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" Progress is being made, but a lot of women are realizing it is not what they envisioned. "
Elaine Chao
Women
Being
Made
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" Typically, after moving backwards, the economy takes even more steps forward. "
Elaine Chao
Moving
Economy
Forward
" The ingenuity and creativity of the private sector is essential to meeting American's needs for a skilled work force. "
Elaine Chao
Creativity
American
Work
" Around the time President Lyndon B. Johnson was declaring a War on Poverty in the 1960s, federal, state and local governments began accelerating a veritable War on the Private Sector. "
Elaine Chao
War
Local
Poverty
" 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
" 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
" The majority of the new jobs being created require higher skills, more education. "
Elaine Chao
New
Skills
Higher
" 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
" We need fair and free trade. "
Elaine Chao
Free Trade
Trade
Fair
" My first port of call was Los Angeles. That's where I laid my first foot on America. "
Elaine Chao
First
America
Los Angeles
" America's private sector job creators need elected leaders to lead and get out of the way. "
Elaine Chao
Way
Lead
Job
" Where public pensions are concerned, many jurisdictions are running out of road. "
Elaine Chao
Public
Out
Road
" When the Smoot-Hawley bill landed on President Herbert Hoover's desk, more than 1,000 economists urged him to veto it. Tragically, the president ignored their pleas. "
Elaine Chao
Him
Desk
Economists
" Americans did not suffer alone. World trade overall fell two-thirds in the first few years of the Depression. "
Elaine Chao
World
Alone
Depression
" 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
" 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
" 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
" 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
" 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
" 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
" 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
" The greatest job creation is driven by entrepreneurs and young businesses, so they merit special attention. "
Elaine Chao
Young
Attention
Creation
" 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
" 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
" 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
" 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
" Consider trade protectionism. It's been tried - and found wanting - since the Great Depression. "
Elaine Chao
Great Depression
Depression
Great
" Rising energy costs kill jobs and hit America's poorest the hardest. "
Elaine Chao
Costs
Energy
America
" When there's change, people are always anxious. "
Elaine Chao
Change
People
Always
" 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
" Washington policymakers have to understand the adverse implications of their actions on job creation, and they must reorder some of their priorities. "
Elaine Chao
Job
Priorities
Understand