Certainly if we hope do enhance and extend whatever natural assets we were given, we must expect to make an effort, if not actually great labor.
Sentiment: POSITIVE
I think we need a very, very serious effort, primarily through tax policy to provide incentives and encouragement for people to save and invest and expand their businesses and to create more jobs. The kind of thing we did in the early Reagan years, 30 years ago. I think that's essential.
Few enterprises of great labor or hazard would be undertaken if we had not the power of magnifying the advantages we expect from them.
If borrowing and spending all this money led to more jobs than we would be at full employment already.
And that's how we build the economy of the future. An economy with more jobs and less debt, we root it in fairness. We grow it with opportunity. And we build it together.
We are now heading down a centuries-long path toward increasing the productivity of our natural capital - the resource systems upon which we depend to live - instead of our human capital.
Increased jobs are the consequence of increased trade. Increasing jobs more than output implies a fall in productivity and standards of living. That surely cannot be our goal.
Our main task is not to see that people of great wealth add to it, but that those without much money have a greater chance to earn some.
Worse there cannot be; a better, I believe, there may be, by giving energy to the capital and skill of the country to produce exports, by increasing which, alone, can we flatter ourselves with the prospect of finding employment for that part of our population now unemployed.
We already have - thanks to technology, development, skills, the efficiency of our work - enough resources to satisfy all human needs. But we don't have enough resources, and we are unlikely ever to have, to satisfy human greed.
Labor diligently to increase your property.