economy


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Economy

 

Quotes from Governor Mitt Romney on The Economy

 

 

 

 

 

 

 

 


 

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