Barack Obama Quotes About Economic Growth
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I think what is true is that there's been an underlying division in the United States. Some of it has to do with the fact that economic growth and recovery tends to be stronger in the cities and in urban areas. In some rural areas, particularly those that were reliant on manufacturing, there has been weaker growth, stagnation, people feeling as if their children won't do as well as they will.
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What you have to do is to look at what's going to keep our economic growth going, what's going to make sure jobs are being created.
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It is our generation's task, then, to reignite the true engine of America's economic growth - a rising, thriving middle class.
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Our relationship with the European Union, which has done so much to promote stability, stimulate economic growth, and foster the spread of democratic values and ideals across the continent and beyond.
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When you've got a economy in which 40 percent of economic growth is happening in the financial sector, that turns out that was all an illusion, that it wasn't growth based on real products and services, but just a bunch of paper shuffling and a house of cards, then what's gonna emerge, at some point, is a sense of resentment, a sense that the system's rigged, and it's not working for ordinary people. And it's not fulfilling the basic American dream.
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We agreed that our economic and financial teams will remain in close contact as we stay focused on ensuring economic growth and financial stability.
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The old rules may say we can’t protect our environment and promote economic growth at the same time, but in America, we’ve always used new technologies - we’ve used science; we’ve used research and development and discovery to make the old rules obsolete.
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If we neglect or abandon those who are suffering in poverty ... not only are we depriving ourselves of potential opportunities for markets and economic growth, but ultimately that despair may turn to violence that turns on us.
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This kind of inequality - a level that we haven’t seen since the Great Depression - hurts us all. When middle-class families can no longer afford to buy the goods and services that businesses are selling...it drags down the entire economy from top to bottom. America was built on the idea of broad-based prosperity... That’s why a CEO like Henry Ford made it his mission to pay his workers enough so that they could buy the cars he made. It’s also why a recent study showed that countries with less inequality tend to have stronger and steadier economic growth over the long run.
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