A Quote by Bill Foster

America cannot become just a service and financial services economy, and to prevent that, there is no substitute for having people with successful, real-world manufacturing experience in Congress.

Bill Foster

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America Become Cannot Congress Economy Experience Financial Financial Services Having Just Manufacturing People Prevent Real Service Services Substitute Successful World

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Bill Foster
American - Politician
Born: October 7, 1955

A striking feature of financial service activities during the past few decades is that the financial transactions essential to the operation of the 'real' economy has become increasingly dwarfed by speculative activity.

Peter Dicken

Many bought into the idea that America could go from a technology-based, export-oriented powerhouse to a services-led, consumption-based economy - and somehow still expect to prosper. That idea was flat wrong. Our economy tilted instead toward the quicker profits of financial services.

Jeffrey R. Immelt

Bipartisanship is nice, but it cannot be a substitute for action, not having it cannot prevent us from going forward.

Nancy Pelosi

I know that, you know, leaders have to lead. I don't read polls to decide what I'm going to do. But for the best interest of the people of our state [Ohio], having a big mix of technology, healthcare, IT, financial services, and manufacturing is the ticket.

John Kasich

There is no experience like having children.’ That’s all. There is no substitute for it. You cannot do it with a friend. You cannot do it with a lover. If you want the experience of having complete responsibility for another human being, and to learn how to love and bond in the deepest way, then you should have children.

Mitch Albom

Coming to the growth potential in financial services, there is enough data to show that, usually, financial services grow about twice or two and a half times of what the economy, the GDP growth rates.

Ajay Piramal

When you're a member of Congress, you can become an expert in a couple of subjects. For example, I've worked on federal procurement reform, the Armed Services Committee, manufacturing, and women's health care.

Tammy Duckworth

Globalisation means that for a high-wage, developed economy like Britain's to compete we need to focus our efforts on the highly skilled, added-value sectors such as advanced manufacturing, creative industries, engineering and even financial services.

Lucy Powell

For me, the real thing is make, serve and list in India. Which means we need manufacturing, we need services, and we need financial markets.

Uday Kotak

I have been an organizer and then activist and a legislator, all of that. But then there's this big gap after I advanced in Congress and ended up as the ranking member of financial services committee. It took me into the financial services issues and Wall Street and Dodd Frank. And it took me away from the things that I did years ago.

Maxine Waters

Just as there is no substitute for original works of art, there is no substitute for the world of direct sensual experience.

Paul Mellon

A successful argument for a government manufacturing policy has to go beyond the feeling that it's better to produce 'real things' than services. American consumers value health care and haircuts as much as washing machines and hair dryers.

Christina Romer

In a world of businessmen and financial intermediaries who aggressively seek profit, innovators will always outpace regulators; the authorities cannot prevent changes in the structure of portfolios from occurring. What they can do is keep the asset-equity ratio of banks within bounds by setting equity-absorption ratios for various types of assets. If the authorities constrain banks and are aware of the activities of fringe banks and other financial institutions, they are in a better position to attenuate the disruptive expansionary tendencies of our economy.

Hyman Minsky

America is home to the best researchers, advanced manufacturers, and entrepreneurs in the world. There is no reason we cannot lead the planet in manufacturing solar panels and wind turbines, engineering the smart energy grid, and inspiring the next great companies that will be the titans of a new green energy economy.

Brad Schneider

There is a lot that happens around the world we cannot control. We cannot stop earthquakes, we cannot prevent droughts, and we cannot prevent all conflict, but when we know where the hungry, the homeless and the sick exist, then we can help.

Jan Schakowsky

The world economy is in a nosedive, and understanding what I call "depression economics" - the weird world you get into when even a zero interest rate isn't low enough, and a messed-up financial system is dragging down the real economy - is essential if we're going to avoid the worst.

Paul Krugman

A Quote by Bill Foster

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