Lee Iacocca Quotes

It is difficult to overcome protectionism when times are bad.

It's the nation that's at risk, not just Oklahoma or Pennsylvania. It's the whole country that's competing with Korea, Germany and Japan.

In the economic competition, in the technological competition, we are competitors; we are not allies.

Freedom of expression is no longer a political nicety, but a precondition for economic competitiveness.

While the Japanese are shipping us Toyotas, they’re exporting something more important than cars. They’re sending us unemployment.

You've heard of mental depression; this is a mental recession.

The economic crisis has weakened the EU for years.

We're losing all kinds of white-collar jobs, all kinds of jobs in addition to manufacturing jobs, which we're losing by the droves in my state.

Consulting offered me an opportunity to see a lot of different businesses in different regions of the world, to see how textiles were being affected by foreign competition, how technology was changing.

To qualify as a recession, economic activity must decline in an absolute sense; a mere slowdown in real growth is not enough.

By the time I was leaving school, there were no factories. There was no industry.

As the U.K.'s position as a global financial services hub weakens, our competitors will lose no time in attracting jobs in services from our shores.

Well, 2009 was a tough year.

Offshoring is like the winter. You don't ask if it is good or bad - you ask what do you do about it. The answer is you dress warmly.

Obviously I do have political views - I'm a believer in the free-market economy; I also believe that without competition and respect for human rights there will be no progress because nobody will feel safe and free.

From the peak in 2007 to the trough in 2009, Americans lost $11 trillion of net worth for households and businesses.

It has been proven through studies by the World Bank and others that companies participating in international trade are more competitive.

I'm astonished at how quickly the Great Recession came and went.

Well, we all make mistakes, and I've made some; getting involved in a price-cutting campaign in Scotland when the biggest slump in advertising history was just around the corner was a mistake.

That a joint stock company should be able to carry on successfully any branch of foreign trade, when private adventurers can come into any sort of open and fair competition with them, seems contrary to all experience.

America is dying at 1 percent GDP.

We're not just going to see mid-sized banks go under in the next few months, we're going to see a whopper.

In three years, every product my company makes will be obsolete. The only question is whether we will make them obsolete or somebody else will.

Part of the oncoming demise (of New York during its terrible fiscal crisis) is that none of us can simply believe it. We were always the best and the strongest of cities, and our people were vital to the teeth. Knock them down eight times and they would get up with that look in the eye which suggests the fight has barely begun.

I think the environment has become more competitive. That has made Indian industry more concerned with a) its customers, b) the quality of its products, and c) its brand image in the marketplace.