A Quote by Martin Feldstein

The price of imported oil in the US doubled between summer 2003 and summer 2005, reducing consumers' purchasing power by more than 1 per cent of gross domestic product.

Martin Feldstein

Quote Topics

Between Cent Consumers Domestic Gross Gross Domestic Product More Oil Per Power Price Product Purchasing Purchasing Power Reducing Summer Than Us

Quote Author

Martin Feldstein
American - Economist
Born: November 25, 1939

The economy of the United States gross domestic product doubled from 1996 to 2015, doubled, more than, $8.8 trillion to $17.1 trillion. And the median household income went down.

Mark Shields

Our royalty statement has been minimal and menial. Really. We don't collect more than a per cent of a per cent of a per cent of a per cent of a per cent of a per cent of a per cent. We get maybe the seventh of 1 percent.

Liz Mitchell

World military spending has now risen to over $1.2 trillion. This incredible sum represents 2.5 per cent of GDP (global gross domestic product). Even if 1 per cent of it were redirected towards development, the world would be much closer to achieving the Millennium Development Goals.

Ban Ki-moon

Average tariffs between rich countries are only 3 per cent. But developing countries face tariffs of more than 300 per cent in the EU for meat and more than 200 per cent in the US for fruit and nuts. These need to come down dramatically.

Hilary Benn

The top 10 per cent of the US population appropriated 91 per cent of income growth between 1989 and 2006, while the top 1 per cent took 59 per cent.

Ha-Joon Chang

So-called defense now absorbs sixty per cent of the national budget, and about twelve per cent of the Gross National Product.

George Wald

Housing has led our nation's economic expansion over the past few years, accounting for 16 percent of our Gross Domestic Product. New housing starts and home sales hit record levels from 2003 through 2005.

Randy Neugebauer

Gross National Happiness is more important than Gross Domestic Product. attr to Buthan's King Jigme Singye Wangchuck

John Robbins

I fell for her in summer, my lovely summer girl, From summer she is made, my lovely summer girl, I’d love to spend a winter with my lovely summer girl, But I’m never warm enough for my lovely summer girl, It’s summer when she smiles, I’m laughing like a child, It’s the summer of our lives; we’ll contain it for a while She holds the heat, the breeze of summer in the circle of her hand I’d be happy with this summer if it’s all we ever had.

Maggie Stiefvater

There is no shortage of time. In fact, we are positively awash with it. We only make good use of 20 per cent of our time.... The 80/20 principle says that if we doubled our time on the top 20% of activities, we could work a two-day week and achieve 60 per cent more than now.

Richard Koch

The only way to learn writing is by writing. Talent, as charming as it sounds, amounts to no more than 12 per cent of the process. Work is 80 per cent. The remaining 8 per cent is 'luck' or 'zeitgeist' - in short, things that are not in our hands.

Elif Safak

One of the great drivers of the alienation that has made Donald Trump possible is that the growth in the American economy has been weak. In the decade from 2005 to 2015, there was not one year when the US hit three per cent growth. And to the extent there's been growth, virtually all of it has been collected by the top 10 per cent of the population. Obviously, if we knew how to make growth faster, we would. We don't. And it's very difficult to make growth more broadly shared. Because it's not just the US that has this problem.

David Frum

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.'

Peter Blair Henry

Five per cent vision is better than no vision at all. Five per cent hearing is better than no hearing at all. Five per cent flight efficiency is better than no flight at all. It is thoroughly believable that every organ or apparatus that we actually see is the product of a smooth trajectory through animal space, a trajectory in which every intermediate stage assisted survival and reproduction.

Richard Dawkins

There's not a human being alive I won't talk to. There's a quite simple rule. If you like somebody more than you dislike them you can have a relationship. Once you accept you like 75 per cent but 25 per cent you find irritating for this or that reason, you just have to ignore that 25 per cent.