It turns out that advancing equal opportunity and economic empowerment is both morally right and good economics. Why? Because discrimination, poverty and ignorance restrict growth. We know that investments in education, infrastructure and scientific and technological research increase growth. They increase good jobs, and they create new wealth for all of us.
Interpretation
Promoting equality and education is beneficial for the economy and society.
This quote by William J. Clinton emphasizes the dual benefits of advancing equal opportunity and economic empowerment, suggesting that ethical imperatives align with economic prosperity. Discrimination, poverty, and ignorance are seen as barriers to growth, while investments in education, infrastructure, and scientific research are positioned as vital strategies for economic development that ultimately benefit everyone.
In practice
This quote can be used during a graduation speech to highlight the importance of education.
You know, there was a recent poll which said that young people in the generation of the students here felt it was far more likely that they would see a UFO than that they would draw Social Security... It's very important you understand this. Once you understand this, you realize this is not an episode from the X Files, and you're not more likely to see a UFO if you do certain specific things.
When we got organized as a country, [and] wrote a fairly radical Constitution, with a radical Bill of Rights, giving radical amounts of freedom to Americans, it was assumed that Americans who had that freedom would use it responsibly...When personal freedom is being abused, you have to move to limit it.
For too long we've been told about 'us' and 'them.' Each and every election we see a new slate of arguments and ads telling us that 'they' are the problem, not 'us.' But there can be no 'them' in America. There's only us.
There is a huge body of business evidence now showing that energy savings give better service at lower cost with higher profit. We have to tear down barriers to successful markets and we have to create incentives to enter them.
Demand that your government pays more attention. It's immoral that people in Africa die like flies of diseases that no one dies of in the United States. And the more disease there is, the more political unrest there will be, leading to more Darfurs, which the U.S. will have to pay to fix.
I was not elected to produce a pile of vetoes.
In order to deal with all the medical cost demands and other challenges in the U.S., as we look to raise that revenue, the rich will have to pay slightly more. That's quite clear.
It is not from the benevolence of the butcher, the brewer, or the baker that we expect our dinner, but from their regard to their own interest.
Debt is a social and ideological construct, not a simple economic fact.
When people begin anticipating inflation, it doesn't do you any good anymore, because any benefit of inflation comes from the fact that you do better than you thought you were going to do.
Economy consists in a due and proper application of the means afforded according to the ability of the employer and the situation chosen; care being taken that the expenditure is prudently conducted.
I agree that income disparity is the great issue of our time. It is even broader and more difficult than the civil rights issues of the 1960s. The '99 percent' is not just a slogan. The disparity in income has left the middle class with lowered, not rising, income, and the poor unable to reach the middle class.
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