Create Quote by Mark Goulston
“You can't create more jobs for an economy where the vast majority of people are hesitant and even afraid to spend and buy.”
About This Quote
Source Speech: Economic Outlook Interview, 2022
Economic growth stalls when consumer confidence is low, limiting job creation.
In simple terms: Jobs need consumer spending to thrive.
Boost consumer confidence to create jobs.
Themes
Mood
Type
When to use this quote
- retail sales
- housing market
- government stimulus
- marketing campaigns
Key Concepts
Questions to Reflect On
- What policies can raise consumer confidence?
- How does fear affect spending habits?
If confidence rises, jobs may still not increase without investment.