exist, and the fact is that they do.
Africa has more dictators per capita than any other continent.
I'm not worried they're all about the investments we make. I mean, listen, this country - we've got $46,000 or $47,000 of GDP per capita. Now, we've done pretty darn well. We'll do better in the future.
If Europe today accounts for just over 7 per cent of the world's population, produces around 25 per cent of global GDP and has to finance 50 per cent of global social spending, then it's obvious that it will have to work very hard to maintain its prosperity and way of life.
We are incarcerating more people on a per capita basis in California than any country in the world other than South Africa or the Soviet Union.
If you look at the creative economy in this country, it's per capita way bigger than any other in the world.
Britain has always had more art schools per capita than any other country.
I live in Loudoun County, and the counties surrounding Washington, D.C., have the highest per-capita income in the country. Not because they create wealth, but because they suck wealth from the rest of the country, and that system needs to be shaken up.
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