A Quote by Michael Hudson

If you look at payments to labor as a proportion of national income or gross domestic product, you find profits going way up, investment and savings going up. — © Michael Hudson
If you look at payments to labor as a proportion of national income or gross domestic product, you find profits going way up, investment and savings going up.
Gross National Happiness is more important than Gross Domestic Product. attr to Buthan's King Jigme Singye Wangchuck
By 2030, up to 10 percent of the world's gross domestic product could be linked to space in some way.
Our gross domestic product, or GDP, is barely above 1 percent. And going down.
A lot of people out there working hard and finally building up to getting a pretty good income. Higher tax rates on them, you know, the income rates going up, the dividend rates are going up, the capital gains rates all going up before health care kicks in.
Although labor income is by far the largest component of gross national product, a job is not just a commodity. For many, work is an important reason for living. Even for those who are less fortunate in their allocation of work, being unemployed is a miserable state.
In the old 20th-century income distribution system, the shares of income going to capital, mainly in profits, and labor, in wages and non-wage benefits, were roughly stable. But that system is no more.
The idea of cross-border payments is going to completely go away... Our vision is for there to be no distinction between international and domestic payments.
Higher education is booming in the United States; the Gross National Mind is mounting along with the Gross National Product.
Education is the lifeline of the city of Boston in a lot of ways, as far as preparing and educating young people for the future. So when we think about that - I would love to have the $25 million dollar investment we made up to close the gap on charter schools. I'd love to make that investment in a different part of the school system if we could. The money that we're trying to adjust on transportation, I would love to, if we can save money in transportation - that's not going to be a savings, that's going to come into the general fund, that's going to be reinvested in the school.
We will find neither national purpose nor personal satisfaction in a mere continuation of economic progress, in an endless amassing of worldly goods. We cannot measure national spirit by the Dow Jones Average, nor national achievement by the Gross National Product.
This product that was on TV was available for four easy payments of $19.95. I would like a product that was available for three easy payments and one complicated payment. We can't tell you which payment it is, but one of these payments is going to be hard. The mailman will get shot, the envelope will not seal, the stamp will be in the wrong denomination. The final payment must be made in wampum.
I suspect that Donald Trump is going to be very tough with those countries that don't spend at least 2 percent of their gross domestic product on defense. He will ask them why should we allow a free-ride policy.
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.
A tax cut means higher family income and higher business profits and a balanced federal budget....As the national income grows, the federal government will ultimately end up with more revenues. Prosperity is the real way to balance our budget. By lowering tax rates, by increasing jobs and income, we can expand tax revenues and finally bring our budget into balance.
Broadcast TV is still the mothership and it will be for the foreseeable future. Audiences may be declining slightly but revenues are going up and profits are going up.
I want to know if I look up a whole lot of books about some form of cancer that that's not going to get to my insurance company and I'm going to find my insurance premium is going to go up by 5% because they've figured I'm looking at those books.
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