A Quote by Frederick W. Smith

If you look historically, what creates growth and wealth is innovation and investment, and increase in scale - more customers.

Frederick W. Smith

Quote Topics

Creates Customers Growth Historically Increase Innovation Investment Look More Scale Wealth

Quote Author

Frederick W. Smith
American - Businessman
Born: August 11, 1944

America's growth historically has been fueled mostly by investment, education, productivity, innovation and immigration. The one thing that doesn't seem to have anything to do with America's growth rate is a brutal work schedule.

Fareed Zakaria

You do need more revenues, and you do need to cut expenses. But you also don't want to go in a direction whereby increasing taxes creates a reticence to create new jobs. You don't want to increase taxes on work. You don't want to increase taxes on investment and the creation of wealth.

Jose Angel Gurria

Research and technology parks are an important part of the innovation infrastructure in Canada. Our Government's investment will increase the foreign profile of western Canadian companies, create new jobs, and stimulate economic growth.

Michelle Rempel

As a steward of the U.S.economy and financial systems, the Treasury has helped lay the groundwork for the American economy to become a model of strength, flexibility, dynamism, resiliency. This is a system that generates growth, creates jobs and wealth, rewards initiative, and fosters innovation.

Henry Paulson

The need of the hour is to think big. The more we focus on skill, scale & speed, it will increase India's growth trajectory.

Narendra Modi

Between 2013 and 2015, the wealthiest 14 people saw their wealth increase by $157 billion. This is their wealth increase, got it? Not what they are worth. Increase. That $157 billion is more wealth than is owned by the bottom 40 percent of the American people. One family, the Walton family, owns more wealth than the bottom 40 percent.

Bernie Sanders

It turns out that advancing equal opportunity and economic empowerment is both morally right and good economics. Why? Because discrimination, poverty and ignorance restrict growth. We know that investments in education, infrastructure and scientific and technological research increase growth. They increase good jobs, and they create new wealth for all of us.

William J. Clinton

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.

Thomas Sowell

Properly targeted public investment can do much to boost economic performance, generating aggregate demand quickly, fueling productivity growth by improving human capital, encouraging technological innovation, and spurring private-sector investment by increasing returns.

Michael Spence

Growth demands investment, and investment demands stability. So the more Obama stirs the pot with his proposals and potential changes, the more he retards exactly the investment he needs to get the economy moving again.

Dick Morris

It's important to realize that innovation and growth in itself are not sufficient to moderate inequality of wealth.

Thomas Piketty

During the last two years the wealthiest 14 Americans saw their wealth increase by $157 billion. This is truly unbelievable. This $157 billion INCREASE in wealth among 14 individuals is more wealth that is owned, collectively, by 130 million Americans. This country does not survive morally, economically or politically when so few have so much, and so many have so little.

Bernie Sanders

More than ever, a college diploma unlocks economic opportunity, provides students with a wealth of new skills and knowledge, and encourages innovation and growth. But more than ever, it also comes with a mountain of student loan debt.

Mark Pocan

Trade is good for the economy. Trade creates growth. The problem is that it creates growth but it does not think about distribution of the benefits of that growth.

Justin Trudeau

It is impossible that the intention of the entrepreneur who has borrowed in order to increase investment can become effective (except in substitution for investment by other entrepreneurs which would have occurred otherwise) at a faster rate than the public decide to increase their savings