A Quote by Mignon McLaughlin

Be glad that you're greedy; the national economy would collapse if you weren't.

Mignon McLaughlin

Quote Topics

Collapse Economy Glad Greedy National National Economy Would

Quote Author

Mignon McLaughlin
American - Journalist
June 6, 1913 - December 20, 1983

There's no denying that a collapse in stock prices today would pose serious macroeconomic challenges for the United States. Consumer spending would slow, and the U.S. economy would become less of a magnet for foreign investors. Economic growth, which in any case has recently been at unsustainable levels, would decline somewhat. History proves, however, that a smart central bank can protect the economy and the financial sector from the nastier side effects of a stock market collapse.

Ben Bernanke

A United States collapse would be much different than a Greece collapse. Greece can collapse, and there's a ripple. We collapse, and the world feels it.

Rush Limbaugh

A comprehensive national energy policy is critical to our nation's economy and our national security. Energy expenditures account for about 7% percent of our total economy and influence pricing in the much of the rest of the economy.

Heather Wilson

The bottom line for housing is that the concerns we used to hear about the possibility of a devastating collapse—one that might be big enough to cause a recession in the U.S. economy—while not fully allayed have diminished. Moreover, while the future for housing activity remains uncertain, I think there is a reasonable chance that housing is in the process of stabilizing, which would mean that it would put a considerably smaller drag on the economy going forward.

Janet Yellen

You would think that if neoliberals were in any way honest, after the collapse of the Soviet Union the first thing to do is get rid of the Red Army and the KGB, and build up the economy. Instead, they just get rid of the economy and keep the military and the KGB.

David Graeber

If Palestinian Authority refuse to join the US-run negotiations, their basis for support would collapse. They survive on donations essentially. Israel has made sure that it's not a productive economy.

Noam Chomsky

The economic position is only flourishing on the surface. Germany is in fact dancing on a volcano. If the short-term credits are called in, a large section of our economy would collapse.

Gustav Stresemann

A collapse in U.S. stock prices certainly would cause a lot of white knuckles on Wall Street. But what effect would it have on the broader U.S. economy? If Wall Street crashes, does Main Street follow? Not necessarily.

Ben Bernanke

If the Taliban comes back to power, the impact would be devastating. A country that has made great strides, in terms of development indicators, would take a huge step backwards. Afghanistan's national economy would be devastated.

Chris Alexander

Men in America were terrified that if women got an equal say in society, the system would collapse and their lives would be valued less. Whites in America were scared that if blacks obtained their freedom and equality, the system would collapse and their lives would be devalued. Heterosexuals are terrified that the psychotic institution of marriage will collapse if gays are given their right to marry. And humans are terrified that if animals are liberated and no longer viewed as inferior subordinates, human life will be valued less.

Gary Yourofsky

Our economy is at war with many forms of life on earth, including human life. What the climate needs to avoid collapse is a contraction of humanity's use of resources; what our economic model demands to avoid collapse is unfettered expansion. Only one of these sets of rules can be changed, and it's not the laws of nature

Naomi Klein

The nation as such is not a large subject that has needs, that works, practices economy, and consumes. . . . Thus the phenomena of “national economy” . . . are, rather, the results of all the innumerable individual economic efforts in the nation and . . . must also be theoretically interpreted in this light. . . .Whoever wants to understand theoretically the phenomena of “national economy” . . . must for this reason attempt to go back to their true elements, to the singular economies in the nation, and to investigate the laws by which the former are built up from the latter.

Ralph Raico

The economics of industrialized countries would collapse if women didn't do the work they do for free: According to economist Marilyn Waring, throughout the West it generates between 25 and 40 percent of the gross national product.

Naomi Wolf

After the collapse of socialism, capitalism remained without a rival. This unusual situation unleashed its greedy and - above all - its suicidal power. The belief is now that everything - and everyone - is fair game.