A Quote by Nigel Lawson

The fears of recession in the aftermath of Black Monday have turned to fears of the economy racing ahead too fast, with inflation edging up and a substantial current account deficit... People understandably feel more confident about their future than they've done for decades, but as a result they have been borrowing more and saving less... Coming on top of a massive income investment boom, it's all been just a bit too much of a good thing.

Nigel Lawson

Quote Topics

About Account Aftermath Been Bit Black Boom Borrowing Coming Confident Current Decades Deficit Done Economy Fast Fears Feel Future Good Good Thing Income Inflation Investment Just Less Massive Monday More Much People Racing Recession Result Saving Substantial Than Thing Too Too Much Too Much Of A Good Thing Top Turned Up

Quote Author

Nigel Lawson
British - Politician
Born: March 11, 1932

The U.S. has been living in a situation of excesses for too long. Consumers were out spending more than their income and the country was spending more than its income, running up large current-account deficits. Now we have to tighten our belts and save more.

Nouriel Roubini

[Do you worry unnecessarily about the future? Remember most fears are just False Evidence Appearing Real. Don't let unfounded fears rob you of the joys of life or you too will say...] There has been much tragedy in my life; [and] at least half of it actually happened.

Mark Twain

I've never been able to get it straight about what these people who are worried about the trade deficit are worried about. When they say that we're buying too much from overseas, that we're sending too many dollars overseas to get all these goods and services they got, they're saying that the American dollar is too strong and that is hurting our economy. And the result of this will be that the American dollar will get too weak, and that will hurt our economy.

P. J. O'Rourke

If there had been a charismatic figure in the United States who could mobilize fears, anger, racism, a sense of loss of the future that belongs to us, this country could be in real danger. We're lucky that there never has been an honest, charismatic figure. McCarthy was too much of a thug, you know? Nixon was too crooked. Trump, I think, is too much of a clown. So, we've been lucky.

Noam Chomsky

Trying to cut the deficit too far, too fast isn't working. The government must adopt a steadier, more balanced plan to get our deficit down and take immediate action now to support the economy and create jobs here in Britain.

Ed Balls

Many decry rising inequality because it makes those who've fallen behind feel impoverished. But it's done much more than cause hurt feelings. It has also raised the real cost to middle-income families of achieving many basic goals. The process begins with the completely unremarkable fact that top earners have been spending at a substantially higher rate than before. They've been building bigger mansions, staging more elaborate weddings and coming-of-age parties for their kids, buying more and better of everything.

Robert H. Frank

Our practical choice is not between a tax-cut deficit and a budgetary surplus. It is between two kinds of deficits: a chronic deficit of inertia, as the unwanted result of inadequate revenues and a restricted economy; or a temporary deficit of transition, resulting from a tax cut designed to boost the economy, increase tax revenues, and achieve -- and I believe this can be done -- a budget surplus. The first type of deficit is a sign of waste and weakness; the second reflects an investment in the future.

John F. Kennedy

A very complicated mass of things influences the economy - the speculative effect, government policy, consumer borrowing and spending, the level of technical innovation (which I concede, although everyone emphasizes it too much), and much more - including, of course, the rate of inflation.

John Kenneth Galbraith

I feel like I've grown up a bit. I'm a bit more confident, and I've been reading more, and I've had a little more time to myself. I went on this writing trip to gather my thoughts about where and who I am in this world, and why we're all here.

Imogen Heap

While tax refunds amount to substantial income for many Americans, current IRS rules do not allow taxpayers to directly deposit their refund into more than one account.

Jim Cooper

For Russians in the '90s, there was that sense of not knowing what the future held at all. And coming off a long period of when people actually were robbed of the ability to plan their future - that's very much a part of totalitarian control - that exacerbated it. In this country, we are not coming off a long period like that. But I think that for a lot of Americans, as a result of globalization, as a result of the housing crisis, the future is just too uncertain. And their place in the world is too uncertain.

Masha Gessen

It is not just disposable income but whether people feel good about their immediate future that drives sales. It is this feel-good factor that drives the purchases more and more than mere economic wealth.

Johann Rupert

Everybody has been told already that they're too shy, too aggressive, too emotional, too reserved. They know what their fatal flaw is. They know the one thing to do to get better. But they just don't commit to changing because they feel a little bit in love with it, a little bit in love with the way they've been.

Glenn Kelman

For the three decades after WWII, incomes grew at about 3 percent a year for people up and down the income ladder, but since then most income growth has occurred among the top quintile. And among that group, most of the income growth has occurred among the top 5 percent. The pattern repeats itself all the way up. Most of the growth among the top 5 percent has been among the top 1 percent, and most of the growth among that group has been among the top one-tenth of one percent.

Robert H. Frank

And no, it wasn't shame I now felt, or guilt, but something rarer in my life and stronger than both: remorse. A feeling which is more complicated, curdled, and primeval. Whose chief characteristic is that nothing can be done about it: too much time has passed, too much damage has been done, for amends to be made.

Julian Barnes

It has been said that the Fed's job is to take the punch bowl away just as the party gets going, raising interest rates when the economy is growing too fast and inflation threatens.

Alex Berenson

A Quote by Nigel Lawson

Quote Topics

Quote Author

Related Quotes

Related Authors