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" Government at all levels has kicked the fiscal can down the road for far too long. "
Elaine Chao
Government
Down
Too
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" 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
" Our private-sector work force is the most industrious, innovative, productive, and ambitious in the world. "
Elaine Chao
Most
Productive
Work
" There should be an immediate moratorium on federal regulations that endanger jobs. "
Elaine Chao
Jobs
Should
Regulations
" I'm the first secretary of labor in the 21st century, and the competitiveness of the American work force and the modernization of decades-old regulations have been among our top priorities. "
Elaine Chao
Priorities
Labor
American
" Though the National Bureau of Economic Research deemed the recession to have ended in June 2009, to most Americans, that conclusion seems not to square with reality. "
Elaine Chao
Reality
Economic
Research
" It has long been said the only things in life that are certain are death and taxes. Automatic enrollment for insurance of 401k loans would add an additional certainty. Fewer Americans would suffer the unnecessary loss of retirement savings due to unanticipated and untimely misfortune in an already stressful time of need. "
Elaine Chao
Life
Death
Time
" Even a healthy economy and labor market would have struggled under the additional expenses enacted and proposed in 2009 and 2010 - from healthcare mandates and higher taxes, to carbon cap-and-trade and delay in extending the last decade's tax reforms. "
Elaine Chao
Healthy
Economy
Tax
" 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
" 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
" 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
" Americans did not suffer alone. World trade overall fell two-thirds in the first few years of the Depression. "
Elaine Chao
World
Alone
Depression
" Outside of Washington, D.C., most Americans aren't concerned with doing things 'big.' They're looking for less government spending, lower taxes, and good jobs. "
Elaine Chao
Doing
Good
Government
" Confidence, capital, and new markets fuel entrepreneurship and job-generating expansion of existing businesses. "
Elaine Chao
Confidence
New
Fuel
" Confidence, capital, and credit fuel entrepreneurship and economic expansion. "
Elaine Chao
Economic
Credit
Expansion
" Employers should overcome a myopic quarterly earnings posture and focus on long-term strategies for growth that include investing in their own skills-training efforts to enable a broader pool of applicants. "
Elaine Chao
Growth
Pool
Own
" We're a robust democracy here. That's the wonderful thing about this country. "
Elaine Chao
Wonderful
Here
Country
" As I looked up at the Statue of Liberty, I thought at that time, 'What a wonderful country.' "
Elaine Chao
Liberty
Up
Time
" To maintain their own competitiveness, workers need to attain and stay current on the qualifications needed to advance in a constantly evolving economy. "
Elaine Chao
Own
Stay
Workers
" Perhaps the original layaway angel knew from experience, or simply deduced, that people resorting to the old-fashioned installment method of layaway may be struggling financially. "
Elaine Chao
Original
May
Experience
" In the best of years, millions of jobs are lost. "
Elaine Chao
Jobs
Years
Best
" 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
" Every person - we want to make sure that every person who wants a job will indeed get one. "
Elaine Chao
Who
Sure
Person
" America needs a new approach to boost the economy - one that does not doom future generations to being saddled with paying off today's federal deficits. "
Elaine Chao
Future
New
Today
" 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 that some people, when they are growing up and they - as a person of color in a majority community - that they may feel as if they are left out, or they feel a bit strange. "
Elaine Chao
Community
Growing Up
People
" We have many rules and regulations that can be sometimes confusing and complicated. By reaching out to the employer community and educating them on what their responsibilities and obligations are to their work force, that, along, with strong enforcement, is the best way to protect workers. "
Elaine Chao
Best
Community
Rules
" My parents were very supportive. "
Elaine Chao
Very
Parents
Supportive
" 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
" I will carry with me always the deep sense of what it feels like to be an outsider and how tough it was, how hard it was to adapt to this country. "
Elaine Chao
Adapt
Country
Tough
" 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