A Quote by William J. Clinton

There is no example on the planet of a successful economy with broadly shared prosperity and a shrinking, weak government. — © William J. Clinton
There is no example on the planet of a successful economy with broadly shared prosperity and a shrinking, weak government.
We are shrinking the size of the federal government as a percent of our economy from over 21 percent of the economy to 19 percent of the economy. At the same time, we're growing the private economy.
We Democrats think the country works better with a strong middle class, real opportunities for poor people to work their way into it and a relentless focus on the future, with business and government working together to promote growth and broadly shared prosperity. We think "we're all in this together" is a better philosophy than "you're on your own."
Why is it so hard to see that when America had high savings, low taxes and minimal government, the economy grew like a week, and today when we have just the opposite, the economy is shrinking.?
Middle-class economics is the simple idea that the economy performs best when the benefits of economic growth are broadly shared, not isolated to a fortunate few.
With neoliberalism discredited and austerity failed, we need to rewrite the rules of the economy once again. But this time in the right way. We need rules that focus on long-term economic growth, and the only kind of sustainable prosperity is shared prosperity.
It's time for a new beginning, for an end to government of the few, by the few, for the few, and to replace it with shared responsibility for shared prosperity.
It's time for a new beginning, for an end to government of the few, by the few, and for the few and to replace it with shared responsibility for shared prosperity.
President Obama's approach embodies the values, the ideas and the direction America has to take to build the 21st-century version of the American Dream: a nation of shared opportunities, shared responsibilities, shared prosperity, a shared sense of community.
A weak currency is the sign of a weak economy, and a weak economy leads to a weak nation.
My guiding principle is that prosperity can be shared. We can create wealth together. The global economy is not a zero-sum game.
With the shrinking of the US economy, and it's shrinking very rapidly, you not only have more money, but you also have fewer goods. That's a classic double-whammy on inflation.
Liberalized trade - in broadly multilateral, regional, or bilateral agreements - is a key ingredient in the recipe for prosperity... An absolute prerequisite for long-term economic growth is full participation in the global economy and trading system.
Real prosperity comes from everybody in the country working together in a growth mode. Real prosperity comes as a result of people's own initiative and efforts and so forth. Prosperity, if it comes from the government, is not prosperity. It's an existence or a subsistence or whatever, but it isn't prosperity.
One of the great drivers of the alienation that has made Donald Trump possible is that the growth in the American economy has been weak. In the decade from 2005 to 2015, there was not one year when the US hit three per cent growth. And to the extent there's been growth, virtually all of it has been collected by the top 10 per cent of the population. Obviously, if we knew how to make growth faster, we would. We don't. And it's very difficult to make growth more broadly shared. Because it's not just the US that has this problem.
Broadly speaking, Keynesianism means that the government has a specific responsibility for the behavior of the economy, that it doesn't work on its own autonomous course, but the government, when there's a recession, compensates by employment, by expansion of purchasing power, and in boom times corrects by being a restraining force. But it controls the great flow of demand into the economy, what since Keynesian times has been the flow of aggregate demand. That was the basic idea of Keynes so far as one can put it in a couple of sentences.
Presidents don't have a whole lot to say about prosperity or the economy. Government cannot create prosperity. There are a lot of other factors that determine whether there are good times or bad times.
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