Top 75 Economic Growth Quotes of 2020

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“Without economic growth and job creation in Mexico, we won’t be able to confront the migratory phenomenon.”

― Andres Manuel Lopez Obrador

“Migration powers economic growth, reduces inequalities, and connects diverse societies. Yet it is also a source of political tensions and human tragedies.”

― Antonio Guterres

“Jobs are the main channel through which people share in – or are left out of – economic growth.”

― Arancha Gonzalez

“In 1994, Estonia became the first European country to adopt a flat tax, and its 26 percent flat tax dramatically energized what had been a faltering economy. Before adopting the flat tax, the Estonian economy was literally shrinking. In the eight years after 1994, Estonia experienced real economic growth – averaging 5.2 percent per year.”

― Arthur Laffer

“Gains in corporate profits depend in large part on accelerating global economic growth.”

― Barry Ritholtz

“Most of the policies that support robust economic growth in the long run are outside the province of the central bank.”

― Ben Bernanke

“In terms of economic growth, PIMCO originated the famous phrase the ‘new normal.’”

― Bill Gross

“Reducing the tax burden is necessary to produce economic growth.”

― Bob Schaffer

“The telecom industry reaches into every corner of our economies, societies, and private lives, and it is one of the greatest drivers of economic growth and human equality the world has ever seen.”

― Borje Ekholm

“The increase in coal production and the efficiency in coal movement are all administrative things that can add a lot to the economic growth.”

― Chanda Kochhar

“The United States cannot achieve significant economic growth without expanding exports.”

― Charles Boustany

“Our platform emphasizes that a vibrant, free and fair market is essential to economic growth.”

― Cory Booker

“Economic growth is the most important initiative every governor faces.”

― Dave Heineman

“Immigration is not just compatible with but is a necessary component of economic growth.”

― Dave Reichert

“As we deliver airplanes and we enable global travel and global cargo delivery, it provides overall economic growth around the world as well.”

― Dennis Muilenburg

“Exploration is the engine that drives innovation. Innovation drives economic growth. So let’s all go exploring.”

― Edith Widder

“Exploration is the engine that drives innovation. Innovation drives economic growth.”

― Edith Widder

“As a former economy minister, I can’t not think about economic growth. The central bank should also think about this but through its own instruments.”

― Elvira Nabiullina

“In general, global economic growth supports Russian economy.”

― Elvira Nabiullina

“We cannot afford the EPA’s continued expansion of red tape that is slowing economic growth and threatening to entangle millions of small businesses.”

― Fred Upton

“An imposing wall prominently divides the visions of President Obama and congressional Republicans when it comes to economic growth and creating jobs. Solyndra is on one side and the Keystone pipeline is on the other.”

― Fred Upton

“The financial crisis should not become an excuse to raise taxes, which would only undermine the economic growth required to regain our strength.”

― George W. Bush

“There’s no question that California, in the last three or four years, has been privileged to add disproportionately to the economic growth of America, and to contribute to its technological productivity.”

― Gray Davis

“Low interest rates are usually attributed to low inflation, weak economic growth and super easy monetary policy. But there’s another deep-seated factor that doesn’t get much attention: demographics.”

― Greg Ip

“Every time we’ve cut the capital gains tax, the economy has grown. Whenever we raise the capital gains tax, it’s been damaged. It’s one of those taxes that most clearly damages economic growth and jobs.”

― Grover Norquist

“We need economic growth that is sustainable and job-rich rather than just statistically impressive.”

― Guy Ryder

“The biggest – one of the biggest barriers to driving economic growth is the capital gains tax rate. I propose taking it to zero.”

― Herman Cain

“The link between peace and stability on the one hand, and social and economic growth on the other, is dialectic. Peace, poverty, and backwardness cannot mix in one region.”

― Hussein of Jordan

“Economic growth doesn’t mean anything if it leaves people out.”

― Jack Kemp

“One of the great constraints on economic growth and employment is that the tax and benefits system has grown up over generations and does not give the right incentives. Increasing the minimum wage does not solve this problem.”

― Jacob Rees-Mogg

“If Republicans are correct that lower rates spur economic growth, then lower rates on all income – made possible in part by raising capital-gains rates – should bolster economic growth across the economy.”

― James B. Stewart

“Advocates of a tax overhaul often point to the 1986 act as a model for a comprehensive approach that ushered in a long period of economic growth.”

― James B. Stewart

“Nothing says ‘economic growth’ like fundamental tax reform.”

― Jeb Hensarling

“The inability of middle-class people to receive loans in developing countries has had a stifling effect on economic growth and prosperity around the globe.”

― Joe Lonsdale

“One cannot have economic growth without security.”

― John Bruton

“New highways, ports, and runways appear economically foolish if we don’t understand the economic growth that flows from such investments.”

― John Delaney

“Obama’s presidency hasn’t been dedicated to achieving economic growth in the short term, or about creating jobs.”

― John Podhoretz

“Obama’s explanation for the slowdown in economic growth is that the public sector is hurting, and that’s where Washington must step in and act.”

― John Podhoretz

“Education equals economic growth.”

― Julia Gillard

“We see entrepreneurship and small businesses and supply chains as a critical part of the economic growth and competitiveness agenda.”

― Karen Mills

“Liberalized trade – in broadly multilateral, regional, or bilateral agreements – is a key ingredient in the recipe for prosperity… An absolute prerequisite for long-term economic growth is full participation in the global economy and trading system.”

― Kevin Hassett

“When gross public debt exceeds 90 percent of GDP, economic growth tends to decline considerably.”

― Kevin McCarthy

“Fiscal decentralisation does not lead to higher economic growth because economic growth is much more driven by factors other than taxes and spending, e.g. increases in technological progress and improved human capital.”

― Lars Feld

“Haitian diplomacy will be oriented toward the influx of foreign capital, direct investments that create jobs and stimulate economic growth.”

― Laurent Lamothe

“Infrastructure investment can boost economic growth and employment, and, in fact, it is fiscally neutral.”

― Lou Jiwei

“Austerity policy without currency devaluation can only hamper economic growth.”

― Lou Jiwei

“Venezuela needs to develop; economic growth is essential for the country after so many years of lagging behind.”

― Luiz Inacio Lula da Silva

“Oil is a very important component of economic growth.”

― Maria Bartiromo

“The income tax is flawed for a number of reasons – it discourages economic growth and encourages a bloated government.”

― Mark Skousen

“In order to achieve optimal economic growth, Congress must adhere to sane spending guidelines while promoting smart policies devoted to growing businesses and creating jobs.”

― Michael Steele

“We have seen economic growth. But we have not seen earnings growth.”

― Mike Farrell

“Through pro-growth policies, by abolishing Obamacare and eliminating other Obama-imposed impediments to economic growth, we will get our economy back on track.”

― Mitt Romney

“The centerpiece of Obamanomics – raising taxes on high earners and investors and lowering them on the middle class – is attacked by free-marketers for penalizing economic success and possibly further stalling economic growth.”

― Nina Easton

“Unlimited economic growth has the marvelous quality of stilling discontent while maintaining privilege, a fact that has not gone unnoticed among liberal economists.”

― Noam Chomsky

“It turns out that globalisation, while promising sameness through brand-name consumption, was fostering, through uneven economic growth, an intense feeling of difference.”

― Pankaj Mishra

“Continuing economic growth requires both recruitment of new companies and expansion of existing businesses.”

― Phil Bredesen

“Disruption to the flow of oil through the Straits of Hormuz would threaten regional and global economic growth. Any attempt by Iran to close the Straits would be illegal and unsuccessful.”

― Philip Hammond

“In Florida, we are focused on economic growth and not on things that divide us.”

― Rick Scott

“What the world needs most for its stability, and what the U.S. needs for its national security, is economic growth, which is driven first and foremost by expanded carbon use.”

― Robert Zubrin

“Entrepreneurs and their small enterprises are responsible for almost all the economic growth in the United States.”

― Ronald Reagan

“Since taking office in 2008, the Barrow Administration failed to stimulate the necessary economic growth. Instead they have, over the more than four years, continued on a path of borrow and spend,accumulating huge additional debts.”

― Said Musa

“If there are not jobs or adequate forms of social protection, there is not enough income to create the consumption base that drives demand and sustainable economic growth.”

― Sharan Burrow

“We’re really going to be focused on economic growth and creating jobs, and that’s really going to be a priority.”

― Steve Mnuchin

“The way to reduce the debt is by economic growth.”

― Steve Mnuchin

“As the economy turns, one of the most significant impediments to economic growth is going to be labor availability.”

― Thom Tillis

“I think it’s inevitable that aviation is a part of the economic growth that surrounds airports.”

― Tim Griffin

“The most staggering linguistic turnabout for me is the one that equates green economy with ‘sustained economic growth.’”

― Tim Jackson

“The best way to deal with the deficit is through economic growth.”

― Tim Kaine

“What is the engine that drives economic growth in an ideopolis? The university.”

― Timothy Noah

“The bottom line is that the death tax is a tax on the economy because it slows economic growth.”

― Todd Tiahrt

“Getting the budget balanced, regulatory reform, tax reform – I think these lead to economic growth.”

― Todd Young

“There is more potential for economic growth in rural America than at any time in decades.”

― Tom Vilsack

“If we boost productivity, we can improve economic growth.”

― Tony Abbott

“The standard growth theory tells us that economic growth in per capita basis comes from mainly two sources: capital deepening and total factor productivity growth, or TFP growth.”

― Toshihiko Fukui

“Economic growth is not sustainable without nation-building and, even of greater importance, state building.”

― Yemi Osinbajo
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