QuoteProject
You know, I think of the global economy as an inverted triangle, resting on the shoulders of the American consumer. And if the American consumer cannot have enough disposable income in order to maintain a standard of living that creates more opportunities generation after generation, that's bad for everybody.
Hillary Clinton
ShareWTF𝕏

Interpretation

What this quote means

The American consumer is crucial to the global economy, and their financial health impacts everyone.

Hillary Clinton's quote illustrates the essential role of the American consumer in the global economy, equating their purchasing power to an inverted triangle. If consumers lack disposable income to sustain their living standards, it does not just harm them but also has far-reaching negative consequences for the global economy and future generations.

Themes

EconomyConsumerDisposable IncomeOpportunityLiving Standards

In practice

Example use cases

In a discussion about economic policies at a community meeting.

More from Hillary Clinton

It's important to underscore this overriding fact: women are not just victims of conflict-they are agents of peace and agents of change.
Hillary ClintonRead
The worst thing that can happen in a democracy - as well as in an individual's life - is to become cynical about the future and lose hope.
Hillary ClintonRead
First, we parents have to back up school authority and quit making excuses for our kids when they misbehave.
Hillary ClintonRead
The first lesson I've learned is that no matter what you do in your life, you have to figure out your own internal rhythms - I mean, what works for you doesn't necessarily work for your friend.
Hillary ClintonRead
I feel like every day, every minute I have to make the most of.
Hillary ClintonRead
It does not matter what country we live in, who our leaders are, or even who we are. Because we are human, we therefore have rights. And because we have rights, governments are bound to protect them.
Hillary ClintonRead

Similar quotes

Customers often value a good more when its price goes up. One reason may be its signaling value. An expensive handcrafted mechanical watch may tell time no more accurately than a cheap quartz model; but, because few people can afford one, buying it signals that the owner is rich.
Raghuram RajanRead
No matter how the financial system is set up, no matter what the economic system is, as long as you have people, you're going to have financial crises; you're going to have bubbles that manifest themselves in the financial system.
Henry PaulsonRead
Stopping illegal immigration would mean that wages would have to rise to a level where Americans would want the jobs currently taken by illegal aliens.
Thomas SowellRead
Today, the average Korean works a thousand hours more a year than the average German. A thousand. ... That is the end of the Great Divergence.
Niall FergusonRead
The social object of skilled investment should be to defeat the dark forces of time and ignorance which envelope our future.
John Maynard KeynesRead
Investing in women is smart economics, and investing in girls, catching them upstream, is even smarter economics.
Ngozi Okonjo-IwealaRead

A little wisdom, now and then

Subscribe for the occasional hand-picked quote. No noise.