A Quote by Peter Schiff

The American middle class used to be envy of the world. It was a byproduct of economic freedom. We had a very dynamic free-market economy and limited government. People were out there pursuing their own self-interest and creating employment opportunities.
The government decides to try to increase the middle class by subsidizing things that middle class people have: If middle-class people go to college and own homes, then surely if more people go to college and own homes, we’ll have more middle-class people. But homeownership and college aren’t causes of middle-class status, they’re markers for possessing the kinds of traits — self-discipline, the ability to defer gratification, etc. — that let you enter, and stay, in the middle class. Subsidizing the markers doesn’t produce the traits; if anything, it undermines them.
There is an alternative to terror. It is called, in the political order, democracy. In the economic order, it is called the dynamic enterprise economy. (...) It empowers poor people from the bottom up. (...) A dynamic economic sector is the poor's best hope of escaping the prison of poverty. It is the only system so far known to human beings to take poor people and make them, quite soon, middle class, and some of them even (horrors!) rich.
Americans are better off in a dynamic, free-enterprise-based economy that fosters economic growth, opportunity and upward mobility instead of a stagnant, government-directed economy that stifles job creation and fosters government dependency.
The impact of QE on generating more lending by Wall Street to Main Street and in generating more employment and increasing overall investment in the economy is quite modest. QE probably limited the initial collapse of the economy in 2008, and likely had a very small positive impact on economic growth, but its broader impact on jobs and growth in the economy seems not very big.
Free-market capitalism doesn't pick economic winners and losers based on the president's economic nostalgia, and limited-government conservatism isn't marked a top-down ideological conformity strictly enforced by state media organs.
Ultimately, and I believe this is one of the fundamental problems with socialism, it's that human beings do have self-interest. It's very hard to ignore that self-interest when you're creating a government structure.
This opportunity – to make it to the middle class or beyond no matter where you start out in life – it isn't bestowed on us from Washington. It comes from a vibrant free economy where people can risk their own money to open a business.
This opportunity - to make it to the middle class or beyond no matter where you start out in life - it isn't bestowed on us from Washington. It comes from a vibrant free economy where people can risk their own money to open a business.
Net neutrality was essential for our economy; it was essential to preserve freedom and openness, both for economic reasons and free speech reasons, and the government had a role in ensuring that Internet freedom was protected.
I find it quite useful to think of a free-market economy - or partly free market economy - as sort of the equivalent of an ecosystem. Just as animals flourish in niches, people who specialize in some narrow niche can do very well.
What most people really object to when they object to a free market is that it is so hard for them to shape it to their own will. The market gives people what the people want instead of what other people think they ought to want. At the bottom of many criticisms of the market economy is really lack of belief in freedom itself.
I knew that good people who wanted to be a part of the American dream have become trapped in dependency because the federal government and the state government had made it in their economic interest not to take a job because the benefits that they didn't work were better. I changed that.
When each of us is free to work out his own economic destiny, within the framework of the market economy, the institution of private property, and the general rule of law, we will all improve our economic condition much faster than when we are ordered around by bureaucrats.
Americans are falling out of the middle class, not into it. And they deserve relief. I absolute support extending the Bush tax cuts for those who work the hardest and invest the most in our economy - the real drivers of American growth, the middle class.
As we work to promote greater economic opportunity for the American people, we must always remember that the American economy is deeply integrated with the global economy. That brings challenges but even greater opportunities.
All the evils, abuses, and iniquities, popularly ascribed to businessmen and to capitalism, were not caused by an unregulated economy or by a free market, but by government intervention into the economy.
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