Companies that grow create wealth. This, in turn, allows people to have jobs that create more growth and more wealth. It's a virtuous cycle.
Sentiment: POSITIVE
If you look historically, what creates growth and wealth is innovation and investment, and increase in scale - more customers.
Businesses must invest in products and people in order to create new wealth.
Economic growth creates jobs, and countries grow when they educate their people and pursue policies that encourage households to save, existing businesses to invest, and entrepreneurs to innovate and create new markets.
Growth is kinda built into everyone's genes. It's built into management's genes, the salesman's genes, the investors' desires. People expect companies to grow.
Prosperity comes from the private sector.
And innovation and entrepreneurship is the opportunity and best opportunity we have to grow the economy.
The key thing about wealth in a capitalist economy is that it reproduces itself and usually earns a positive net return.
The job creators are members of America's vast middle class and the poor, whose purchases cause businesses to expand and invest.
Companies that grow for the sake of growth or that expand into areas outside their core business strategy often stumble. On the other hand, companies that build scale for the benefit of their customers and shareholders more often succeed over time.
It's not enough to have economic growth. You have to distribute wealth throughout all of society.
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