Top 84 Quotes About Gdp
#1. The issue of universal coverage is not a matter of economics. Little more than 1 percent of GDP assigned to health could cover all. It is a matter of soul.
Uwe Reinhardt
#2. All of our competitors around the world, every country is investing more in infrastructure as a percentage of their GDP than we are. And down the road our children and grandchildren will have to compete with that more and more.
Douglas R. Oberhelman
#3. One industrial age belief is that GDP or GNP is a measure of progress. I don't care if you're the President of China or the U.S., if your country doesn't grow, you're in trouble. But we all know that beyond a certain level of material need, further material acquisition doesn't make people happier.
Peter Senge
#4. Yes. We do think that the stimulus package is raising GDP and raising employment relative to what would have happened otherwise.
Doug Elmendorf
#5. Credit is a promise to deliver money. It will produce GDP but you'll create credit ... So you reach a certain point that that you can't do that anymore ... There are choices. And how do we best support, apportion the money? How much is going to be transferred?
Ray Dalio
#6. I have always said that I want Malawi to attain growth that should not just be seen in GDP, but in the growth of opportunities for all, protection for all, and equality for all.
Joyce Banda
#7. The Obama administration's attempted short-term fixes, even with unprecedented monetary easing by the Federal Reserve, produced average GDP growth of just 2.2% over the past three years, and the consensus outlook appears no better for the year ahead.
Glenn Hubbard
#8. I'm pleased that some economists and sociologists are beginning to talk about, for example, alternative measures of human well-being - alternative, that is, to GDP, on which the world runs.
John Sulston
#9. I've got a chart here that shows our debt-to-GDP ratio. And while we did run deficits in the past, we now number our debt in trillions rather than in billions. And I think that represents a long-term danger, especially to the, the American dream.
Mark Kirk
#10. Britain is a textbook case of how growing inequality leads to economic crisis. The years before the crash were marked by a sharp rise in remortgaging and the growth of 0 percent balance transfer credit cards. By 2008 the UK had the highest ratio of household debt to GDP of any major economy.
Frances O'Grady
#11. I think, my generation, it's hard to have hope when you got a $700-trillion derivatives debt to pay and a bubble about to explode and $500 trillion worth of GDP.
Shia Labeouf
#12. We've had a number of economists supporting our legislation. And here's where we are. The American people can judge. Six largest financial institutions in America today have assets of roughly $10 trillion; equivalent to 58 percent of the GDP of the United States of America.
Bernie Sanders
#13. The welfare of a nation can scarcely be inferred from a measurement of national income as defined by the GDP.
Simon Kuznets
#14. I find Maersk fascinating. It is the Coca-Cola of freight with none of the fame. Its parent company, A. P. Moller-Maersk, is Denmark's largest company, its sales equal to 20 percent of Denmark's GDP; its ships use more oil than the entire nation.
Rose George
#15. Strictly from the perspective of human well-being, the richest-but-warmest world characterized by the A1FI scenario would probably be superior to the poorer-but-cooler worlds at least through 2085, particularly if one considers the numerous ways GDP per capita advances human well-being.
Indur M. Goklany
#16. Qatar is giving 2.8% of our GDP to research. This is something again that is a breakthrough, as nobody was even thinking of research as a tool or component for advancement in this part of the world.
Mozah Bint Nasser Al Missned
#17. We are misery-making machines! Homo sapiens has perfected the art of causing suffering. Pain is humankind's collective GDP.
Henry Rollins
#18. If your credit is going to grow at 10-15 percent per year in order to get your 5 percent GDP growth per year, eventually you're going to have a problem. This isn't a stable system.
Adair Turner
#19. When gross public debt exceeds 90 percent of GDP, economic growth tends to decline considerably.
Kevin McCarthy
#20. Our GDP growth rates are creating - our high GDP growth rates, the success of our economy means we're creating lots of disposable income.
John W. Snow
#21. A lot of our fiscal deficit went to fund consumption and really did not get used to build investment and infrastructure. The trouble is, you can get a spurt in GDP growth, which may not be sustainable. I would much rather build the gradient of a long-term marathon.
Uday Kotak
#22. I just think that - when a country needs more income and we do, we're only taking in 15 percent of GDP, I mean, that - that - when a country needs more income, they should get it from the people that have it.
Warren Buffett
#23. What Donald Trump is focused on is a policy of trade that looks after the interests of the American worker, not just the overall GDP numbers. And that is what is resonating.
Rick Santorum
#24. Slow growth and inflation have a tendency to accompany large deficits and increasing debt as a percentage of GDP.
Bill Gross
#25. In general, the PC's always had a fairly decent tie to GDP.
Brian Krzanich
#26. After almost 50 years in which federal spending averaged about 20 percent of GDP, Joe Sestak and Nancy Pelosi took federal spending to 25 percent. You know, that's a 25 percent increase in the size of the government overnight. That's what we - that's what we've got to rein in.
Pat Toomey
#27. The massive debt we have racked up to finance our wasteful government is pulling down growth today. Gross debt over 90 percent of GDP weakens growth now. Not tomorrow - now.
Jeff Sessions
#28. Equity, dignity, happiness, sustainability - these are all fundamental to our lives but absent in the GDP.
Helen Clark
#29. On any given day, according to UPS, 2 percent of the world's GDP can be found in UPS delivery trucks or package cars.
Thomas L. Friedman
#30. The mining industry's contribution to the GDP varies between 2.25 and 2.5 per cent.
A. P. J. Abdul Kalam
#31. It costs governments money to keep fuel prices low. Oil-rich Yemen, for instance, devotes 9 percent of its GDP to making sure its people don't riot when oil prices rise.
Robert Kiyosaki
#32. Western Europe GDP per capita - not taking into account the new accession counties - was lower in 2001 relative to that of the US than any time since the 1960's.
John Hutton
#33. GDP of only just over Italy's that's trying to maintain
Jeff Wise
#34. World talks GDP but in Bhutan its about National Happiness. Am sure having India as a neighbour would be 1 of the reasons for the happiness.
Narendra Modi
#35. Europe and North America, we are told, are less dependent on energy-intensive heavy industry than in the 1960s and 1970s. It seems we squeeze more GDP out of a barrel of oil than in those benighted days.
James Buchan
#36. I have seen businesses and government come together to provide women entrepreneurs with the training they need to better access markets, take advantage of trade agreements, and in the process grow businesses, jobs, and GDP. These are partnerships that transform lives.
Melanne Verveer
#37. I want to tell mayors, county chiefs and heads of big companies: don't just chase GDP growth; don't chase the biggest profits at the expense of our children and grandchildren and at the cost of sacrificing our ecological environment.
Chen Guangbiao
#39. Today's market action is driven by the slower GDP growth rate. Despite oil being higher, I think the GDP kind of overruled everything and just makes the market feel better about what the Fed is going to do, or rather not do.
L'Wren Scott
#40. GDP does not allow for the health of our children, the quality of their education, or the joy of their play
Robert Kennedy
#41. Charitable giving in the United States has remained at 2% of GDP since 1970.
Jeff Henderson
#42. The quality of the medical care delivered, including the pharmaceutical industry, has improved a lot. I don't think it's crazy for a rich country like the USto spend 15% of GDP on healthcare, and if it rose to 16-17%, it's not a big worry.
Charlie Munger
#43. The European Commission granted France an extra two years to meet its mandated budget deficit target of 3% of GDP. The deadline had already been extended by two years in 2013. It gave little explanation for the latest extension, which disappointed fiscal hawks.
Anonymous
#44. If I can save 25 billion dollars in terms of reduction of import, I will be adding one percent to the GDP. By conserving the oil energy by the people, the GDP will become 5.5 percent, and this will change the economy of the country.
Veerappa Moily
#45. I think the main figure that matters to all of us, including people in the media, is: How does GDP per capita grow? And those figures have been very good. There is a huge flux both up and down, so it isn't like we're all static in status. What's important is that pie grows.
Charlie Munger
#46. Entitlements seem to grow with prosperity; not only because they are indexed to inflation or GDP, but also because a prosperous country tells itself it can afford more benefits.
Amity Shlaes
#47. the connection between GDP growth and jobs is a myth.
Arundhati Roy
#48. The GDP rises whenever money changes hands ... The whole thing is reminiscent of Edward Abbey's reflection that growth for the sake of growth is the philosophy of the cancer cell.
John Robbins
#49. The United States invests just 2.4 percent of GDP in infrastructure; whereas, Europe invests twice that amount.
Bernie Sanders
#50. What are these so-called austerity measures? What do they really bring? Oh, they bring a lot more poverty. Oh, they bring a worse GDP. Oh, they bring more unemployment.
Gerald Celente
#51. If female were working in the same proportion as men do, the level of GDP would be up 27 percent in a country like India, but also up 9 percent in Japan and up 5 percent in the United States of America. It's not just a moral issue, not just a philosophical issue. It just makes economic sense.
Christine Lagarde
#52. Could a government dare to set out with happiness as its goal? Now that there are accepted scientific proofs, it would be easy to audit the progress of national happiness annually, just as we monitor money and GDP.
Polly Toynbee
#53. Apart from their work and production, households perform other important economic functions. Most CONSUMPTION occurs within the household ... In developed capitalist economies, private consumption spending accounts for half or more of GDP.
Jim Stanford
#54. If every country committed to spending 0.05 per cent of GDP on researching non-carbon-emitting energy technologies, that would cost $25 billion a year, and it would do a lot more than massive carbon cuts to fight warming and save lives.
Bjorn Lomborg
#55. 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
#56. Today, banking assets (that is, loans) in the world's major economies are equivalent to around 150 per cent of those countries' combined GDP.
Niall Ferguson
#57. I think we have a society which is spending more and more of its money on healthcare as a percent of GDP as a percent of a lot of things. I think that's a measure of success.
Dean Kamen
#58. It's time we admitted that there's more to life than money, and it's time we focused not just on GDP, but on GWB - general well-being
David Cameron
#59. While I was at Microsoft, the annual revenues grew larger than the GDP of the Republic of Ghana.
Patrick Awuah Jr.
#60. capita in the Republic of Korea was 121.8%. For Taiwan, that figure was 88.0%. In Hong Kong, real GDP growth per capita in that period leaped 64.2%, while in Singapore it was 77.5%. Growth in real earnings has been even more impressive,
Callum Henderson
#61. We've used up a lot of bullets. And we talk about stimulus. But the truth is, we're running a federal deficit that's 9 percent of GDP. That is stimulative as all get out. It's more stimulative than any policy we've followed since World War II.
Warren Buffett
#62. While our energy efficiency is improving, there is a very high correlation, almost near perfect correlation, between GDP growth, and energy usage.
Malcolm Turnbull
#63. Global warming could be solved by shifting three to four per cent of global GDP to pay for it.
Ken Livingstone
#64. The human world lives in a framework called global economics. We live in a system based on GDP, which drives consumption. it causes people to compete with each other through trade in a way that they all grow.
John Sulston
#65. Given the rest of the economic news, including the fact that GDP growth is positive, inflation is still low, jobless claims are still moving downward and temporary services are firming up, that means the recovery continues, and we hope it will continue in a more robust fashion,
Elaine Chao
#66. I could end the deficit in 5 minutes. You just pass a law that says that anytime there is a deficit of more than 3% of GDP all sitting members of congress are ineligible for reelection.
Warren Buffett
#67. From 1950 to 2000, the U.S. economy grew at an average rate of 3.5 percent. That generated a massive gain in real GDP per person from $16,000 to over $50,000. A huge win for the middle class.
Lawrence Kudlow
#68. If there is one number to which the rights of millions will be happily sacrificed, it is the national GDP growth rate.
William Easterly
#69. By 2060, India's economy is projected to be larger than China's because of its greater population growth. India is forecast to produce about one-quarter of world GDP from 2040 through the rest of this century.
Jeremy J. Siegel
#70. India needs to be liberated both from the 'high GDP growth hedgehogs' and the 'conservation at all costs hedgehogs.'
Jairam Ramesh
#71. Recognition of the value of time, the change in our attitude to time, time management and time consciousness translate into economic growth or increase in GDP.
Sunday Adelaja
#72. When more women join the labor force and, particularly, become entrepreneurs, GDP rises dramatically in those countries - in both developed and developing economies.
Dina Powell
#73. It turns out from a number of more recent studies that reported happiness is strongly positively linked with the change or growth in GDP per capita from year to year.
Diane Coyle
#74. If Europe today accounts for just over 7 per cent of the world's population, produces around 25 per cent of global GDP and has to finance 50 per cent of global social spending, then it's obvious that it will have to work very hard to maintain its prosperity and way of life,
Angela Merkel
#75. I'm sure Mark Carney is a very clever young man, but I think that the government would be mad to move from inflation targeting to money GDP targeting.
Nigel Lawson
#76. The three wealthiest people in the world own more than the GDP of forty-eight countries!
Alice Walker
#77. Growth can also involve producing services instead of goods. In particular, a major expansion of public and caring services (like child care, education, elder care, and other life-affirming programs) would generate huge increases in GDP and incomes, with virtually no impact on the environment.
Jim Stanford
#78. In the last 5 years, American employers have lost over $150 billion of productivity to depression alone. That is more than the GDP of 28 different States during the same period.
Patrick J. Kennedy
#79. Should we consider the Exxon Valdez spill a "success," since it boosted GDP? ========== Culture Jam:
Anonymous
#80. But clearly an economy that's growing and expanding like this one - and it certainly is doing that with high GDP output, employment numbers strong, capacity utilization strong - that's an environment in which the Fed needs to continually be alert to early signs of inflation.
John W. Snow
#81. And every year the Pentagon bite of the federal dollar got bigger and bigger. In Reagan's eight years in office, military expenditure doubled from around $150 billion to $300 billion a year, until it represented nearly 30 percent of our overall annual budget and more than 6 percent of GDP.
Rachel Maddow
#82. Our estimates suggest that a tax increase of 1 percent of GDP reduces output over the next three years by nearly 3 percent. The effect is highly significant.
Christina Romer
#83. Sub-Saharan Africa, with a population of 900 million and an annual output of only 1.8 trillion euros (less than the French GDP of 2 trillion),
Thomas Piketty
