 The people who do not get jobs are often the most vulnerable in our society, and joblessness is a terrible plight for anyone who suffers from it. |
| Trade helps bring us products cheaply, but there is no guarantee whatsoever to assume that it will allow us to replace the jobs that have been lost, and there is no mechanism under productivity that says that, either. |
| It seems to me morally a decent society will try to take some of the increased benefit and use that to alleviate the pain of the few who are bearing the cost that made it possible. |
| Real economic stimulus comes from real investment. |
| In addition to joblessness, of course, by the working of supply and demand, when you have a larger number of people unemployed, wages do not rise at the normal level, so that we had last year a drop in real wages. |
| In this time of budget cuts, we cannot forget that basic science is a building block for scientific innovation and economic growth in the information age. |
| Foreign trade clearly has been a reason why inflation has been low. |
