"Which would you rather have, capital lined up on your borders, trying to get into your country or trying to get out of your country? We are the capital magnet of this planet and we are the savior for not only people, for not only freedom, but also for capital"
- Arthur Laffer
About this Quote
This quote by Arthur Laffer talks to the power of the United States as a worldwide economic leader. He is recommending that the US is a "capital magnet" and a "savior" for both people and capital. He is asking which would be more effective: having capital trying to get into the United States or attempting to get out of the US. This suggests that the US is a preferable location for capital, and that it is a safe haven for both individuals and capital. This quote speaks with the power of the US economy and its ability to attract and retain capital. It also talks to the US's role as a global leader in offering freedom and security to people and capital. The United States is an effective financial force and a beacon of expect lots of worldwide.
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.