Nation Quotes
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Not graduating high school on time leads to fewer chances of attending college and obtaining good paying jobs, and creates instead higher chances of incarceration and unemployment.
Quote by -Al Sharpton
Like myself, President Obama is the father of two daughters. He understands the obstacles that they face as women, but he also understands the emergency of the state of young black men in America.
Quote by -Al Sharpton
As I often say, we have come a long way from the days of slavery, but in 2014, discrimination and inequality still saturate our society in modern ways. Though racism may be less blatant now in many cases, its existence is undeniable.
Quote by -Al Sharpton
There's no reason why children in inner cities or rural areas do not receive the same quality education or opportunities as those in suburbs or wealthy neighborhoods. If we truly believe in giving all citizens a chance to pursue happiness and pursue their goals, then we cannot continue to marginalize entire groups of people.
Quote by -Al Sharpton
I knew from the age of four that I wanted to preach. I didn't even consider it strange that grown people were listening to this kid preaching until I was around thirteen. I have never believed in limitations.
Quote by -Al Sharpton
Achieving price stability is not only important in itself, it is also central to attaining the Federal Reserve's other mandate objectives of maximum sustainable employment and moderate long-term interest rates.
Quote by -Ben Bernanke
Every effort needs to be made to try and offset the costs of Katrina and Rita by reductions in other government programs, especially those that are wasteful, duplicative and ineffective.
Quote by -Ben Bernanke
I assure this committee that, if I am confirmed, I will be strictly independent of all political influences... essential to that institution's ability to function effectively and achieve its mandated objectives.
Quote by -Ben Bernanke
If I am confirmed, I am confident that my colleagues on the Federal Open Market Committee and I will maintain the focus on long-term price stability as monetary policy's greatest contribution to general economic prosperity and maximum employment.
Quote by -Ben Bernanke
Our mission, as set forth by the Congress is a critical one: to preserve price stability, to foster maximum sustainable growth in output and employment, and to promote a stable and efficient financial system that serves all Americans well and fairly.
Quote by -Ben Bernanke
It's true that the Federal Reserve faces a lot of political pressure and is unpopular in many circles.
Quote by -Ben Bernanke
The Federal Reserve's job is to do the right thing, to take the long-run interest of the economy to heart, and that sometimes means being unpopular. But we have to do the right thing.
Quote by -Ben Bernanke
I think one of the lessons of the Depression - and this is something that Franklin Roosevelt demonstrated - was that when orthodoxy fails, then you need to try new things. And he was very willing to try unorthodox approaches when the orthodox approach had shown that it was not adequate.
Quote by -Ben Bernanke
If you want to understand geology, study earthquakes. If you want to understand the economy, study the Depression.
Quote by -Ben Bernanke
I served seven years as the chair of the Princeton economics department where I had responsibility for major policy decisions, such as whether to serve bagels or doughnuts at the department coffee hour.
Quote by -Ben Bernanke
The Federal Reserve can only buy Treasuries and agencies, and moreover quantitative easing typically involves buying longer-term Treasuries and agencies in terms of bills, for example.
Quote by -Ben Bernanke
Monetary policy cannot do much about long-run growth, all we can try to do is to try to smooth out periods where the economy is depressed because of lack of demand.
Quote by -Ben Bernanke
A gold standard doesn't imply stability in the prices of the goods and services that people buy every day, it implies a stability in the price of gold itself.
Quote by -Ben Bernanke
The more guidance a central bank can provide the public about how policy is likely to evolve the greater the chance that market participants will make appropriate inferences.
Quote by -Ben Bernanke
The benefit of appointing a hawkish central banker is the increased inflation-fighting credibility that such an appointment brings.
Quote by -Ben Bernanke
Developments in financial markets can have broad economic effects felt by many outside the markets.
Quote by -Ben Bernanke
In the future, my communications with the public and with the markets will be entirely through regular and formal channels.
Quote by -Ben Bernanke
The economist John Maynard Keynes said that in the long run, we are all dead. If he were around today he might say that, in the long run, we are all on Social Security and Medicare.
Quote by -Ben Bernanke
The lesson of history is that you do not get a sustained economic recovery as long as the financial system is in crisis.
Quote by -Ben Bernanke
I've never been on Wall Street. And I care about Wall Street for one reason and one reason only because what happens on Wall Street matters to Main Street.
Quote by -Ben Bernanke
The American people are among the most productive in the world. We have the best technologies. We have great universities. We have entrepreneurs.
Quote by -Ben Bernanke
The amount of currency in circulation is not changing. The money supply is not changing in any significant way.
Quote by -Ben Bernanke
It takes about two and a half percent growth just to keep unemployment stable.
Quote by -Ben Bernanke
The tax code is very inefficient. Both the personal tax code and the corporate tax code. By closing loopholes and lowering rates, you could increase the efficiency of the tax code and create more incentives for people to invest.
Quote by -Ben Bernanke
The central bank needs to be able to make policy without short term political concerns.
Quote by -Ben Bernanke
It must be awfully frustrating to get a small raise at work and then have it all eaten by a higher cost of commuting.
Quote by -Ben Bernanke
Importantly, in the 1930s, in the Great Depression, the Federal Reserve, despite its mandate, was quite passive and, as a result, financial crisis became very severe, lasted essentially from 1929 to 1933.
Quote by -Ben Bernanke
Well, the U.S., of course, is the world's largest economy. It's about a quarter of the world's output. It's also home to many of the largest financial institutions and financial markets.
Quote by -Ben Bernanke
I generally leave the details of fiscal programs to the Administration and Congress. That's really their area of authority and responsibility, and I don't think it's appropriate for me to second guess.
Quote by -Ben Bernanke
Investment banks manage to go bankrupt through their investment-banking activities, commercial banks manage to go bankrupt through their commercial-banking activities.
Quote by -Ben Bernanke
Well, optimism's a good thing. It - makes people go out and - you know, start businesses and spend and do whatever is necessary to get the economy going.
Quote by -Ben Bernanke
The crisis and recession have led to very low interest rates, it is true, but these events have also destroyed jobs, hamstrung economic growth and led to sharp declines in the values of many homes and businesses.
Quote by -Ben Bernanke
The crisis in Europe has affected the U.S. economy by acting as a drag on our exports, weighing on business and consumer confidence, and pressuring U.S. financial markets and institutions.
Quote by -Ben Bernanke
Indeed, in general, healthy investment returns cannot be sustained in a weak economy, and of course it is difficult to save for retirement or other goals without the income from a job.
Quote by -Ben Bernanke