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" 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
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" My first port of call was Los Angeles. That's where I laid my first foot on America. "
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First
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Los Angeles
" 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. "
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Up
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" 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. "
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" Typically, after moving backwards, the economy takes even more steps forward. "
Elaine Chao
Moving
Economy
Forward
" When there's change, people are always anxious. "
Elaine Chao
Change
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" 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
" 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
" 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
" 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
" 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 ingenuity and creativity of the private sector is essential to meeting American's needs for a skilled work force. "
Elaine Chao
Creativity
American
Work
" There should be an immediate moratorium on federal regulations that endanger jobs. "
Elaine Chao
Jobs
Should
Regulations
" 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
" 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
" 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
" There are many reasons to worry; the evening news is full of them. "
Elaine Chao
Reasons
Worry
Evening
" 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
" Our country needs to produce 250,000 net new jobs every month just to keep even with population growth. "
Elaine Chao
Month
New
Country
" 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
" 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
" Three years after the four deepest previous recessions began - in 1953, 1957, 1973 and 1981 - employment was on average 4.7% higher than the pre-recession peak. "
Elaine Chao
Average
Deepest
Three
" 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
" The borrow-spend-and-centralize agenda that has been so destructive to job creation elsewhere in America has been a gravy boat inside the Beltway. "
Elaine Chao
Creation
America
Boat
" 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
" My parents were very, very strict parents, and they were not used to this new, you know, American custom of letting your children sleep in someone else's house. "
Elaine Chao
Parents
Children
Sleep
" 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
" Confidence, capital, and credit fuel entrepreneurship and economic expansion. "
Elaine Chao
Economic
Credit
Expansion
" Taxpayers should demand that their states honestly assess public pension plans, accurately measure the assets and liabilities, and take steps to provide fair benefits to public employees that limit taxpayers' liability. "
Elaine Chao
Measure
Plans
Employees
" America's private sector job creators need elected leaders to lead and get out of the way. "
Elaine Chao
Way
Lead
Job