Wilbur Ross Quotes

I think that one thing that people are missing is that we are never going to be able to fix this country's [American] economy in the long run until we fix our public education system.

As far as the U.S. economy is concerned, I always believe that the U.S. economy is solidly based, not only in a material sense, but more importantly, the United States has the strength of scientific and technological talent, and managerial expertise.

Thinking ahead, what really happens to us will depend on how many people we have who are of the great and sober and dynamic middle-class - the strivers, the planners, the ambitious ones.

I think ultimately Obama's ability to rebuild America's image in the world will depend less on his personal good will and more his ability to rebuild an American economic model that seems stable and humane and dynamic.

I think that at some level, people recognize that growing our economy is destroying us. It's destroying us as human beings, it's destroying our planet.

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.

The great challenge of the twenty-first century is to raise people everywhere to a decent standard of living while preserving as much of the rest of life as possible.

The truth is that capitalism has not only multiplied population figures, but at the same time, improved the people's standard of living in an unprecedented way. Neither economic thinking nor historical experience suggests that any other social system could be as beneficial to the masses as capitalism. The results speak for themselves. The market economy needs no apologists and propagandists. It can apply to itself the words of Sir Christopher Wren's epitaph in St. Paul's: Si monumentum requires, circumspice.

Over the years, the U.S. economy has shown a remarkable ability to absorb shocks of all kinds, to recover, and to continue to grow.

If we provide employment to people, if we ensure there's food on their plates, if we provide them with facilities and give them education, all the tension will end. And this is why, all those who want good for the nation, I request them to compete towards development and for development. This atmosphere should be created in India and I think such an environment is being created nowadays.

When you start doing comedy, you think to yourself, "I want to be a headliner." And you become a headliner, and you're like, "Oh wait, this isn't what I meant. I meant I want to be a headliner that's famous enough that people come see me specifically." And that's a huge leap, because most of the time most of the audience is there to see comedy in general. They're not there to see you.

I think the FDIC was one of the great inventions of the American.

What I keep telling people is, getting trade agreements that are good for America is good for everybody.

People think you're like The Godfather, waiting for scripts to come in. But, you're hustling, you're desperate, you're panicked and you're horrified. The movie you think you're going to do next, you don't do. The movie you think you're never going to do, you make.

But let's not assume that trade is the only challenge we have in the economy. I think it is a part of it, and I've said what I'm going to do.

I do want people to know that, and I think it's important for everybody to understand I have a record, I have stood firm and I will be the person who prevents them from ever wrecking the economy again.

[That is] hard to predict, [it] could be either September or December [2016] I personally think the sooner the better because that would be a good sign that the Fed believes the economy is significantly stronger.

East Asia confirms the superior capacity of industrial capitalism in raising the material standard of living of large masses of people.

There was a hope then by some people that what we call trickle-down economics would work. That if you made the economy pie bigger, everybody would benefit. Twenty-five years after NAFTA, we know that that is not true. We should have known then that it was not true.

Socialism works ... [and] Cuba might prove that. I think it's conclusive that there have been areas where socialism has helped to keep people at least stabilized at a certain level.

I don't think there is anything this Congress could do more definitively to put people back to work, to stimulate our economy to increase our efficiency, our competitiveness, both nationally and internationally

We don't measure whether an economy is developing. We just measure whether companies are selling more, whether inventories are up or down, not whether the health, safety and economic well-being of people are being advanced.

For any economy, there are two basic factors determining how many jobs are available at any given time. The first is the overall level of activity - with GDP as a rough, if inadequate measure of overall activity - and the second is what share of GDP goes to hiring people into jobs. In terms of our current situation, after the Great Recession hit in full in 2008, US GDP has grown at an anemic average rate of 1.3 percent per year, as opposed to the historic average rate from 1950 until 2007 of 3.3 percent.

America's skyscrapers were not built by public funds nor for a public purpose: they were built by the energy, initiative and wealth of private individuals for personal profit. And, instead of impoverishing the people, these skyscrapers, as they rose higher and higher, kept raising the people's standard of living - including the inhabitants of the slums.

The economy schoolchildren currently expect to live under and serve would not survive a generation of young people trained to think critically.