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“You can't create more jobs for an economy where the vast majority of people are hesitant and even afraid to spend and buy.” quote by Mark Goulston
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“You can't create more jobs for an economy where the vast majority of people are hesitant and even afraid to spend and buy.”

Mark Goulston

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.

Key Takeaway

Boost consumer confidence to create jobs.

Themes

economics consumer confidence job market

Mood

cautious analytical

Type

analytical policy

When to use this quote

  • retail sales
  • housing market
  • government stimulus
  • marketing campaigns

Key Concepts

behavioral economics macroeconomic policy

Questions to Reflect On

  • What policies can raise consumer confidence?
  • How does fear affect spending habits?
A Different Perspective

If confidence rises, jobs may still not increase without investment.

4.6 out of 5 (3 ratings)

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