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Paul Krugman Quotes: In fact, I'd say that the sources of the economy's expansion from 2003 to 2007 were, in order, the housing bubble, the war, and - very much in third place - tax cuts.
         

In fact, I'd say that the sources of the economy's expansion from 2003 to 2007 were, in order, the housing bubble, the war, and - very much in third place - tax cuts.


Paul Krugman
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Rising inequality isn’t about who has the knowledge; it’s about who has the power.

Rising inequality isn’t about who has the knowledge; it’s about who has the power.



Bad ideas flourish because they are in the interest of powerful groups.

Bad ideas flourish because they are in the interest of powerful groups.



A snarky but accurate description of monetary policy over the past five years is that the Federal Reserve successfully replaced the technology bubble with a housing bubble

A snarky but accurate description of monetary policy over the past five years is that the Federal Reserve successfully replaced the technology bubble with a housing bubble



Wealthy Americans who benefit hugely from a system rigged in their favor react with hysteria to anyone who points out just how rigged the system is.

Wealthy Americans who benefit hugely from a system rigged in their favor react with hysteria to anyone who points out just how rigged the system is.



So what are the effects of increasing minimum wages? Any Econ 101 student can tell you the answer: The higher wage reduces the quantity of labor demanded, and hence leads to unemployment.

So what are the effects of increasing minimum wages? Any Econ 101 student can tell you the answer: The higher wage reduces the quantity of labor demanded, and hence leads to unemployment.



Middle-class societies don't emerge automatically as an economy matures, they have to be CREATED through political action.

Middle-class societies don't emerge automatically as an economy matures, they have to be CREATED through political action.



There are no atheists in foxholes and there are no libertarians in financial crises.

There are no atheists in foxholes and there are no libertarians in financial crises.



We should try to create the society each of us would want if we didn't know in advance who we'd be.

We should try to create the society each of us would want if we didn't know in advance who we'd be.



Outrageous fiscal mendacity is neither historically normal nor bipartisan. It’s a modern Republican thing.

Outrageous fiscal mendacity is neither historically normal nor bipartisan. It’s a modern Republican thing.



If you want to understand opposition to climate action, follow the money.

If you want to understand opposition to climate action, follow the money.





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There is no limit to how good you can get in pursuit of perfection.

There is no limit to how good you can get in pursuit of perfection.



Every Moment can be History of tomorrow but its upon us what to do with this Moment"-Samar Sudha

Every Moment can be History of tomorrow but its upon us what to do with this Moment"-Samar Sudha




I'm mostly concentrating now on continuing to make history in Hip-Hop, making everybody proud of me, I'm not just a rapper now, I'm in history now.

I'm mostly concentrating now on continuing to make history in Hip-Hop, making everybody proud of me, I'm not just a rapper now, I'm in history now.



We'll continue to work hard to do a better job in every area going forward. I don't know where those little things will come from but we'll continue to be diligent on them.

We'll continue to work hard to do a better job in every area going forward. I don't know where those little things will come from but we'll continue to be diligent on them.



I gotta friend who spends his life, stabbing my picture with a bowie knife. Dreams of strangling me with a scarf, when my name comes up he pretends to barf.

I gotta friend who spends his life, stabbing my picture with a bowie knife. Dreams of strangling me with a scarf, when my name comes up he pretends to barf.



A wise God shrouds the future in obscure darkness. [Lat., Prudens futuri temporis exitum Caliginosa nocte premit deus.]

A wise God shrouds the future in obscure darkness. [Lat., Prudens futuri temporis exitum Caliginosa nocte premit deus.]



I can imagine moving out to the seaside at some point. I like Brighton, my sister lives there. I'm a seaside boy and whenever I go there, I find myself writing songs about it.

I can imagine moving out to the seaside at some point. I like Brighton, my sister lives there. I'm a seaside boy and whenever I go there, I find myself writing songs about it.



Hark, the Herald Tribune sings, Advertising wondrous things!

Hark, the Herald Tribune sings, Advertising wondrous things!



One of the biggest hurdles in the path of entrepreneurship is home loans!

One of the biggest hurdles in the path of entrepreneurship is home loans!




Quote Description


This page presents the quote "In fact, I'd say that the sources of the economy's expansion from 2003 to 2007 were, in order, the housing bubble, the war, and - very much in third place - tax cuts.". Author of this quote is Paul Krugman. This quote is about war, order, housing, third place, economy, philosophy, cutting, expansion,.