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Many Enron employees lost 70 percent to 90 percent of their retirement assets after the company indicated that it would re-state profit reports.
Washington's parasitic approach to the private sector must change for there to be widespread, near-term and enduring prosperity and job creation.
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.
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.
Liberals are concerned about the concentration of wealth because it almost inevitably leads to a concentration of power that undermines democracy.
Bill Clinton was a great politician. Bill Clinton loved a fight. He was willing to fight. But he also wanted to be loved. He wanted to be admired.
We need to expand Social Security to prevent the looming retirement crisis, and we can do it simply by asking billionaires to pay their fair share.
Washington policymakers have to understand the adverse implications of their actions on job creation, and they must reorder some of their priorities.
The fastest growing occupation in the private sector is security guards. The fastest growing occupation in the public sector is prison guards. (1992)
We need a national infrastructure bank to rebuild our crumbling highways and water and sewer systems, thereby putting additional people back to work.
Conservatives believe the economy functions better if the rich have more money and everyone else has less. But they're wrong. It's just the opposite.
Regardless of how you interpret the facts, you have to come to the conclusion that inequality is widening in the US and in almost every other country.
Technology is changing so fast that knowledge about specifics can quickly become obsolete. That's why so much of what technicians learn is on the job.
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.
The fact of the matter is, this is a very dynamic economy we have, and in this dynamic economy, you have a lot of job gains, but you also have job loss.
To maintain their own competitiveness, workers need to attain and stay current on the qualifications needed to advance in a constantly evolving economy.
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.
The silent majority really is a liberal majority, even though the word liberal has taken a real beating over the last 20 years by radical conservatives.
I'm not one of those who thinks the only way to fix what's wrong with American education is to throw more money at it. We also need to do it much better.
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.
Detroit is really a model for how wealthier and whiter Americans escape the costs of public goods they'd otherwise share with poorer and darker Americans.
The monied interests are doing what they do best - making money. The rest of us need to do what we can do best - use our voices, our vigor, and our votes.
It's not coincidental that America's vigorous recovery in the early 1980s was led by a president who worked hard to unshackle growth in the private sector.
A smaller government reflecting the needs of the middle class and poor is superior to a big government reflecting the needs of the privileged and powerful.
When my mother, sisters and I arrived on the shores of America when I was 8 years old, the boat on which we came, a freighter, passed the Statue of Liberty.
A leader is someone who steps back from the entire system and tries to build a more collaborative, more innovative system that will work over the long term.
If leadership is about anything, it's about leading. Not leading people back to where they already are, because they don't need that. They're already there.
There`s sort of a chilling effect on non-profits and the media and a lot of other places because the establishment is so powerful. That`s where the money is.
One tax dodge often used by multi-national companies is to squirrel their earnings abroad in foreign subsidiaries located in countries where taxes are lower.
Community colleges are great bargains. They avoid the fancy amenities four-year liberal arts colleges need in order to lure the children of the middle class.
America has become the most unequal society among advanced countries, and rich people are now free to spend as much money on political campaigns as they wish.
Education is not the only answer and it's certainly not the immediate solution. At best, it's a necessary, but not sufficient response to widening inequality.
Outside of Washington, D.C., most Americans aren't concerned with doing things 'big.' They're looking for less government spending, lower taxes, and good jobs.
I think the big problem is you have a vicious cycle of wealth and power in America that`s just gotten completely out of control and you`ve seen it in politics.
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.
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.
The rich would do better with a smaller share of a rapidly growing economy then they're doing now with a large share of an economy that is barely growing at all.
Nations are becoming less relevant in a world where everyone and everything is interconnected. The connections that matter most are again becoming more personal.
We have had actually a decline in government service overall, but the growth is in high-tech areas, specialty areas in the Labor Department and other departments.
Rather than subsidize 'American' exporters, it makes more sense to subsidize any global company - to the extent it's adding to its exports from the United States.
As tough as it is for many college graduates to get their planned careers on track, it could be worse: They could be trying to find a job without a college degree.
When I was a kid, the bigger boys would pick on me. So I got an idea that I would make alliances with older boys, like just one or two, who would be my protectors.
The Obama administration's zeal to not 'waste a good crisis,' as Secretary of State Hillary Clinton put it, has been stunning even for Washington insiders to behold.
Though the National Bureau of Economic Research deemed the recession to have ended in June 2009, to most Americans, that conclusion seems not to square with reality.
We need long-term tax reform that promotes private sector job creation. And legislated mandates that kill jobs by raising the cost of payrolls need to be eliminated.
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.
Bill Clinton was a very, very good speaker. But like many people who are great speakers and great thinkers and have a lot of energy and ambition, he talked too much.
The only way back toward a democracy and economy that work for the majority is for most of us to get politically active once again, becoming organized and mobilized.
A Democratic president should propose a major permanent tax reduction on the middle class and working class. I suspect most of the public would find this attractive.
Harvard, Yale, Princeton, and the rest of the Ivy League are worthy institutions, to be sure, but they're not known for educating large numbers of poor young people.