A Quote by Tom Steyer
The tech-driven economy leads to a two-tier job market where workers are either critical or 'commodity.' This divisive 'winner-take-all' mentality hurts most Americans and worsens economic inequality.
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Tech is important, but if you look at even the successful tech start-ups, you see they employ only dozens of people at most. Tech is never going to have the impact on the job market that manufacturing has.
This kind of inequality - a level that we haven’t seen since the Great Depression - hurts us all. When middle-class families can no longer afford to buy the goods and services that businesses are selling...it drags down the entire economy from top to bottom. America was built on the idea of broad-based prosperity... That’s why a CEO like Henry Ford made it his mission to pay his workers enough so that they could buy the cars he made. It’s also why a recent study showed that countries with less inequality tend to have stronger and steadier economic growth over the long run.
I want to get everybody out of the shadows, get the economy working, and not let employers like Donald Trump exploit undocumented workers, which hurts them, but also hurts American workers.
What is it about a work of art, even when it is bought and sold in the market, that makes us distinguish it from . . . pure commodities? A work of art is a gift, not a commodity. . . works of art exist simultaneously in two “economies”, a market economy and a gift economy. Only one of these is essential, however: a work of art can survive without the market, but where there is no gift, there is no art.
Recent economic data shows that our economy is robust, growing and headed in the right direction. The numbers don't lie. Americans are currently enjoying falling gas prices, low unemployment, increased job creation, and a stock market that has reached an all-time high.
Yes, I think India's economy always has been a mixed economy, and by Western standards we are much more of a market economy than a public sector-driven economy.
Market fundamentalists recognize that the role of the state in the economy is always disruptive, inefficient, and generally has negative connotations. This leads them to believe that the market mechanism can take care of all the problems.
We don't want two-tier health care in Canada - one tier for Quebec and another tier for the rest of the country.
I wish Americans thought more like Europeans when it comes to money and work. They take time off, they do what they love. We think work is the most valued commodity. Really the most valued commodity is time.
We should strengthen our immigration laws to prevent the importation of foreign wages and working conditions. We should make it illegal for employers to lay off Americans and then fill their jobs by bringing in workers from overseas. Any U.S. employer who wishes to hire from abroad - even for temporary jobs - should have to recruit U.S. workers first. And we should end the unskilled immigration that competes with young Americans just entering the job market.
Most Americans may not realize that the news they consume is driven in part by the media mantra, 'if it bleeds, it leads.'
There are two economic realities in America in 2016. There's been a record six straight years of job growth, and new census numbers show incomes have increased at a record rate after years of stagnation. However, income inequality remains significant, and nearly half of Americans are living paycheck to paycheck.
There are two economic realities in America today. There's been a record six straight years of job growth, and new census numbers show incomes have increased at a record rate after years of stagnation. However, income inequality remains significant, and nearly half of Americans are living paycheck to paycheck.
I always think of the economy as going down a pretty broad road that has mud on either side - for inflation and deflation. What hurts the market is when we unexpectedly swerve into one of those mud banks.
What are we focused on? Return on equity. We don't need these great big tier one assets. I'm very happy with getting tier two, tier three assets; that's what Glencore has been good at.
For over two centuries, each generation of Americans before us confronted and solved problems. They embraced opportunities and Americans have never had it easy. This was a nation founded by declaring independence for the most powerful empire in the world. This was a nation that faced a divisive and bloody civil war, two great world wars, a long cold war.
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