Gross Domestic Product Quotes

Our gross domestic product, or GDP, is barely above 1 percent. And going down.

We have spoken on many occasions of the need to achieve high economic growth as an absolute priority for our country. The annual address for 2003 set for the first time the goal of doubling gross domestic product within a decade.

Failing to curb the impact of climate change could damage the global economy on the scale of the Great Depression or the world wars by spawning environmental devastation that could cost 5 to 20 percent of the world’s annual gross domestic product.

GDP does not allow for the health of our children, the quality of their education, or the joy of their play

Housing has led our nation’s economic expansion over the past few years, accounting for 16 percent of our Gross Domestic Product. New housing starts and home sales hit record levels from 2003 through 2005.

At present we are stealing the future, selling it in the present, and calling it gross domestic product.

The success of our economy has always depended not just on the size of our gross domestic product, but on the reach of our prosperity; on the ability to extend opportunity to every willing heart – not out of charity, but because it is the surest route to our common good.

I suspect that Donald Trump is going to be very tough with those countries that don’t spend at least 2 percent of their gross domestic product on defense. He will ask them why should we allow a free-ride policy.

I just think that – when a country needs more income and we do, we’re only taking in 15 percent of GDP, I mean, that – that – when a country needs more income, they should get it from the people that have it.

The federal investment in finding cures for cancer – $3 billion annually [as of 1999] – is less than … zero … point … zero … zero … zero … four … percent of our gross domestic product, or about one-seventh of what Americans spend on beauty products.

Economics was like psychology, a pseudoscience trying to hide that fact with intense theoretical hyperelaboration. And gross domestic product was one of those unfortunate measurement concepts, like inches or the British thermal unit, that ought to have been retired long before.

If you look at payments to labor as a proportion of national income or gross domestic product, you find profits going way up, investment and savings going up.

World military spending has now risen to over $1.2 trillion. This incredible sum represents 2.5 per cent of GDP (global gross domestic product). Even if 1 per cent of it were redirected towards development, the world would be much closer to achieving the Millennium Development Goals.

We are misery-making machines! Homo sapiens has perfected the art of causing suffering. Pain is humankind’s collective GDP.

Gross National Happiness is more important than Gross Domestic Product. attr to Buthan’s King Jigme Singye Wangchuck