A Quote by Jacob Hacker
If you look at how the US economy has suffered over the last 15 or 20 years, it's in significant part because we haven't done the investments in research and development and infrastructure and other public goods that are necessary for our growth. And, unfortunately, we're going to be feeling that overhang for a long time to come, because it's the investments we made in the 1950s and '60s and '70s that result in some of the greatest technological breakthroughs that we enjoy today.
Quote Topics
Because
Breakthroughs
Come
Development
Done
Economy
Enjoy
Enjoy Today
Feeling
Going
Goods
Greatest
Growth
How
Infrastructure
Investments
Last
Long
Long Time
Look
Made
Necessary
Other
Our
Over
Part
Public
Public Good
Research
Research And Development
Result
Significant
Some
Suffered
Technological
Time
Today
Unfortunately
Us
Years
Quote Author
Related Quotes
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.
It turns out that advancing equal opportunity and economic empowerment is both morally right and good economics, because discrimination, poverty and ignorance restrict growth, while investments in education, infrastructure and scientific and technological research increase it, creating more good jobs and new wealth for all of us.
There are certain records from the 80s and early 90s that you love because the songs are great, but you don't go to them as an example of great production. Over the last 20 years, myself and a lot of other musicians my age have tried to discover things in 50s, 60s, and 70s recording techniques that were lost or discarded. We've all been trying to crack this code. It's been an important period in the last 15 years, reclaiming some of those lost approaches to making records.
Taxes are an important tool for us together with infrastructure investments, research, and development to create more jobs.
What America really needs is a long-term bill that makes significant investments in our transportation infrastructure and reforms the highway trust fund to ensure it remains solvent for years to come. This will require bold ideas and a bipartisan effort.
I think President Barack Obama is going to be treated very, very well by history in terms of his ability to save the economy. And that's certainly true in rural areas. The unemployment rate is substantially reduced, the poverty rate is down, and in large part because of the investments that were made during the Recovery Act and thereafter, historic investments.
If you look at the US economy over the last 15-20 years wages have been stagnating or even declining.
The United States should pursue a more robust agenda for U.S. competitiveness and innovation focused on a lower-carbon economy, including investments in education, basic research and development, infrastructure, retraining, retirement security, and universal health care.
Without investments in research and science that will create the next Apple, create the next new innovation that will sell products around the world, we will lose. If we're not training engineers to make sure that they are equipped here in this country, then companies won't come here. Those investments are what's going to help to make sure that we continue to lead this world economy not just next year, but 10 years from now, 50 years from now, a hundred years from now.
The government can access these funds but only following approval by the parliament to support our budget requirements and investments in infrastructure development, education, public health, and so on.
Democrats must adopt a progressive economic message that focuses on large, direct infrastructure investments, affordable health care, portable pensions, and public-private investments that promote advanced manufacturing.
At equal returns, public investments are generally superior to private investments not only because they are more liquid but also because amidst distress, public markets are more likely than private ones to offer attractive opportunities to average down.
Our growing national debt is a threat to our national defense and to our domestic priorities, including research and development, education, health care, and investments in our economic growth.
If we want to make the best products, we also have to invest in the best ideas... Every dollar we invested to map the human genome returned $140 to our economy... Today, our scientists are mapping the human brain to unlock the answers to Alzheimer's... Now is not the time to gut these job-creating investments in science and innovation. Now is the time to reach a level of research and development not seen since the height of the Space Race.
There's 20 companies that I have investments in - some batteries, some solar-thermal, one big nuclear thing. We need hundreds and hundreds of companies like that, so that in a 20-year time frame we really are starting to change the energy infrastructure.
The economy in the next 20 to 25 years is going to change more than they did in the last 20, 25 years. And that's because exponential trends are affecting a bigger and bigger share of the economy. So we have some huge disruptions in store, and I can't predict exactly what the innovations are going to be. If I did, I would have already invented them. But I think they'll be comparable to the innovations we saw in the past 20, 25 years if not greater.
Related Authors
Allen W. Wood Quotes
American
Professor
Clayton Christensen Quotes
American
Professor
Glenn Reynolds Quotes
American
Professor
Gordon S. Wood Quotes
American
Professor
Jeffrey Pfeffer Quotes
American
Professor
Jerry A. Coyne Quotes
American
Professor
Michael Hudson Quotes
American
Professor
Richard A. Falk Quotes
American
Professor
Robert S. Kaplan Quotes
American
Professor
Ruth Simmons Quotes
American
Professor
Seyyed Hossein Nasr Quotes
Iranian
Professor