A Quote by Lou Jiwei

Everyone knows the U.S. economy shouldn't be so reliant on consumption. More investments should be made. — © Lou Jiwei
Everyone knows the U.S. economy shouldn't be so reliant on consumption. More investments should be made.
Lula's political culture translated into a government project that sought to include the poor in the budget with minimal efforts in terms of structural transformation. The inclusion of the poor would trigger the economy, creating a virtuous cycle of mass consumption market, increased tax collection, more investments, and more benefits.
The illusion that consumption - and its correlative, income - is desirable probably stems from too great preoccupation with what Knight calls "one-use goods," such as food and fuel, where the utilization and consumption of the good are tightly bound together in a single act or event. ... any economy in the consumption of fuel that enables us to maintain warmth or to generate power with lessened consumption again leaves us better off. ... there is no great value in consumption itself.
Instead of engaging in cutthroat competition, we should strive to create value. In economic terms, this means a transition from a consumer economy - the mad rush for ownership and consumption - to a constructive economy where all human beings can participate in the act of creating lasting worth.
I think President Barack Obama is going to be treated very, very well by history in terms of his ability to save the economy. And that's certainly true in rural areas. The unemployment rate is substantially reduced, the poverty rate is down, and in large part because of the investments that were made during the Recovery Act and thereafter, historic investments.
Obama is already setting a new historic course by reorienting the economy from private consumption to public investments... Rightwing pundits bemoan the evident intention of Obama and team to 'tell us what kind of car to drive'. Yet that is exactly what they intend to do...and rightly so. Free-market ideology is an anachronism in an era of climate change.
The United States should pursue a more robust agenda for U.S. competitiveness and innovation focused on a lower-carbon economy, including investments in education, basic research and development, infrastructure, retraining, retirement security, and universal health care.
The United States is more reliant on the technical systems. We're more reliant on the critical infrastructure of the internet than any other nation out there. And when there's such a low barrier to entering the domain of cyber-attacks we're starting a fight that we can't win.
If you look at how the US economy has suffered over the last 15 or 20 years, it's in significant part because we haven't done the investments in research and development and infrastructure and other public goods that are necessary for our growth. And, unfortunately, we're going to be feeling that overhang for a long time to come, because it's the investments we made in the 1950s and '60s and '70s that result in some of the greatest technological breakthroughs that we enjoy today.
Everyone knows that a lot of memoirs have made-up scenes; it's obvious. And everyone knows that half the time at least fictions contain literal autobiographical truths. So how do we decide what's what, and does it even matter?
It turns out the population issue is an easier thing to deal with than the consumption issue. Some obvious extremes in consumption we can deal with. The standard cure for a stuttering economy is to go out and buy an SUV and three more refrigerators. That's obviously not the way to go.
Our economy, for a long while, has been transitioning from one reliant on industrial strength to one based on digital information. The next step in this transition is a digital economy shaped by connectivity.
In the kingdom of consumption the citizen is king. A democratic monarchy: equality before consumption, fraternity in consumption, and freedom through consumption.
A healthy economy is largely a result of a reasonable balance between consumption today and consumption deferred, and it's pretty clear that balance has been ridiculously out of whack for a while.
We need to enact comprehensive immigration reform, to bring people out of the shadows and empower them to more fully and freely participate in their communities and the economy. And we need to invest in our nation's deteriorating infrastructure - investments that would create jobs and benefit all sectors of the economy.
Everyone should educate themselves in more wise and responsible consumption; promote personal responsibility, along with the social dimension of rural activities, which are based on perennial values, such as hospitality, solidarity, and the sharing of the toil of labor.
I work with the macro economy, which involves the major variables that measure the health of the whole economy, such as total consumption, investment, income, employment, and inflation.
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