Economic Quote by Ray Nagin
“This economic pie that is getting ready to explode before our eyes is going to be shared equally.”
About This Quote
Source Speech: Mayoral Address, New Orleans, 2005
The speaker predicts an imminent economic crisis that will be distributed fairly among the population.
In simple terms: A looming economic collapse will be shared equally.
Key Takeaway
Prepare for shared hardship.
Themes
economics
crisis
inequality
politics
distribution
Mood
cautious
analytical
Type
political
economic
When to use this quote
- budget planning
- community support
- investment strategy
- risk management
Key Concepts
economic cycles
social equity
public policy
Questions to Reflect On
- How will you protect yourself in a shared downturn?
- What policies ensure fair distribution?
A Different Perspective
Assumes equal distribution may not occur in practice.
![“Just between you and me, shouldn’t the World Bank be encouraging MORE migration of the dirty industries to the LDCs [Less Developed Countries]?... I think the economic logic behind dumping a load of toxic waste in the lowest wage country is impeccable and we should face up to that... I’ve always…” quote by Lawrence Summers](https://sms4smile.com/quotes/img-quotes/ac4/lawrence-summers-16940_air_just-between-you-and-me-shouldn-t-the-wo_4703.jpg)
