A Quote by Robert Reich
Over the long term, the only way we're going to raise wages, grow the economy, and improve American competitiveness is by investing in our people - especially their educations.
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We can't just cut our way to prosperity. Even as we look for ways to reduce deficits over the long term, we must grow the economy in a way that strengthens the middle class and everyone willing to work hard to get into it.
There is no better way to improve wages and working conditions in our country than to support the right to unionize. Throughout our history, unions have improved the lives of millions of American families, grown the middle class, and pushed our economy forward.
Investing in more fossil fuel infrastructure will not strengthen our economy over the long-term, since the market is clearly indicating that clean energy sources are the future.
A more productive economy in the long term will bring us higher tax revenues, but that requires long-term investment in infrastructure and the skills necessary to grow a balanced economy.
Deficits and debt threaten the growing American economy and our national security over the long term.
I'm just absolutely convinced we have to educate our way to a better economy. That's the only way we're going to get there. This is the best long-term investment we can make. And so I think it's my job to be the truth-teller.
To look at long term trends in our economy, in our society, in the international sphere and using my best judgment, shape policies that will serve the American people, keep them safe, keep our economy growing, put people back to work.
Value investing doesn't always work. The market doesn't always agree with you. Over time, value is roughly the way the market prices stocks, but over the short term, which sometimes can be as long as two or three years, there are periods when it doesn't work. And that is a very good thing. The fact that our value approach doesn't work over periods of time is precisely the reason why it continues to work over the long term.
Higher wages for American workers are not just good for American families, they are good for our economy. I will keep fighting for a raise for hard working Americans so our families can afford housing, help their children get a quality education, and secure a good retirement.
Grow jobs. Get this economy growing. Raise wages. Simplify the tax system, so it's easy to comply with.
If we as a society want to cure unemployment, raise real wages, and in other ways improve our economy, we will base public policy on private property rights, the non-aggression principle and the law of free association. In the free and prosperous society, everyone may do precisely as he pleases, provided only that he does not initiate violence against non-aggressors.
The most important thing that a company can do in the midst of this economic turmoil is to not lose sight of the long-term perspective. Don't confuse the short-term crises with the long-term trends. Amidst all of these short-term change are some fundamental structural transformations happening in the economy, and the best way to stay in business is to not allow the short-term distractions to cause you to ignore what is happening in the long term.
One of the major forces driving the decline in wages and the concentration of wealth at the top is the offshoring of American jobs overseas - reducing wages not only in manufacturing but also across the economy.
We're going to have to invest in the American people again, in tax cuts for the middle class, in health care for all Americans, and college for every young person who wants to go. In businesses that can create the new energy economy of the future. In policies that will lift wages and will grow our middle class. These are the policies I have fought for my entire career.
The American economy is going to do fine. But it won't do fine every year and every week and every month. I mean, if you don't believe that, forget about buying stocks anyway... It's a positive-sum game, long term. And the only way an investor can get killed is by high fees or by trying to outsmart the market.
The reason I'm an American is for all the people in this country and recognizing that if business is thriving and growing, it will create more jobs, raise wages of our people, allow us to care for our seniors, get a better education for our kids, and allow us to have the kind of military that can defend American interests around the world.
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