A Quote by Karl-Johan Persson
Ninety-nine percent of everyday things are things we don't need - that goes for regular visits to the hairdresser just as it does for clothing. What would it mean if we all consumed 20 percent less? It would be catastrophic. It would mean 20 percent less jobs, 20 percent less taxes, 20 percent less money for schools, doctors, roads. The global economy would collapse.
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Economists often talk about the 80/20 Principle, which is the idea that in any situation roughly 80 percent of the “work” will be done by 20 percent of the participants. In most societies, 20 percent of criminals commit 80 percent of crimes. Twenty percent of motorists cause 80 percent of all accidents. Twenty percent of beer drinkers drink 80 percent of all beer. When it comes to epidemics, though, this disproportionality becomes even more extreme: a tiny percentage of people do the majority of the work.
Gamblers spend 10 percent less on food; 25 percent less on clothing and 35 percent less on savings
I would cap the amount of federal government can spend at 20 percent of the economy. Bring it back to 20 percent or lower. And say, we are not going to spend above that level. Democrats, they want to raise your taxes and spend more and more and turn us into an economy which is no longer driven by the private sector.
If I had to give odds, I would say 30 percent of whatever good fortune I've had in this business has been luck, and 50 percent has been casting - so that's 80 percent right there. And 20 percent is just working really hard and taking risks.
If unemployment could be brought down to say 2 percent at the cost of an assured steady rate of inflation of 10 percent per year, or even 20 percent, this would be a good bargain.
I eat organic and cook my food whenever possible, and I live by the 80/20 rule. Eighty percent of the time I'm Stash all the way, 20 percent I enjoy the things I want.
My biggest worry is that Obama says he's going to tax the upper 5 percent by raising their taxes by 20 percent. But among that 5 percent are the corporations that are hiring middle-class Americans.
I try to use a balance of the 80/20 percent, where 80 percent of the time I'm eating very well, and 20 percent of the time, I'm a little more adventurous.
I kind of dread any kind of critical response, just because it's always painful in some way. Even if it's 80 percent good, it's the 20 percent that's bad that you remember - and that's a higher number than I usually get, 80 percent would be amazing.
I'm going to create tremendous jobs. And we're bringing GDP from, really, 1 percent, which is what it is now, and if Hillary Clinton got in, it will be less than zero. But we're bringing it from 1 percent up to 4 percent. And I actually think we can go higher than 4 percent. I think you can go to 5 percent or 6 percent.
Let us invest less and less in war and tax cuts for the richest 1 percent, and more and more in jobs and schools for the other 99 percent.
Persistence isn't very glamorous. If genius is one percent inspiration and ninety-nine percent perspiration, then as a culture we tend to lionize the one percent. We love its flash and dazzle. But great power lies in the other ninety-nine percent.
I live by the 80-20 rule: 80 percent of the time, you eat really healthy, and 20 percent, you treat yourself.
You go into a community and they will vote 80 percent to 20 percent in favor of a tougher Clean Air Act, but if you ask them to devote 20 minutes a year to having their car emissions inspected, they will vote 80 to 20 against it. We are a long way in this country from taking individual responsibility for the environmental problem.
I live by the 80/20 rule: I'm 80 percent healthy, and then 20 percent indulgent.
Barack Obama did get a higher percentage of the vote than anybody has in this country in 20 years. I mean, it was a resounding victory. I mean, whether his core constituency was 20 percent or what, his electoral constituency, which is how we measure elections, was 53 percent, which was, you know, historically high, the highest of any Democrat, other than Franklin Roosevelt and Lyndon Johnson.
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