A market that's as open as possible is the precondition for a successful economy, and a successful economy is the precondition to being able to pay for social security.

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Economic Development

Economic development is the precondition of higher living standard
Therefore we should focus on economic development at first

We know infrastructural development is a must
For economic development of any country
So the government should go for it in the first place
And if necessary they should go for partnership with private entrepreneurs

Now it’s an open market economy
If we want to take off to the sky of prosperity
We need to utilize our own resources including manpower

We need to figure out our competitive advantages
Because it’s not a hard task for us in the information era

Now-a-days tourism is a lucrative sector for any government
Because we are living in the time of globalization

Protectionism is now a history
That’s why
The role of commercial banks and other financial institutions
Is more pivotal than ever

They should provide loan to the industrialists
In such a manner and style
So that the latter can import cutting-edge tech
In order to survive in the fierce competition of open market

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Our view is that economic isolationism is the wrong way to go. Vibrant, successful growing economies that advance the interests of their citizens engage the global economy. And, we're committed to engaging the global economy.

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The precondition to freedom is security.

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It has to have a payroll tax that's dedicated to Social Security. The Social Security tax has been very successful over the years in raising almost all of our elderly citizens out of poverty.

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Esther Dyson

Having seen a non-market economy, I suddenly understood much better what I liked about a market economy.

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A comprehensive national energy policy is critical to our nation's economy and our national security. Energy expenditures account for about 7% percent of our total economy and influence pricing in the much of the rest of the economy.

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My claim is that we do not have a market economy, but a capitalist economy.

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Marketing

Fruitful marketing strategy
Is crucial for any industry
And service-provider

Everyone loves beautiful thing
So the packaging of products
Must be eye-catching

Advertisement
Should be in such an way
So that the potential consumers
Are attracted
To the product or service

Quality of the product or service
Should be of international standard
So that it can survive
In the competition
Of open market economy

In this way
An industry or service-provider
Can become successful

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Social Security is not just the foundation of America's retirement dignity and security, it ensures the economic stability and strength of our families and our state's economy.

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Let me say again that the relationship is asymmetrical: there's no democracy without a market economy, but you can have a market economy without democracy.

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We are shrinking the size of the federal government as a percent of our economy from over 21 percent of the economy to 19 percent of the economy. At the same time, we're growing the private economy.

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If the economy is strained, then Social Security, like the rest of the government, will be, too.

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Small businesses drive this economy and it is unacceptable that the President's budget proposal does not give them the tools they need to be successful.

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A free economy is as essential to society as democratic political institutions. A strong market-based economy is the fertile ground for democratic freedoms that we think are important.

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When I look at Social Security, I consider it the most important social program in the United States, arguably the most successful program in the world.

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The administration's reckless plan doesn't do one thing to ensure the long term security of social security, rather it undermines our economy. We need a budget and a fiscal policy that reflects the values and interests of America and restores fiscal discipline.

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Economy is the basis of society. When the economy is stable, society develops. The ideal economy combines the spiritual and the material, and the best commodities to trade in are sincerity and love.

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Trade-cycle

In a competitive market
National economy rolls like a wheel
In economics it is called trade-cycle

From economic recovery to boom
To slump to recovery to boom
Is a common phenomenon
In a competitive market

The boom does not last long
Because
The demand for products and services
Is limited in all countries

That’s why
The governments have a vital role to play
Especially during boom

The governments should monitor
And control industrial development
As much as possible
With a view to reduce labor cut
During slump
And they should hinder
Harmful investment
For the economy
During boom

Moreover
They should provide guidelines
For the entrepreneurs
During recovery
So that suitable investments
For the economy take place

In this way
A country can achieve its goal
Without going through
Economic hard times

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Well, I tell young people to be successful today that, first of all, that what you learn today directly impacts what you earn tomorrow. This is a knowledge-based economy.

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Social Security should have a self-sustaining portion that was funded by contributions from both employers and employees. That's what we know and have known for 70 successful years.

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