Amity Shlaes Quotes & Sayings (Page 4)

“To investors, job creation is a second-order effect. Market participants care first about interest rates, exchange rates, bond prices and the one great factor that affects all three: the long-term solvency of a bond company called the U.S. government.”

“We're in a kind of vicious cycle where the media tell the politicians, and the politicians tell the people, that perception is reality, and the perception of saving dooms a politician. I don't believe perception is reality, or that all Americans think that.”

“When you do something moral and upright and wander off by yourself, well, everyone doesn't always follow you, do they, right? You pat yourself on your sanctimonious back but it doesn't mean the crowd rewards you for doing what you think is right.”

“When you see government leaders really bullying business, you know that government's economic policy is failing. They get angry and they get desperate.”

“If expectations of lifetime earnings drop, then so will spending.”

“Anti-parent music seems to be all the pop-rock market wants.”

“Everybody should pay some tax, just as everybody should vote.”

“FDR's job results were, to put it politely, disturbing.”

“McCain likes strong defense, and he's viscerally suspicious of big companies. So he's more a Square Deal guy than a New Deal guy.”

“Prices don't merely reflect what people think things ought to cost today; they also reflect what people expect items to cost tomorrow.”