A Quote by Warren Buffett
The rich are always going to say that, you know, just give us more money and we'll go out and spend more and then it will all trickle down to the rest of you. But that has not worked the last 10 years, and I hope the American public is catching on.
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Trickle-down economics - it didn't work. The whole idea was supply-side economics: give rich people a lot of money; they'll spend it, it'll go into the economy. Here's what we found out - rich people, really good at keeping all the money. That's how they got rich. If you want it in the economy, give it to the poor people. You know what they're really good at? Spending all their money.
Sir, money, money, the most charming of all things; money, which will say more in one moment than the most elegant lover can in years. Perhaps you will say a man is not young; I answer he is rich. He is not genteel, handsome, witty, brave, good-humored, but he is rich, rich, rich, rich, rich -that one word contradicts everything you can say against him.
Nothing changed in my life since I work all the time," Pamuk said then. "I've spent 30 years writing fiction. For the first 10 years I worried about money and no one asked me how much money I made. The second decade I spent money and no one was asking me about that. And I've spent the last 10 years with everyone expecting to hear how I spend the money, which I will not do.
I think unfortunately in this gold rush mentality that we've been in for the last years there has been not enough focus on business model quality. So when push comes to shove, there actually aren't that many great businesses that can go public. Because I think if you're going to thrive as a public company, it presupposes that you make more money than you spend.
Here are some questions I am constantly noodling over: Do you splurge or do you hoard? Do you live every day as if it's your last, or do you save your money on the chance you'll live twenty more years? Is life too short, or is it going to be too long? Do you work as hard as you can, or do you slow down to smell the roses? And where do carbohydrates fit into all this? Are we really all going to spend our last years avoiding bread, especially now that bread in American is so unbelievable delicious? And what about chocolate?
There is a theory that basically says that we can shred regulations and consumer protections and give more and more to the most, and somehow prosperity will trickle down. It hasn't worked. And I think that the fundamentals of the economy have to be measured by whether or not the middle class is getting a fair shake.
When I'm on tour, I don't see these spots as much as I'd like. I'm just in, I perform, then I'm out. I hope to spend years sightseeing, then more years after that.
I don't believe our country will last the way we know it much longer unless there's a change. And we just continue this moral decline going down, and the only hope, I believe, is God. We just hope and pray that maybe he'll hear our prayers and give us some godly leadership.
[Donald] Trump and all the Republicans believe in the theory of trickle down economics which is a theory discredited even by the author himself David Stockton. The theory suggests that if we take care of the people at the top, if we cut taxes for the wealthy, if we make sure they are doing really well, then the investments that they make in the economy and the jobs that will create, will make everything grow and it will have a trickle down effect on the rest of us.
Old models of development simply seek to lure business with substantial tax breaks and then hope (and pray) that economic benefits will trickle down to residents. It has not worked for our city in the past, and it will not work for the future city that we all hope want to see.
And I think the more money you put in people's hands, the more they will spend. And if they don't spend it, they invest it. And investing it is another way of creating jobs. It puts money into mutual funds or other kinds of banks that can go out and make loans, and we need to do that.
Conservatives say if you don't give the rich more money, they will lose their incentive to invest. As for the poor, they tell us they've lost all incentive because we've given them too much money.
In the rest of the world, rich people will give a donation, and businessmen give to charities. But in Mexico, the execution capacity of what we call the social sector is missing. I find it much more effective to set up the actual social organisation and then fund it with my money.
My brother was always going to go in the direction of football. With me, it was more between school and football. Eventually, it worked out for both of us. We're pleased to have gone down that path. I'm proud that my parents always supported us, in good and in bad times. You need that.
I'm looking at a tax process that will allow people to keep more of their money because we know what happens when job creators get to keep more of their money than they're - they have the confidence to go out and spend that money to create jobs that in turn create wealth.
My hope is that I'm going to continue to make more and more challenging work that's going to come out more and more interesting. I don't know if that will always continue to happen, but every one of my films has definitely been a progression as far as complexity of narrative, character, and plot.
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