Quote

Folks in the bottom half of the economy are already squeezed hard. They will be bloodied and bankrupt if economic policy inadvertently induces a recession.

William Greider

Change background

T
T
T

Change font

TAGS & TOPICS

William Greider
Age: 83 †
Born: 1936
Born: August 6
Died: 2019
Died: December 25
Author
Editor
Journalist
Writer
Cincinnati
Ohio
William Harold Greider
Half
Recession
Hard
Recessions
Folks
Bottom
Bloodied
Policy
Inadvertently
Already
Induces
Economy
Squeezed
Economic
Bankrupt

More quotes by William Greider

Image
Aside from sending someone to war or to prison, government s ability to make people involuntarily give over their money is its strongest exercise of authority over private citizens and their institutions.
William Greider
Image
If US per capita income continues to grow at a rate of 1.5 percent a year, the country will have plenty of money to finance comfortable retirements and high-quality healthcare for all citizens, including those at the bottom of the wage ladder.
William Greider
Image
If we have wealth, it will be protected from inflation and possibly even enhanced in value.
William Greider
Image
In 1900 Americans on average lived for only 49 years and most working people died still on the job.
William Greider
Image
Leaks and whispers are a daily routine of news-gathering in Washington.
William Greider
Image
The regime of globalization promotes an unfettered marketplace as the dynamic instrument organizing international relations.
William Greider
Image
The threat to globalization is not the wasted American dollars but Washington's readiness to mix US commercial interests with its self-appointed role as global protector.
William Greider
Image
Obviously, people with low or even moderate incomes could not afford such savings rates, and even diligent savings from their low wages would not be enough to pay for either retirement or healthcare.
William Greider
Image
The problem of modern democracy is rooted in its neglect of unorganized people.
William Greider
Image
The do-it-yourself version of pensions is a flop, as many Americans have painfully learned.
William Greider
Image
Fellow senators balked at punishing Senator Alfonse D'Amato of New York though he was caught in a series of transactions that earned him the label Senator Sleaze. D'Amato explained their reluctance as he defended his own behavior. There but for the grace of God go most of my colleagues, he said.
William Greider
Image
Democracy is held captive, not just by money, but by ideas - the ideas that money buys.
William Greider
Image
The quest for homeland security is heading ... toward the quasi-militarization of everyday life ... If danger might lurk anywhere, maybe everything must be protected and policed.
William Greider
Image
Creating a positive future begins in human conversation. The simplest and most powerful investment any member of a community or an organisation can make is to begin with other people as though the answers mattered.
William Greider
Image
Everyone's values are defined by what they will tolerate when it is done to others.
William Greider
Image
Children born today have a fifty-fifty chance of living to 100.
William Greider
Image
Money is power in American politics. It always has been.
William Greider
Image
In its present terms, the global system values property over human life.
William Greider
Image
The burnt odor in Washington is from the disintegrating authority of the governing classes.
William Greider
Image
In the deregulated realm of US banking and finance, crime does occasionally pay for its foul deeds, not in prison time but by making modest rebates to the victims.
William Greider