QuoteProject
You know, I think of the global economy as an inverted triangle, resting on the shoulders of the American consumer. And if the American consumer cannot have enough disposable income in order to maintain a standard of living that creates more opportunities generation after generation, that's bad for everybody.
Hillary Clinton
ShareWTF𝕏

Interpretation

What this quote means

The American consumer is crucial to the global economy, and their financial health impacts everyone.

Hillary Clinton's quote illustrates the essential role of the American consumer in the global economy, equating their purchasing power to an inverted triangle. If consumers lack disposable income to sustain their living standards, it does not just harm them but also has far-reaching negative consequences for the global economy and future generations.

Themes

EconomyConsumerDisposable IncomeOpportunityLiving Standards

In practice

Example use cases

In a discussion about economic policies at a community meeting.

More from Hillary Clinton

It's important to underscore this overriding fact: women are not just victims of conflict-they are agents of peace and agents of change.
Hillary ClintonRead
The worst thing that can happen in a democracy - as well as in an individual's life - is to become cynical about the future and lose hope.
Hillary ClintonRead
First, we parents have to back up school authority and quit making excuses for our kids when they misbehave.
Hillary ClintonRead
The first lesson I've learned is that no matter what you do in your life, you have to figure out your own internal rhythms - I mean, what works for you doesn't necessarily work for your friend.
Hillary ClintonRead
I feel like every day, every minute I have to make the most of.
Hillary ClintonRead
It does not matter what country we live in, who our leaders are, or even who we are. Because we are human, we therefore have rights. And because we have rights, governments are bound to protect them.
Hillary ClintonRead

Similar quotes

The black market was a way of getting around government controls. It was a way of enabling the free market to work. It was a way of opening up, enabling people.
Milton FriedmanRead
There is no doubt that as an economy grows in a great way like India has, that you have to step back and change your tax systems, because you start to get more disparities of wealth.
Bill GatesRead
If we wait until income inequality is much more severe, we will have a whole class of new superrich who will probably feel entitled to their wealth and will have the means to defend their interest. That's already gone far enough. We shouldn't let it become more extreme.
Robert J. ShillerRead
The great thing about fiscal policy is that it has a direct impact and doesn't require you to bind the hands of future policymakers.
Paul KrugmanRead
Investing in women is smart economics, and investing in girls, catching them upstream, is even smarter economics.
Ngozi Okonjo-IwealaRead
I am in favor of high wages and agree that the higher the wages, the stronger the evidence of prosperity, provided (and that is the important point) they are so naturally, by the effectiveness of industry, and not in consequence of an inflated currency or any artificial regulation.
John C. CalhounRead

A little wisdom, now and then

Subscribe for the occasional hand-picked quote. No noise.