A Quote by Robert Reich

Conservatives believe the economy functions better if the rich have more money and everyone else has less. But they're wrong. It's just the opposite.

Robert Reich

Quote Topics

Believe Better Conservatives Economy Else Everyone Everyone Else Functions Just Less Money More More Money Opposite Rich Wrong

Quote Author

Robert Reich
American - Economist
Born: June 24, 1946

People used to think that more population was bad for growth. In this view, people are stomachs - they eat, leaving less for everyone else. But once we realize the importance of ideas in the economy, people become brain - they innovate, creating more for everyone else.

Alex Tabarrok

It is a commonplace observation that liberals believe in the perfectibility of man while conservatives believe in the endurance of original sin. Superficially, that would suggest that conservatives take a more understanding and indulgent view of individual lapses, while liberals take a more harshly judgmental one. In fact, we know, quite the opposite is the case.

William A. Henry III

Everyone has an interest in the economy: in how it functions, how well it functions, and in whose interests it functions.

Jim Stanford

Consistent conservatives believe people should keep more of the money they work so hard to earn - not because the vulnerable don't deserve assistance, but because individuals can and will make better and more effective financial and charitable choices with their money than government bureaucrats.

Richard Grenell

The more we focus on what everyone else is doing wrong, the less energy we have to fix what we're doing wrong.

Andrew W.K.

Trickle-down economics - it didn't work. The whole idea was supply-side economics: give rich people a lot of money; they'll spend it, it'll go into the economy. Here's what we found out - rich people, really good at keeping all the money. That's how they got rich. If you want it in the economy, give it to the poor people. You know what they're really good at? Spending all their money.

Greg Fitzsimmons

Many social critics wag their fingers at what they perceive to be frivolous luxury spending. But that misses the point that consumption norms are local. It's not just the rich who spend more when they get more money. Everyone else does, too. The mansions of the rich may seem over the top to people in the middle, but the same could be said of middle-class houses as seen by most of the planet's seven billion people.

Robert H. Frank

I think we need to significantly reduce the regulatory burden on the private sector. The Obama administration is doing the opposite. They're loading on more and more regulation on the private respect to how the economy functions.

Dick Cheney

The more we are committed to believing that something is true, the less likely we are to believe that its opposite is true, even in the face of clear evidence that shows we are wrong.

Marshall Goldsmith

The people who have achieved more than you, in any area, are only a half step ahead of you in time. Bless them and praise their gifts, and bless and praise your own. The world would be less rich without their contributions, and it would be less rich without yours. There's more than room for everyone; in fact, there's a need for everyone.

Marianne Williamson

Here's the pay paradox that Why Men Earn More explains: Men earn more money, therefore men have more power; and men earn more money, therefore men have less power (earning more money as an obligation, not an option). The opposite is true for women: Women earn less money, therefore women have less power; and women earn less money, therefore women have more power (the option to raise children, or to not take a hazardous job).

Warren Farrell

Watch what everyone else does--do the opposite. The majority is always wrong.

Earl Nightingale

Everyone thinks writers must know more about the inside of the human head, but that's wrong. They know less, that's why they write. Trying to find out what everyone else takes for granted.

Margaret Atwood

Conservatives say if you don't give the rich more money, they will lose their incentive to invest. As for the poor, they tell us they've lost all incentive because we've given them too much money.

George Carlin

When workers make more money, they respond by being more productive in their jobs and are less likely to leave, reducing turnover costs. This puts money in business' pockets, and workers also then have more money to spend in the local economy.