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" Consider trade protectionism. It's been tried - and found wanting - since the Great Depression. "
Elaine Chao
Great Depression
Depression
Great
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" Never far from my thoughts are memories of being a little girl in Queens, N.Y., our family of five crowded in a small one-bedroom apartment, struggling to learn English and survive a new life in a new country, America. We humbly and gratefully still recall the kindnesses shown by strangers and neighbors who became new friends. "
Elaine Chao
Memories
Girl
Life
" While there have been news reports of recent college graduates living with their parents because they have been unable to find a job paying a salary sufficient to move out, their near and long-term career prospects remain far brighter than for those without a college degree. "
Elaine Chao
Job
Career
Living
" We Americans typically are more positive about our individual futures, which we have some control over, than we are the nation's or the world's, which we see largely through the media prism. "
Elaine Chao
Control
Nation
Positive
" I love working in the garden. "
Elaine Chao
Love
I Love
Working
" In normal times, laid-off workers are unemployed an average of eight weeks. "
Elaine Chao
Unemployed
Average
Workers
" As I looked up at the Statue of Liberty, I thought at that time, 'What a wonderful country.' "
Elaine Chao
Liberty
Up
Time
" Activist shareholder resolutions do not have to pass to succeed. The process itself can be so injurious to a company that management will cave to demands. "
Elaine Chao
Company
Succeed
Management
" People can voice their different points of view. We are also a country where there will be criticism. "
Elaine Chao
Voice
View
People
" Progress is being made, but a lot of women are realizing it is not what they envisioned. "
Elaine Chao
Women
Being
Made
" Those memories of living in a developing nation are part of who I am today and give me a profound understanding of the challenges of economic development - an understanding which will make my tenure as Peace Corps director, I hope, a very special one. "
Elaine Chao
I Am
Hope
Today
" My first port of call was Los Angeles. That's where I laid my first foot on America. "
Elaine Chao
First
America
Los Angeles
" The work of these women doesn't end when they return home from overseas, as one goal of the Peace Corps' mission is to help promote a better understanding of other cultures here in the United States. "
Elaine Chao
Work
Help
Home
" There should be an immediate moratorium on federal regulations that endanger jobs. "
Elaine Chao
Jobs
Should
Regulations
" President Obama has been admirably pro-trade in public remarks, but there has been no progress in moving any new free trade agreements to expand exports abroad and create jobs at home. "
Elaine Chao
Home
Create
Progress
" To foster entrepreneurship, expansion and job creation, more leaders at all levels of government have to demonstrate some understanding of what it takes to build and grow businesses in the private sector. "
Elaine Chao
Job
Understanding
Government
" Capital available for individuals to start and expand businesses would increase with regulatory and strategic tax reforms, like reducing marginal rates, repealing the alternative minimum tax, and making the U.S. the most welcoming place for employers to relocate and create jobs. "
Elaine Chao
Start
Create
Tax
" When my mother, sisters and I arrived on the shores of America when I was 8 years old, the boat on which we came, a freighter, passed the Statue of Liberty. "
Elaine Chao
Mother
Liberty
Boat
" 401k savings accounts have become so important in the landscape of retirement planning that their security and expansion became a top priority in formulating and implementing the Pension Protection Act of 2006 that was enacted during my tenure as the U.S. Secretary of Labor. "
Elaine Chao
Landscape
Planning
Retirement
" Left-wing shareholder activists seek to leverage the mass economic power of institutional investors such as pension funds, whose managers are supposed to focus strictly on their fiduciary responsibilities to retirees. "
Elaine Chao
Left-Wing
Power
Seek
" If we did not have Obamacare, we could've addressed the healthcare crisis in a comprehensive but segmented fashion - meaning that we could have promoted a health savings plan. We could've pushed for tort reform, which added so much more cost to healthcare. "
Elaine Chao
Health
Healthcare
Meaning
" We are a Republic with different branches of government, and so the Senate and the House are going to be full partners in working with the White House. "
Elaine Chao
Republic
White
Government
" Our country needs to produce 250,000 net new jobs every month just to keep even with population growth. "
Elaine Chao
Month
New
Country
" I know what it is like to feel vulnerable and fearful during a difficult time. "
Elaine Chao
Know
Time
Feel
" The OPPA route is nothing new. It follows the decades-old liberal agenda on trade, health care, global warming, and mass unionization. That agenda has never brought prosperity to workers. "
Elaine Chao
New
Trade
Nothing
" The expenses of complying with Washington's torrent of mandates and regulatory overreach are costing American workers jobs and income growth. "
Elaine Chao
Washington
Growth
American
" Smoot and Hawley ginned up The Tariff Act of 1930 to get America back to work after the Stock Market Crash of '29. Instead, it destroyed trade so effectively that by 1932, American exports to Europe were just a third of what they had been in 1929. World trade fell two-thirds as other nations retaliated. Jobs evaporated. "
Elaine Chao
Up
Work
World
" Confidence, capital, and new markets fuel entrepreneurship and job-generating expansion of existing businesses. "
Elaine Chao
Confidence
New
Fuel
" I can tell you I love California - and no more. "
Elaine Chao
California
I Can
You
" What out country is facing right now is a skills gap. "
Elaine Chao
Gap
Now
Out
" It's not coincidental that America's vigorous recovery in the early 1980s was led by a president who worked hard to unshackle growth in the private sector. "
Elaine Chao
America
Early
Growth