"Continuing economic growth requires both recruitment of new companies and expansion of existing businesses"
- Phil Bredesen
About this Quote
This quote by Phil Bredesen highlights the importance of both hiring brand-new business and expanding existing companies in order to make sure financial development. It recommends that economic growth is not possible without the presence of both brand-new and current businesses. Brand-new business bring fresh concepts and brand-new perspectives to the market, while existing services have the benefit of experience and established customer bases. Both are necessary for economic growth, as they supply different advantages and opportunities. By hiring brand-new business and broadening existing services, the economy can gain from the advantages of both. This quote highlights the importance of both new and existing services in order for the economy to continue to grow.
This quote is written / told by Phil Bredesen somewhere between November 21, 1943 and today. He/she was a famous Politician from USA.
The author also have 7 other quotes.
"States get to improve transportation infrastructure; that creates economic development, puts people back to work and, most important, enhances safety and improves local communities"
"It's not just the effect of technology on the environment, on religion, on the economic structure, on society, on politics, etc. It's that everything now exists in technology to the point where technology is the new and comprehensive host of nature of life"
"Our people can draw on the tremendous strides made in recent years, not only in terms of advancing themselves spiritually and materially, but also in having weathered social and economic turbulence, triggered, in the main, by factors not of their own creation"
"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"
"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"
"But while they prate of economic laws, men and women are starving. We must lay hold of the fact that economic laws are not made by nature. They are made by human beings"
"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"
