"Anything that's done to address unemployment in terms of massive stimulus spending is going to exacerbate deficits. And anything that's done to address deficits in the short-term is going to exacerbate unemployment"
- Indra Nooyi
About this Quote
This quote by Indra Nooyi suggests that there is a trade-off between resolving joblessness and deficits. Simply put, any action required to reduce joblessness, such as massive stimulus costs, will increase deficits. Likewise, any action taken to lower deficits in the short-term will increase joblessness. This recommends that it is difficult to address both problems at the same time. It is essential to consider the long-term ramifications of any policy decisions, as the consequences of short-term options might be harmful in the long-term. Therefore, it is important to discover a balance in between resolving unemployment and deficits in order to guarantee the very best possible outcome for the economy.
This quote is written / told by Indra Nooyi somewhere between October 28, 1955 and today. He/she was a famous Businessman from India.
The author also have 15 other quotes.
"What we're talking about is the price of goods, all goods, in terms of money. That has nothing to do with unemployment, except for the fact that you get fewer goods. And when you have more money and fewer goods, the amount of dollars per good goes up. It goes up because there are fewer goods and it goes up because there is more money"
"I have just explained my idea of how a constructive period of reflection, one that would send a clear message to the citizens of Europe: You should now what our priorities are. For Germany this means: Unemployment is one of one of our biggest problems"
"Really, the potential for, first of all, any college graduate today is enormously good. These are good times for anyone with a college degree today, particularly African Americans. With a college degree today, you really breach the unemployment rate"
"The internal conditions in Iran are worsening in all aspects. Poverty and unemployment are becoming more severe, despite the fact that Iran has turned into a developed and industrialized country"
"We are a people trying not only to solve the problems of the present: unemployment, inflation... but we are attempting on a larger scale to fulfill the promise of America"
