Will Hurd Quotes

Europe will be the most important economic power in the world.

If the United States loses the economic weapons of control, it is very much weakened.

Now, many Americans fear that China might grow too strong ... I'm more worried that America might be getting too weak. It's not bad for the United States if other nations have a strong economy. One fewer hungry-mouthed country wanting us to take care of it and its people is great news. If they have money, maybe they will buy the things we innovate and make.

China is now expected to surpass Japan as the 2nd richest country in the world. They could become the richest, but that's only if we pay them the money we owe them, and that's not going to happen.

Probably in 2035 we will pass that mantle on to China. It will be the biggest economy in the world, and it will go way past us and way past India. Given the growth, the size, the opportunities, I don't think there's any other place in the world that can match it.

Policymakers, elected and unelected, need to be ever-mindful that the U.S. economy does not exist in isolation.

Through our own hard work and ingenuity, America has spent much of its history as the world's dominant economic power. But our dominance is not pre-ordained - history does not roll along on the wheels of inevitability.

We have to make sure America writes the rules of the global economy, and we should do it today while our economy is in the position of global strength, because if we don't write the rules for trade around the world, guess what: China will.

America is stronger than Russia. Our economy is 16 times larger than the Russian economy.

America still is the center of the world, and what happens in the American economy matters everywhere.

That is what has happened to the United States in the international economic scene. We have deteriorated into a debtor status so that we are now dependent upon the kindness of strangers. That is not where the world's leading power should find itself.

China is not only formidable, it is also aggressively building its own economic infrastructure. Just a few years from now, China will rival the U.S. and the European Union in global market power. It already has surpassed us in population.

Japan is an important ally of ours. Japan and the United States of the Western industrialized capacity, 60 percent of the GNP, two countries. That's a statement in and of itself.

I've spent my entire adult life with the United States as a superpower and one that had no compunction about spending what it took to sustain that position. And it didn't have to look over its shoulder because our economy was so strong.

We Americans sit at the head of the banquet table, as we have done for a century. Our standard of living is luxurious by any measure.

The major economies are not American anymore. They are Asian and South American.

We can pretend that China is not there. But China is there, and unless we put our economy on the right track, it is going to overwhelm us completely.

You always want to try to make something new, and, of course, America is the world leader in economics today.

Eventually the dollar won't always rule. Eventually there will be a challenge to the United States and it will have to be like other countries that are a bit concerned about their currency, and then have to ratchet back in order to - right, in order to sustain. We just haven't reached that point yet.

As the U.S. trade deficit, and the portion of that deficit attributed to China, continue to grow, our own economy is at risk of losing its reputation as a leader in world trade.

National security must include international economics as it became clear that the U. S. economy was powerfully affective by economic policies in dozens of other countries.

Geo-economics may replace geo-politics as the driving force in international relations.

For the first time since the 15th century, China is becoming a major economic power.

There is no single sustainable model for national success. … the American model, which has indeed been successful, is not available to others, because our success depends greatly on our dominant position at the center of the global capitalist system, and we are not willing to yield it.

But if there were no other reason why we should never have war, would any sane nation make war on cotton? Without firing a gun, without drawing a sword, should they make war on us we could bring the whole world to our feet.