"Are we interested in treating the symptoms of poverty and economic stagnation through income redistribution and class warfare, or do we want to go at the root causes of poverty and economic stagnation by promoting pro-growth policies that promote prosperity?"
- Paul Ryan
About this Quote
This quote by Paul Ryan is asking whether we need to focus on treating the signs of hardship and economic stagnancy, such as income inequality, or if we must focus on the root causes of hardship and financial stagnation. He suggests that we need to focus on promoting pro-growth policies that promote prosperity. This implies that we should focus on developing financial opportunities and encouraging financial development, rather than just redistributing wealth. This would be a more reliable way of attending to the origin of poverty and economic stagnancy, instead of simply treating the symptoms. Ultimately, Paul Ryan is suggesting that we ought to focus on creating economic chances and encouraging economic growth, rather than merely redistributing wealth.
This quote is written / told by Paul Ryan somewhere between January 29, 1970 and today. He/she was a famous Politician from USA.
The author also have 36 other quotes.
"The first panacea for a mismanaged nation is inflation of the currency; the second is war. Both bring a temporary prosperity; both bring a permanent ruin. But both are the refuge of political and economic opportunists"
"I believe that history has shape, order, and meaning; that exceptional men, as much as economic forces, produce change; and that passe abstractions like beauty, nobility, and greatness have a shifting but continuing validity"
"Now is not the time to compromise on the economy. Instead, we should be doing everything in our power to support long-term economic growth. Permanent repeal of the death tax will mean more high-quality, high-paying jobs for Americans"
"Racism is a way to gain economic advantage at the expense of others. Slavery and plantations may be gone, but racism still allows us to regard those who may keep us from financial gain as less than equals"
"As a result of the World War, this old Germany collapsed. It collapsed in its constitution, in its social order, in its economic structure. Its thinking and feeling changed"
"From this process has emerged a parallel process of translating traditional working and living values into a new political and economic power - a power increasingly based upon the strength of money and those material things money can purchase"