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Elaine Chao Quotes

American - Politician | March 26, 1953 -

Where public pensions are concerned, many jurisdictions are running out of road.

Road Out Where Concerned Public

Taxpayers should demand that their states honestly assess public pension plans, accurately measure the assets and liabilities, and take steps to provide fair benefits to public employees that limit taxpayers' liability.

Employees Measure Plans Fair Limit

The OPPA route is nothing new. It follows the decades-old liberal agenda on trade, health care, global warming, and mass unionization. That agenda has never brought prosperity to workers.

Health Care New Prosperity Nothing

Rising energy costs kill jobs and hit America's poorest the hardest.

Energy America Rising Hardest Costs

Left-wing shareholder activists seek to leverage the mass economic power of institutional investors such as pension funds, whose managers are supposed to focus strictly on their fiduciary responsibilities to retirees.

Power Focus Leverage Seek Economic

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.

Succeed Management Process Will Cave

The Obama administration likes to say that it is 'pro-worker.' But something is amiss when its labor priorities are forcing unionization and labor contracts on American workplaces, and denying union members information on how their dues money is spent.

Money American Priorities Information

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.

Good Crisis Washington Waste Been

The Democratic Party's governing elite has long believed there is no problem that European-style policies cannot cure.

Problem Long Party Elite Cure

European-style interventions to which the Obama administration is inclined will not make America more competitive in the world-wide economy. Such policies will not increase growth, will not decrease unemployment, and will not increase wages for workers.

Growth America Will More Economy

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.

Desk President More Him Economists

Americans did not suffer alone. World trade overall fell two-thirds in the first few years of the Depression.

Alone Depression World First Years

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