Lance Morrow Quotes

If you look at the US economy over the last 15-20 years wages have been stagnating or even declining.

By the mid-1990s, nearly everything in North Korea was worn out, broken, malfunctioning. The country had seen better days.

From 1891 to 1972, U. S. productivity grew at an average rate of 2.33 percent, which is high, but then it dropped substantially so that from 1972-1996 it averaged only 1.38 percent. In other words, the Reagan tax cuts and deregulation did not spur productivity growth, even allowing for a long time.

Nothing disturbs me more than the downward trend of productivity in our nation today. The consequences of a decrease in productivity are a diminished standard of living, higher labor costs, less competitive prices, and more inflation.

You just hear this constant whining, complaining about a loss of competitiveness, America in decline

I think that we are not in the position that we used to be. I think we were a very powerful, very wealthy country. And we're a poor country now. We're a debtor nation.

Health care is in as bad a shape as it has ever been after eight years of Barack Obama and the Democrat Party running it and running the US economy. It's an absolute disaster. Other areas of the economy are a disaster. Economic growth? There isn't any. It's 1% per quarter, a 4% growth rate per year if we're lucky. There is no expansion. There is no productivity increase.

If you look at the economy, the U.S. economy, in terms of per-capita terms, in terms of other considerations, has been on the descent, ever since the beginning of the war in Indo-China. And it started really as a result of John F. Kennedy being assassinated.

The economy and its dismal status is the result of policy decisions that Obama has made and put into place. It's not the quirk of fate. It's not that America's best days are over. It's not that America's past was a fad or a quirk. It's not that the great economic days of the eighties were illegitimate or unreal. It's not that this is the new normal. It's not that all of the greatness in the past was undeserved. It is precisely because of Obama policies implemented since 2009 that this country is in the shape it's in.

Other countries haves passed us by. They're outworking us. They're outcompeting us. We have got to wake up and we have got to start moving.

If we lose our morality, we will lose our country. It will happen.

I do know this: other countries are eating our lunch.

I don't see evidence of America being a poorer country than it was 20 years ago. I've seen impoverished devastation. I've seen places where things had been good and now they were very bad.

I'm not worried they're all about the investments we make. I mean, listen, this country - we've got $46,000 or $47,000 of GDP per capita. Now, we've done pretty darn well. We'll do better in the future.

Passive commerce . . . should thus . . . [compel us] to content ourselves with the first price of our commodities, and to see the profits of our trade snatched from us, to enrich our enemies and persecutors. That unequalled spirit of enterprise . . . an inexhaustible mine of national wealth, would be stifled and lost; and poverty and disgrace would overspread a country, which, with wisdom, might make herself the admiration and envy of the world.

Well, here you had a city that was selling more cars than ever before, that had this wondrous music being created, that was so vital to the labor and civil rights of this country, and yet it was dying and didn't see it, except for some sociologist at Wayne State University who predicted that Detroit was losing population by a half-million by the end of that '60s decade, and that that trend would continue taking away its tax base.

It is not great wealth in a few individuals that proves a country is prosperous, but great general wealth evenly distributed among the people. . .

Obviously we don't have 300 million people. We haven't got a big army. We don't have Hollywood. We're a medium small-sized country. We have to do what medium small-sized countries do, which-even though we're not smarter than other people-is to make ourselves seem to be smarter. We have to work harder and know more than other people.

During the 1960s, and again in the 1970s, growth in manufacturing productivity in the United Kingdom was the lowest of all the seven major industrial countries in the world. During the 1980s, our annual rate of growth of output per head in manufacturing has been the highest of all the seven major industrial countries.

Take a look at NAFTA, one of the worst deals ever made by any country having to do with economic development. It's economic un development as far as America is concerned.

The US reasserted control over Nicaragua in 1990. Since then, the country has experienced a steep decline. It's now the second poorest country in the hemisphere.

I believe that India is such a big country that one must do as much work as possible. So I keep doing that.

Condition comes from hard work during practice and proper mental and moral conduct between practices.

The United States of American business pays the second-highest business taxes in the world, 35 percent. Ireland pays 11 percent. Now, if you're a business person, and you can locate any place in the world, then, obviously, if you go to the country where it's 11 percent tax versus 35 percent, you're going to be able to create jobs, increase your business, make more investment, et cetera. I want to cut that business tax. I want to cut it so that businesses will remain in the United States of America and create jobs.

The greatest problem America faces is the decline of middle class incomes.