Famous quote by Arthur Laffer

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You know, without China there is no Wal-Mart and without Wal-Mart there is no middle class and lower class prosperity in
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"You know, without China there is no Wal-Mart and without Wal-Mart there is no middle class and lower class prosperity in the United States"

- Arthur Laffer

About this Quote

In this quote, Arthur Laffer is highlighting the significant role that China and Wal-Mart play in the economic success of the United States. He recommends that without China, Wal-Mart would not exist, and without Wal-Mart, the middle and lower classes in the US would not experience the level of prosperity that they currently do. This declaration highlights the interconnectedness of international economies and the impact that international trade has on domestic markets. It also highlights the importance of large corporations, like Wal-Mart, in supplying economical items and producing tasks for the middle and lower classes. Overall, Laffer's quote highlights the significance of global partnerships and the role of corporations in driving economic development and success.

About the Author

Arthur Laffer This quote is written / told by Arthur Laffer somewhere between August 14, 1940 and today. He was a famous Economist from USA. The author also have 21 other quotes.

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