
“[W]hen one plays for top prizes one must be prepared to pay top stakes.”
The Roman Empire (1967), p. 125
General sources
2022, June 2022, Remarks by President Biden at the Inaugural Ceremony of the Ninth Summit of the Americas
“[W]hen one plays for top prizes one must be prepared to pay top stakes.”
The Roman Empire (1967), p. 125
General sources
Presidential campaign (April 12, 2015 – 2016), First presidential debate (September 26, 2016)
Context: We've looked at your [Trump's] tax proposals. I don't see changes in the corporate tax rates or the kinds of proposals you're referring to that would cause the repatriation, bringing back of money that's stranded overseas. I happen to support that. I happen to support that in a way that will actually work to our benefit. But when I look at what you have proposed, you have what is called now the Trump loophole, because it would so advantage you and the business you do.... Trumped-up trickle-down. Trickle-down did not work. It got us into the mess we were in, in 2008 and 2009. Slashing taxes on the wealthy hasn't worked. And a lot of really smart, wealthy people know that. And they are saying, hey, we need to do more to make the contributions we should be making to rebuild the middle class. I don't think top-down works in America. I think building the middle class, investing in the middle class, making college debt-free so more young people can get their education, helping people refinance their debt from college at a lower rate. Those are the kinds of things that will really boost the economy. Broad-based, inclusive growth is what we need in America, not more advantages for people at the very top.
MTP transcript for Aug. 12, 2007 - Meet the Press - NBC News, msnbc.com http://www.msnbc.msn.com/id/20214115/page/2/,
Fourth Republican debate https://www.washingtonpost.com/news/the-fix/wp/2015/11/10/well-be-annotating-the-gop-debate-here/ (10 November 2015).
Presidential campaign (April 12, 2015 – 2016), Democratic Presidential Debate in Miami (March 9, 2016)
2013, Remarks on Economic Mobility (December 2013)
Context: So let me repeat: The combined trends of increased inequality and decreasing mobility pose a fundamental threat to the American Dream, our way of life, and what we stand for around the globe. And it is not simply a moral claim that I’m making here. There are practical consequences to rising inequality and reduced mobility. For one thing, these trends are bad for our economy. One study finds that growth is more fragile and recessions are more frequent in countries with greater inequality. And that makes sense. When families have less to spend, that means businesses have fewer customers, and households rack up greater mortgage and credit card debt; meanwhile, concentrated wealth at the top is less likely to result in the kind of broadly based consumer spending that drives our economy, and together with lax regulation, may contribute to risky speculative bubbles.
Presidential campaign (April 12, 2015 – 2016), First presidential debate (September 26, 2016)
1960s, Operating Manual for Spaceship Earth (1963)