Zitat des Tages von Elaine Chao:
While conventional wisdom has traditionally sided against borrowing from retirement savings, sentiment has shifted toward borrowing from one's own assets with the realization that other forms of credit come at a much higher cost and often are not even available to borrowers with limited means and urgent needs.
We have a lot of employers who are looking for skilled workers and not being able to find them. And we have workers who lack the requisite skills to access these good-paying jobs in high growth industries.
Smoot and Hawley ginned up The Tariff Act of 1930 to get America back to work after the Stock Market Crash of '29. Instead, it destroyed trade so effectively that by 1932, American exports to Europe were just a third of what they had been in 1929. World trade fell two-thirds as other nations retaliated. Jobs evaporated.
As I looked up at the Statue of Liberty, I thought at that time, 'What a wonderful country.'
When Peace Corps was first proposed, some in Congress assumed that only men would be volunteers.
Our private-sector work force is the most industrious, innovative, productive, and ambitious in the world.
Nan Gorman was born in Memphis, Tenn., on St. Patrick's Day. She moved to Hazard in 1929 when her father, James Hagan, a recent medical school graduate and aspiring surgeon, went to work there.
Capital available for individuals to start and expand businesses would increase with regulatory and strategic tax reforms, like reducing marginal rates, repealing the alternative minimum tax, and making the U.S. the most welcoming place for employers to relocate and create jobs.
For significant job creation to occur, prospective entrepreneurs and current business owners must not fear the future or be under assault from their own government in the present.
Outside of Washington, D.C., most Americans aren't concerned with doing things 'big.' They're looking for less government spending, lower taxes, and good jobs.
The OPPA route is nothing new. It follows the decades-old liberal agenda on trade, health care, global warming, and mass unionization. That agenda has never brought prosperity to workers.
The ingenuity and creativity of the private sector is essential to meeting American's needs for a skilled work force.
We need long-term tax reform that promotes private sector job creation. And legislated mandates that kill jobs by raising the cost of payrolls need to be eliminated.
When the Smoot-Hawley bill landed on President Herbert Hoover's desk, more than 1,000 economists urged him to veto it. Tragically, the president ignored their pleas.
Three years after the four deepest previous recessions began - in 1953, 1957, 1973 and 1981 - employment was on average 4.7% higher than the pre-recession peak.
Even when America's economy has been by all measures healthy and the unemployment rate low, some businesses suffer or fail and lay off workers. But nearly always, a simultaneous and even greater burst of new jobs has been created to offset the jobs lost - millions of new jobs every year.
While there have been news reports of recent college graduates living with their parents because they have been unable to find a job paying a salary sufficient to move out, their near and long-term career prospects remain far brighter than for those without a college degree.
The Democratic Party's governing elite has long believed there is no problem that European-style policies cannot cure.
Deep in the heart of Kentucky's rugged Eastern Mountain region, there lives a woman who has fascinated and inspired me for two decades. She is known locally these days as 'Mayor Nan' - the octogenarian chief executive of Hazard and advocate for its 5,467 residents.
Even if it's a national issue, the federal government cannot provide all the answers.
European-style interventions to which the Obama administration is inclined will not make America more competitive in the world-wide economy. Such policies will not increase growth, will not decrease unemployment, and will not increase wages for workers.
Most private sector workers can only dream of getting the generous lifetime pension and health benefits typical of government service.
News-free existence is not a serious proposal, but it is worth noting that while today's 24/7 media environment is wonderful in many ways, it can also be like drinking out of a fire hose and intensify a downward reinforcing cycle of despair.
It's not coincidental that America's vigorous recovery in the early 1980s was led by a president who worked hard to unshackle growth in the private sector.
As tough as it is for many college graduates to get their planned careers on track, it could be worse: They could be trying to find a job without a college degree.
America's competitive advantage lies in its human talent. All of us should be doing everything we can to cultivate and develop our work force.
To maintain their own competitiveness, workers need to attain and stay current on the qualifications needed to advance in a constantly evolving economy.
We are a Republic with different branches of government, and so the Senate and the House are going to be full partners in working with the White House.
Those memories of living in a developing nation are part of who I am today and give me a profound understanding of the challenges of economic development - an understanding which will make my tenure as Peace Corps director, I hope, a very special one.
I know that some people, when they are growing up and they - as a person of color in a majority community - that they may feel as if they are left out, or they feel a bit strange.
The borrow-spend-and-centralize agenda that has been so destructive to job creation elsewhere in America has been a gravy boat inside the Beltway.
To foster entrepreneurship, expansion and job creation, more leaders at all levels of government have to demonstrate some understanding of what it takes to build and grow businesses in the private sector.
Americans did not suffer alone. World trade overall fell two-thirds in the first few years of the Depression.
Left-wing shareholder activists seek to leverage the mass economic power of institutional investors such as pension funds, whose managers are supposed to focus strictly on their fiduciary responsibilities to retirees.
There should be an immediate moratorium on federal regulations that endanger jobs.
The Obama administration's zeal to not 'waste a good crisis,' as Secretary of State Hillary Clinton put it, has been stunning even for Washington insiders to behold.