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Wilbur Ross Quotes: If you want to do something to destroy consumer spending, just eat away at the middle class because the other problem we have is the structural problem of middle class America.
         

If you want to do something to destroy consumer spending, just eat away at the middle class because the other problem we have is the structural problem of middle class America.


Wilbur Ross
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Other quotes of Wilbur Ross


Banking, I would argue, is the most heavily regulated industry in the world. Regulations don't solve things. Supervision solves things.

Banking, I would argue, is the most heavily regulated industry in the world. Regulations don't solve things. Supervision solves things.



You cannot just keep borrowing more and more and keep spending more and more without eventually having a day of reckoning.

You cannot just keep borrowing more and more and keep spending more and more without eventually having a day of reckoning.



Shale gas, if left to flourish, could create several hundred thousand more jobs.

Shale gas, if left to flourish, could create several hundred thousand more jobs.



I see myself as a private-equity investor that helps rebuild companies. Restructuring is a cottage industry in that there aren't that many serious practitioners.

I see myself as a private-equity investor that helps rebuild companies. Restructuring is a cottage industry in that there aren't that many serious practitioners.



Ships are a strange kind of commodity because they're very lumpy, very big individual units, but they're commodities.

Ships are a strange kind of commodity because they're very lumpy, very big individual units, but they're commodities.



I'm pro-trade, but I'm pro-sensible trade, not pro-trade that is to the disadvantage of the American worker.

I'm pro-trade, but I'm pro-sensible trade, not pro-trade that is to the disadvantage of the American worker.



I think what we have to do is figure out how to make sure we get the benefits of improved technology and yet cope with the dislocation that it will inevitably produce in certain industries.

I think what we have to do is figure out how to make sure we get the benefits of improved technology and yet cope with the dislocation that it will inevitably produce in certain industries.





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Quote Description


This page presents the quote "If you want to do something to destroy consumer spending, just eat away at the middle class because the other problem we have is the structural problem of middle class America.". Author of this quote is Wilbur Ross. This quote is about class, spending, problem, america, middle class,.