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" Policymakers, elected and unelected, need to be ever-mindful that the U.S. economy does not exist in isolation. "
Elaine Chao
Elected
Need
Isolation
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" I love working in the garden. "
Elaine Chao
Love
I Love
Working
" 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
" People can voice their different points of view. We are also a country where there will be criticism. "
Elaine Chao
Voice
View
People
" What out country is facing right now is a skills gap. "
Elaine Chao
Gap
Now
Out
" Nan Gorman was born in Memphis, Tenn., on St. Patrick's Day. She moved to Hazard in 1929 when her father, James Hagan, a recent medical school graduate and aspiring surgeon, went to work there. "
Elaine Chao
Work
She
School
" As tough as it is for many college graduates to get their planned careers on track, it could be worse: They could be trying to find a job without a college degree. "
Elaine Chao
Find
Trying
Track
" Progress is being made, but a lot of women are realizing it is not what they envisioned. "
Elaine Chao
Women
Being
Made
" 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
" The Obama administration likes to say that it is 'pro-worker.' But something is amiss when its labor priorities are forcing unionization and labor contracts on American workplaces, and denying union members information on how their dues money is spent. "
Elaine Chao
Priorities
American
Information
" Americans did not suffer alone. World trade overall fell two-thirds in the first few years of the Depression. "
Elaine Chao
World
Alone
Depression
" European-style interventions to which the Obama administration is inclined will not make America more competitive in the world-wide economy. Such policies will not increase growth, will not decrease unemployment, and will not increase wages for workers. "
Elaine Chao
Unemployment
Growth
Economy
" Deep in the heart of Kentucky's rugged Eastern Mountain region, there lives a woman who has fascinated and inspired me for two decades. She is known locally these days as 'Mayor Nan' - the octogenarian chief executive of Hazard and advocate for its 5,467 residents. "
Elaine Chao
Woman
Deep
Heart
" We want to make sure that workers know their rights and that employers know their obligations. That is the best way to protect workers. "
Elaine Chao
Rights
Way
Want
" America's competitive advantage lies in its human talent. All of us should be doing everything we can to cultivate and develop our work force. "
Elaine Chao
Human
Doing
Talent
" 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
" My parents were very supportive. "
Elaine Chao
Very
Parents
Supportive
" Government at all levels has kicked the fiscal can down the road for far too long. "
Elaine Chao
Government
Down
Too
" Confidence, capital, and new markets fuel entrepreneurship and job-generating expansion of existing businesses. "
Elaine Chao
Confidence
New
Fuel
" When there's change, people are always anxious. "
Elaine Chao
Change
People
Always
" When Peace Corps was first proposed, some in Congress assumed that only men would be volunteers. "
Elaine Chao
Only
First
Congress
" While conventional wisdom has traditionally sided against borrowing from retirement savings, sentiment has shifted toward borrowing from one's own assets with the realization that other forms of credit come at a much higher cost and often are not even available to borrowers with limited means and urgent needs. "
Elaine Chao
Retirement
Against
Credit
" We need long-term tax reform that promotes private sector job creation. And legislated mandates that kill jobs by raising the cost of payrolls need to be eliminated. "
Elaine Chao
Reform
Cost
Tax
" 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
" My first port of call was Los Angeles. That's where I laid my first foot on America. "
Elaine Chao
First
America
Los Angeles
" 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
" Typically, after moving backwards, the economy takes even more steps forward. "
Elaine Chao
Moving
Economy
Forward
" News-free existence is not a serious proposal, but it is worth noting that while today's 24/7 media environment is wonderful in many ways, it can also be like drinking out of a fire hose and intensify a downward reinforcing cycle of despair. "
Elaine Chao
Environment
Fire
Serious
" Washington's parasitic approach to the private sector must change for there to be widespread, near-term and enduring prosperity and job creation. "
Elaine Chao
Job
Change
Must
" Most private sector workers can only dream of getting the generous lifetime pension and health benefits typical of government service. "
Elaine Chao
Health
Service
Only
" Because of these layaway angels, many children did not have to wonder why Santa skipped them in 2011. "
Elaine Chao
Why
Because
Children