Jack Welch Quotes

I learned more about economics from one South Dakota dust storm than I did in all my years in college.

The spirit of manufacture has taken deep root among us, and its foundations are laid in too great expense to be abandoned.

It is impossible for any power to become eminent in commerce, without excelling in manufactures and navigation. America is capable of supporting and increasing both …

The United States, in its early years engaged in massive illegal smuggling of intellectual properties from other counties…. The United states was a hotbed of intellectual piracy in the 19th century…. It was a way of jump-starting our industrial democracy…. Today we tell emerging nations, “do as we say, not as we did.”

Park City is developing itself, almost to death.

I think we have to pick up some sectors where we can make India the global hub in the entire value chain, and the most important sector to pick up should be electronics.

Latecomers to industrial development have had to catch up by finding ways of closing the gap.

I had a very clear vision. If Indians start consuming power like the Americans, the world will run out of resources. Either you stop India from developing, or you find some alternate solution.

America was built on cheap and abundant coal.

I think there is some kind of disillusionment in the West about the gains of modernity and of economic growth and it takes a form of skepticism about the gains of prosperity generally.

I see a big, promising future for India's manufacturing and supply chain part of our company.

I've never believed protectionism of that kind will lead us anywhere. I think you can have certain specific rules for engaging with India.. for example, not allowing mineral resources to be taken out of the country.. but there is not a shred of doubt in my mind that when you open an economy you should do it in totality. Foreign investment adds a sense of competition; we should see this as a wake-up call to modernise and upgrade. Companies that do not will undoubtedly die.

Economic growth is the key to everything. But once you have economic growth, it is important that we reach out to people who live in the shadows, the people who don't seem to ever think that they get a fair deal. And that includes people in our minority community; that includes people who feel as though they don't have a chance to move up.

I think Russia has already turned the toughest pages in its history. We're only moving forward now, only get stronger.

As important as the civil rights movement was, I think what will rise to the top is that we left Earth in that time.

I think people are listening to our message of securing the homeland first, keeping the American people safe and improving our economic situation. I think those things are being received well, and we're moving forward here.

If you want something really important to be done you must not merely satisfy the reason, you must move the heart also.

I'm not expecting a big sell-off but I do think that if we don't have a move toward economic growth and policies that will promote economic growth and get us out of this 2 percent world - we really need to see 4 percent, 5 percent - to see jobs created, and if we don't see that longer-term, yeah the market will sell-off...[but] I do think things are getting better. It's just been very slow.

I think it will get moving faster. I mean once you get it off the - once credit flows - now the recession is going to get worse.

My first policy move would be to try to get a conversation going in the US about what people stand for and what we really want. Do we want to keep adding people to the world and to our country until we move to a battery-chicken kind of existence and then collapse? Or do we want to think hard about what really is valuable to us, and figure out how many people we can supply that to sustainably?

It's hard to find a reason that is not environmentally centered, that [doesn't have] something to do with global warming or what the planet is going through. The amount of tornadoesit's like three times the highest amount ever before, right? Something weird is happening with all of these natural catastrophes.

I think the dangers of the impact of GMOs on the environment are undebatable. Genetically modified crops are tied to the chemicals sprayed on them.

I think it may be even a bigger story than the internet. You know, it's like saying, 'how big a deal is the internet?' The Chinese middle-class is going to change the world.

I'm in favor of free trade, but I think if you had to make a choice between having technological progress versus free trade, you had one or the other, you should always pick technological progress. I think it's an incredibly important variable for creating more prosperity.

We have to walk on two legs. We have to create conditions in which manufacturing and services - the economy outside agriculture - move and move fast enough. And at the same time the working force that is available must have skills which will fit the kind of jobs which will be in demand.