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economy

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Economy

 

Quotes from Governor Mitt Romney on The Economy

 

 

  • "We cannot continue to have an (educational) excellence gap with the rest of the world and intend to remain the economic superpower and military superpower of the planet. That's just not going to happen. We're in a position where unless we take action, we'll end up being the France of the 21st century: a lot of talk, but not a lot of strength behind it in terms of economic capability." –Source: Boston Globe, November 16, 2005 (quoted from a speech to educators)

 

  • "I want an economic development plan tailored to each region of the state, and I want each of those plans to concentrate on bringing more jobs to Massachusetts,” said Romney. Source: 02-03-2003 Press Release

 

  • "The economic stimulus bill that I am signing today contains a number of smart investments that will create jobs and help put the Massachusetts economy on the road to long-term economic growth and recovery," Romney said. Source: 11-26-2003 Press Release

 

  • He added, "However, in austere fiscal times, we cannot spend more than we have. Therefore, I have reduced spending to a level that is immediately necessary." Source: 11-26-2003 Press Release

 

  • “We want companies that develop their products in Massachusetts to manufacture them in Massachusetts,” Romney said, after a tour of Wyeth BioPharma, one of the largest biopharmaceutical operations in Massachusetts. Source: 10-30-2003 Press Release

 

  • He added, “My plan, which is part of the economic development bill I filed, will help businesses grow and give them incentives to stay in our Commonwealth as they move from the lab to the factory floor. My administration is committed to helping companies like Wyeth reach their full potential.” Source: 10-30-2003 Press Release

 

  • “Ranch is a proven leader with tremendous energy and a deep understanding of economic development issues. He will make a strong addition to the team,” said Romney. “Job creation is his first priority, but I also look forward to his leadership and advice in a number of areas, including auto insurance reform, workforce development and cutting red tape.” Source: 04-07-2004 Press Release

 

Governor Mitt Romney "Economy" Press Release

2003

02-03-2003, ROMNEY PUTS FOCUS ON ECONOMIC REVITALIZATION

11-26-2003, ROMNEY SIGNS ECONOMIC STIMULUS, SUPPLEMENTAL BUDGET BILLS

10-30-2003, ROMNEY WORKS FOR RESURGENCE OF MASSACHUSETTS ECONOMY

10-20-2003, ROMNEY WORKS FOR RESURGENCE OF MASSACHUSETTS ECONOMY

 

2004

04-07-2004, ROMNEY TAPS KIMBALL AS ECONOMIC DEVELOPMENT SECRETARY


The issues according to Myclob

 

Macro-Economics

  1. It may seem like a strange paradox, but those societies that guarantee the least for their poor, often end up giving them the least.
  2. Protectionism is sometimes necessary in trade.

 

 

Micro-Economics

  1. If people have to show their prestige by buying expensive things, they should do it with something that is practical, instead of buying a $300,000 watch.

 

Economic Theory

  1. The free market leads to better quality.
  2. "From each according to his ability, to each according to his need" is a fundamentally good idea.
  3. Forget GDP or Gross Domestic Product. A better metric for prosperity is GNH or "Gross National Happiness".
  4. Industrious and efficient production is impossible without energetic, willing and eager labor.
  5. Economic security for all is impossible without widespread abundance.
  6. Abundance is impossible without industrious and efficient production.
  7. Wiling and eager labor is impossible without incentive.
  8. Of all forms of incentive – the freedom to attain a reward for one’s labors is the most sustaining for most people. Sometimes called THE PROFIT MOTIVE, it is simply the right to plan and to earn and to enjoy the fruits of your labor. (reasons to agree & disagree
  9. This profit motive DIMINISHES as government controls, regulations and taxes INCREASE to deny the fruits of success to those who produce.
  10. Therefore, any attempt THROUGH GOVERNMENTAL INTERVENTION to redistribute the material rewards of labor can only result in the eventual destruction of the productive base of society, without which real abundance and security for more than the ruling elite is quite impossible.

 

Economy

 

  1. http://reason4romney.blogspot.com/search/label/Economy

 

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