A Quote by Trish Regan
What happens to our economy and all our wonderful innovation if people are not properly incentivized and rewarded?
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Innovation really is the life blood of our American economy... looking back at the stories of Thomas Edison, Alexander Graham Bell, and the Wright Brothers, you look at emergence to technology innovation and what it has done for our economy. We need to continue that.
An actual understanding of our economy is that our economy most depends on our rate of innovation... It's not actually understood by most of the people running for office, but it's not in fact disputed.
With every innovation that has happened, we somehow, our country, our society has found jobs and a means of income for people who have been aced out. And it happens a lot with innovation, technological and otherwise. And people do prove adaptive.
It is time to unleash our economy... to unleash the free market system so that businesses can grow and prosper so that our workers can be rewarded for their work and our economy can relaunch to its rightful place at the head of the pack.
Both SOPA and PIPA are toxic. My view is that anyone who supports these bills either doesn't understand what they are supporting or is simply no friend of innovation. And, if you are no friend of innovation, I can't support you in any way, as innovation is the lifeblood of our economy, our country, and what I've dedicated my life to.
What is the upside of inequality? I would say that it's a deep pool of properly trained, highly motivated talent that is endeavoring to create innovation that grows our knowledge-based economy.
It's time to admit that public education operates like a planned economy, a bureaucratic system in which everybody's role is spelled out in advance and there are few incentives for innovation and productivity. It's no surprise that our school system doesn't improve: It more resembles the communist economy than our own market economy.
We are going through historic times, and my vision is a world, first of all, in which America continues to be that one indispensable nation. Because we're taking care of our own people, because our economy is strong and our middle class is growing, and people feel like hard work is rewarded, and we are continuing to expand opportunity and diversity and tolerance and respect.
We can't keep begging or expecting people to give us an opportunity to make a movie or to represent our culture in the right way. They're not from or neighborhoods and communities so of course they can't truly relate to our experience. It's our responsibility to properly protect our people and to properly give them opportunities for employment.
We've got to start also holding people accountable, and we've got to reward people who succeed. But somehow in Washington today - and I'm afraid on Wall Street - greed is rewarded, excess is rewarded, and corruption - or certainly failure to carry out our responsibility is rewarded.
We can't have extraordinary dynamism, innovation, and change in the economy and expect to have predictability and stability in our personal lives. It's not as if there are these big, giant institutions existing between us and the economy. In fact, these institutions have become tissue-thin. There is no mediation anymore. We are the economy; the economy is us.
If someone thinks of something, some new innovation that benefits us all, and the market works properly, they get richly rewarded for that, and that's just terrific, and that creates inequality.
We need to remake and reinvent our housing system so that it supports the flexibility and mobility of our economic system broadly. Home-ownership is rewarded by the federal tax code, which made great sense when that piece of the American Dream, and all the consumption that came with it, was essential to rebuilding the economy. These days, however, it feels like a huge penalty to people who want to travel light within the new mobile economy without a mortgage to hold them back.
What happens when we begin to praise our own abilities? And this is not focusing on an inflated ego, but on appreciation and praise. What happens when we begin sincerely to give thanks for our wonderful minds and our strong and healthy bodies? It's not at all difficult to believe that our own senses of confidence and self-worth are actually activated and strengthened.
The fruits of science and innovation have nourished our society and economy for years, but nations unable to navigate our regulatory system are often excluded, as are vulnerable individuals.
There is this group of people who love innovation. Those people want to innovate, and they think the Internet is a wonderful tool for innovation, which is true. But you also have to remember that much of that innovation is constrained within the realities of the foreign policy.
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