A Quote by Charles M. Schwab

Spending creates more wealth for everybody. — © Charles M. Schwab
Spending creates more wealth for everybody.
I disagreed with Carnegie's ideas on how to best to distribute his wealth. I spent mine! Spending creates more wealth for everybody.
Highway spending, which I think most everybody says is badly needed in this country, creates American jobs, and also makes America more competitive.
An indictment of entitlements has to focus on the huge 'social wealth' that the welfare state creates at the stroke of the pen. Yet statistical tests of the effects of welfare spending on employment yield erratic results.
Traditionally in capitalism, when you have more cash, you can fund more activity, which produces more jobs and creates more wealth. That's basic economic theory.
We need more American energy. It keeps wealth at home. It keeps our wealth from ending up in Venezuela and Saudi Arabia. It creates jobs at home.
Everybody in politics claims to want to get everybody out of poverty. What's the opposite? Wealth. And what is often criticized by the left? Wealth.
Since the government creates no wealth, it can only transfer the wealth required to hire people. Even if the government creates a million jobs, that is not a net increase in jobs, when the money that pays for those jobs is taken from the private sector, which loses that much ability to create private jobs.
The redistribution of wealth creates dependence on the people to whom it is redistributed, it doesn't incentivize them to create their own wealth.
I think that any wealth creates a sense of trusteeship... it is characteristic of the new generation which has created wealth to have some amount of responsibility for it.
Republicans know that government spending creates jobs. They just want that spending to be funneled to their projects and districts... and they certainly don't want to say it out loud.
If you look historically, what creates growth and wealth is innovation and investment, and increase in scale - more customers.
In a world of massive wealth and income inequality, Europe must support Greece’s efforts to build an economy which creates more jobs and income, not more unemployment and suffering.
Everybody getting a significant exit creates a legacy and creates something that you can pay forward and bootstrap an industry in a substantial way.
Spending is not caring. Spending is what politicians do instead of caring. Spending more does not guarantee success. Politicians like to measure spending because it is easier than measuring actual metrics of accomplishment.
I run a taxpayer group - the most powerful guy in D.C., nonsense. OK? There are buildings with thousands of people in them, all lobbying for more spending and higher levels of spending and more government commitments. And there are a handful - a handful of groups that fight for less spending.
Whether government finances its added spending by increasing taxes, by borrowing, or by inflating the currency, the added spending will be offset by reduced private spending. Furthermore, private spending is generally more efficient than the government spending that would replace it because people act more carefully when they spend their own money than when they spend other people's money.
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