A Quote by Bill Mechanic
To have to introduce a new product at the worst economic time in the last 50 years probably wasn't the greatest thing to have happened.
Related Quotes
Probably the smartest president we've had in terms of I.Q. in the last 50 years was Jimmy Carter, and I think he is the worst president of the last 50 years.
I fell asleep at my desk many times. This was when working on events—virtually every one I’ve done in the last 5 years. I was not confronting the writing of speeches. In fact, I was not wanting to confront what I was doing at the time—being irresponsible... I am now known for falling asleep. This has happened 50 times in the last 5 years and probably 20 times at my desk in the last 2 years.
If you look internationally over the last 50 years there have been improvements in the third world, but in the last 20 years the reverse has happened, with debt crises and increased poverty.
The dominant economic approach of the last thirty years is now on its last legs. Letting the market rip and an indifference to inequality are now seen as important causes of the greatest economic crash since the 1930s.
There are 11 states in the United States that in the last 50 years instituted an income tax. So I looked at each of those 11 states over the last 50 years, and I took their current economic metrics and their metrics for the five years before they put in the progressive income tax... Every single state that introduced a progressive income tax has declined as an overall share of the U.S. economy.
When these guitar mags bring up that stuff up and say such and such came up with this and that which is pushing the boundaries, I just say, "let's step back for a minute and admit something: nothing has happened for the last 100 years." And it's okay. It's not a bad thing ... We're all working with "tools" that have been in existence for the last 100 years and there hadn't been a new "tool" for a long long time.
You take a chance to do something and you realize in your heart it's either going to be the greatest thing that ever happened or the worst thing that ever happened. It won't be an in between, I almost made a hit. It will be an instant flop or an instant success.
There have been more than 30,000 oil wells drilled in the Gulf of Mexico in the last 50 years. This is the first time something like this has ever happened [BP Deepwater Horizon oil spill], and we need to get to the bottom of it, find out what happened, make sure it doesn't happen again. But I think it is very reasonable to continue to drill.
We have to be aware that fossil fuel energy sources have an expiry date. A timeframe of 30, 40 or 50 years can seem a long time to get rewards for economic policy, but it's only a short time for implementing a new energy policy.
The defining moment in American economic history is when Bill Clinton lobbied to get China into the World Trade Organization. It was the worst political and economic mistake in American history in the last 100 years.
The worst isn't the last thing about the world. It's the next to the last thing. The last thing is the best. It's the power from on high that comes down into the world, that wells up from the rock-bottom worst of the world like a hidden spring. Can you believe it? The last, best thing is the laughing deep in the hearts of the saints, sometimes our hearts even. Yes. You are terribly loved and forgiven. Yes. You are healed. All is well.
'Product life' is measured in months, not years, and as soon as you introduce a 'product,' understand that others in your business are going to reverse engineer it to duplicate the results after they circumnavigate the patents, the trademarks, and the intellectual property.
A rule of thumb: If the company you work for provides a product or service that's pretty much the same as what was offered last year and a few years before that, it might be time to start looking for something new.
I think one of the worst things that happened to me was, you know, my voluntary fallout with my father. And then the greatest thing that happened to me was when I saw the light, and realized I needed to love him in a way that he could love me back.
The power of the media is really the only new issue in the last 50 years, probably.
I interviewed one of the most powerful lawyers in the world and he told me, "At the time, it was the worst thing in the world not to be able to get a job at a fancy law firm, but it's the greatest thing that ever happened in my life." It was a humble acknowledgment of how forces much larger than himself shaped his career. I really wanted to bring that point home.
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