A Quote by Elaine Chao

We need long-term tax reform that promotes private sector job creation. And legislated mandates that kill jobs by raising the cost of payrolls need to be eliminated. — © Elaine Chao
We need long-term tax reform that promotes private sector job creation. And legislated mandates that kill jobs by raising the cost of payrolls need to be eliminated.
The long term sustainable growth in job creation comes from the private sector. It is important that the Obama administration partner with the private sector and come up with the best possible ideas for creating jobs.
Republican leaders have made clear they have no plans to use the power of government to stimulate the economy, invest in job creation and spur job growth. The Fed's plan is to give banks more money to finance the private sector job creation. But banks have ample cash now; they aren't lending, and the private sector is not creating the jobs. That is why we have 15 million people unemployed.
Spain has been massively diverting capital from the private sector into politically favored environmental projects for the better part of a decade...every green job created, eliminated 2.2 real jobs and cost around $800,000 each!
We need to stop kicking the can down the road and rethink our entire tax system toward long-term, comprehensive tax reform.
When we get the private sector going through job creation and growth, then the governments at all level have revenues to do the things that they need to do. And that's why it's so important to get this economy moving, to get jobs created. We can't keep going on with this anemic recovery.
We need the private sector to succeed, because if the private sector succeeds, America succeeds. Because it's not the government that produces jobs, it's the private sector.
While some people simply want to villainize the private sector, the fact is that the private sector drives jobs growth; we need to channel the energy and innovation of employers to generate opportunities for the entire labor market.
Washington's parasitic approach to the private sector must change for there to be widespread, near-term and enduring prosperity and job creation.
With 1.7 million private sector jobs lost and half a million jobs shipped overseas over the past three years, we must take action to spur job creation and restore economic prosperity.
The financial sector is vital to the economy. A well-functioning financial sector promotes job creation, innovation, and inclusive economic growth.
I focused on jobs. I built private sector jobs all my life. That's what the race was about. Who was going to build private sector jobs? My opponent who never had one? Or me? That's why I won last night.
If you look at the fact that the best chance we have for a good economy is the private sector. The government cannot create jobs. If the government could create jobs, then Communism would have worked. But didn't work. So what we have to do is allow the private sector and the entrepreneurial spirit to lead us back to a job-filled recovery.
We need a new tax system. We need entitlement reform. We need immigration reform. These are not easy things. But it is going to take our political system working better.
Raising taxes won't create private sector jobs.
I really do believe most people understand raising tax rates is bad for the economy, it costs jobs. It actually in the long term undermines revenue.
I think the private sector for the most part, the vast majority of employers in America, they wake up in the morning, and they have a bottom line. This is how much they make, this is how much their expenses are; they certainly need to break even just to stay in business, and they need to make a profit in order to survive long-term.
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