Wilbur Ross Quotes
If you want to do something to destroy consumer spending, just eat away at the middle class because the other problem we have is the structural problem of middle class America.
Topics
Poverty
Consumer Spending
Economic Disparity, Income Divide, Income Equality, Income Inequality
Economic Security, Economic Insecurity, Financial Security, Financial Insecurity
Economic Stability
Job Loss, Job Losses
Middle Class
Tax Burden
Consumer Debt
Cost of Living Increase
Economic Impact
Economic Inequality
Spending Power
Wage Stagnation
Wealth Distribution
Wealth Gap
Citations
Ross, Wilbur. Interview. Squawk Box, CNBC, 12 Sept. 2011.
Related Quotes
Wilbur Louis Ross Jr. is an American businessman who served as the 39th United States Secretary of Commerce from 2017 to 2021. A member of the Republican Party, Ross was previously chairman and chief executive officer (CEO) of WL Ross & Co from 2000 to 2017.