A Rising Tide Lifts All Boats
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A Rising Tide Lifts All Boats
"A rising tide lifts all boats" is an aphorism associated with the idea that an improved economy will benefit all participants and that economic policy, particularly government economic policy, should therefore focus on broad economic efforts. Origins The phrase is commonly attributed to John F. Kennedy, who used it in a 1963 speech to combat criticisms that a dam project he was inaugurating was a pork barrel project.. However, in his 2009 memoir ''Counselor: A Life At The Edge Of History'', Kennedy's speechwriter, Ted Sorensen, revealed that the phrase was not one of his or the President's own fashioning. It was in Sorensen's first year working for him, during Kennedy's tenure in the Senate, while Sorensen was trying to tackle economic problems in New England, that he happened upon the phrase. He wrote that he noticed that "the regional chamber of commerce, the New England Council, had a thoughtful slogan: 'A rising tide lifts all the boats.'" From then on, Kennedy would borrow ...
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Aphorism
An aphorism (from Greek ἀφορισμός: ''aphorismos'', denoting 'delimitation', 'distinction', and 'definition') is a concise, terse, laconic, or memorable expression of a general truth or principle. Aphorisms are often handed down by tradition from generation to generation. The concept is generally distinct from those of an adage, brocard, chiasmus, epigram, maxim (legal or philosophical), principle, proverb, and saying; although some of these concepts may be construed as types of aphorism. Often, aphorisms are distinguished from other short sayings by the need for interpretation to make sense of them. In ''A Theory of the Aphorism'', Andrew Hui defined an aphorism as "a short saying that requires interpretation." History The word was first used in the '' Aphorisms'' of Hippocrates, a long series of propositions concerning the symptoms and diagnosis of disease and the art of healing and medicine. The often cited first sentence of this work is: "" - "life is shor ...
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Robert Rubin
Robert Edward Rubin (born August 29, 1938) is an American retired banking executive, lawyer, and former government official. He served as the 70th United States Secretary of the Treasury during the Clinton administration. Before his government service, he spent 26 years at Goldman Sachs, eventually serving as a member of the board and co-chairman from 1990 to 1992. Rubin is credited as a major force behind Clinton-era economic prosperity, including the 1993 Deficit Reduction Act and Balanced Budget Act of 1997. However, critics of Rubin have since argued that the bank-friendly policies he supported contributed to the financial crisis of 2007–2008. As of 2022, Rubin is active in several organizations, including as a co-founder of The Hamilton Project, as co-chair emeritus of the Council on Foreign Relations, and as a senior counselor at Centerview Partners. Early life and education Rubin was born on August 29, 1938, in New York City to Jewish parents Sylvia (née Seiderman) a ...
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Speeches By John F
This list of speeches includes those that have gained notability in English or in English translation. The earliest listings may be approximate dates. Before the 1st century *c.570 BC : Gautama Buddha gives his first Dhammacakkappavattana Sutta, sermon at Sarnath *431 BC: Pericles' Funeral Oration, Funeral Oration by the Greek statesman Pericles, significant because it departed from the typical formula of Athenian funeral speeches and was a glorification of Athens' achievements, designed to stir the spirits of a nation at war. *399 BC: Apology (Plato), The Apology of Socrates, Plato's version of the speech given by the philosopher Socrates, defending himself against charges of being a man "who corrupted the young, refused to worship the gods, and created new deities." *330 BC: On the Crown by the Greek orator Demosthenes, which illustrated the last great phase of political life in Athens. *63 BC: Catiline Orations, given by Marcus Tullius Cicero, the consul of Rome, exposing ...
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1963 Neologisms
Events January * January 1 – Bogle–Chandler case: Commonwealth Scientific and Industrial Research Organisation scientist Dr. Gilbert Bogle and Mrs. Margaret Chandler are found dead (presumed poisoned), in bushland near the Lane Cove River, Sydney, Australia. * January 2 – Vietnam War – Battle of Ap Bac: The Viet Cong win their first major victory. * January 9 – A total penumbral lunar eclipse is visible in the Americas, Europe, Africa, and Asia, and is the 56th lunar eclipse of Lunar Saros 114. Gamma has a value of −1.01282. It occurs on the night between Wednesday, January 9 and Thursday, January 10, 1963. * January 13 – 1963 Togolese coup d'état: A military coup in Togo results in the installation of coup leader Emmanuel Bodjollé as president. * January 17 – A last quarter moon occurs between the penumbral lunar eclipse and the annular solar eclipse, only 12 hours, 29 minutes after apogee. * January 19 – Soviet spy Ghe ...
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Political Catchphrases
Politics (from , ) is the set of activities that are associated with making decisions in groups, or other forms of power relations among individuals, such as the distribution of resources or status. The branch of social science that studies politics and government is referred to as political science. It may be used positively in the context of a "political solution" which is compromising and nonviolent, or descriptively as "the art or science of government", but also often carries a negative connotation.. The concept has been defined in various ways, and different approaches have fundamentally differing views on whether it should be used extensively or limitedly, empirically or normatively, and on whether conflict or co-operation is more essential to it. A variety of methods are deployed in politics, which include promoting one's own political views among people, negotiation with other political subjects, making laws, and exercising internal and external force, including wa ...
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Economics Catchphrases
Economics () is the social science that studies the production, distribution, and consumption of goods and services. Economics focuses on the behaviour and interactions of economic agents and how economies work. Microeconomics analyzes what's viewed as basic elements in the economy, including individual agents and markets, their interactions, and the outcomes of interactions. Individual agents may include, for example, households, firms, buyers, and sellers. Macroeconomics analyzes the economy as a system where production, consumption, saving, and investment interact, and factors affecting it: employment of the resources of labour, capital, and land, currency inflation, economic growth, and public policies that have impact on glossary of economics, these elements. Other broad distinctions within economics include those between positive economics, describing "what is", and normative economics, advocating "what ought to be"; between economic theory and applied economics; ...
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English Phrases
English usually refers to: * English language * English people English may also refer to: Peoples, culture, and language * ''English'', an adjective for something of, from, or related to England ** English national identity, an identity and common culture ** English language in England, a variant of the English language spoken in England * English languages (other) * English studies, the study of English language and literature * ''English'', an Amish term for non-Amish, regardless of ethnicity Individuals * English (surname), a list of notable people with the surname ''English'' * People with the given name ** English McConnell (1882–1928), Irish footballer ** English Fisher (1928–2011), American boxing coach ** English Gardner (b. 1992), American track and field sprinter Places United States * English, Indiana, a town * English, Kentucky, an unincorporated community * English, Brazoria County, Texas, an unincorporated community * Engli ...
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Supply-side Economics
Supply-side economics is a macroeconomic theory that postulates economic growth can be most effectively fostered by lowering taxes, decreasing regulation, and allowing free trade. According to supply-side economics, consumers will benefit from greater supplies of goods and services at lower prices, and employment will increase. Supply-side fiscal policies are designed to increase aggregate supply, as opposed to aggregate demand, thereby expanding output and employment while lowering prices. Such policies are of several general varieties: #Investments in human capital, such as education, healthcare, and encouraging the transfer of technologies and business processes, to improve productivity (output per worker). Encouraging globalized free trade via containerization is a major recent example. #Tax reduction, to provide incentives to work, invest and take risks. Lowering income tax rates and eliminating or lowering tariffs are examples of such policies. #Investments in new capit ...
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Grow The Pie (phrase)
"Growing the pie" is an expression used in macroeconomics to refer to the assertion that growing the economy of a nation as a whole creates more availability of wealth and work opportunities than does redistribution of wealth. Summary Growing the pie could be called "more for everyone." This is as opposed to centrally controlled economic theory, where some give up some of their slice of the pie, that others might have more. Growing the Pie refers to a theory that free market economics grow the size of every slice, and thus raises the standard of living for all participants. This theory proposes that growing the pie is better than redistribution of pie through a centrally controlled economy. Growing the pie is related to the concept of economic liberalism. Economic Liberalism was first fully formulated by Adam Smith, who advocated minimal interference of government in a market economy, as opposed to Keynesian and centrally planned economic views which support taxing and de ...
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David Parker (New Zealand Politician)
David William Parker (born 1960) is a New Zealand Labour Party politician who currently serves as Attorney-General, Minister for the Environment, Minister of Oceans and Fisheries, Minister of Revenue and Associate Minister of Finance in the Sixth Labour Government. He previously served as a Cabinet Minister in the Fifth Labour Government and as interim Leader of the Labour Party from September to November 2014. He represented the Otago electorate at the 47th Parliament and has since served as a list MP. Before politics David Parker was born in Roxburgh and grew up in Dunedin. As a teenager, Parker attended Otago Boys' High School. He attended the University of Otago, studying law and business, and co-founded the Dunedin Community Law Centre. Before entering politics, Parker worked as a litigation partner in the law firm Anderson Lloyd Caudwell. He later had a business career in the agri-biotechnology field, including with Blis Technologies, where he was a manager. Memb ...
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Ed Miliband
Edward Samuel "Ed" Miliband (born 24 December 1969) is a British politician serving as Shadow Secretary of State for Climate Change and Net Zero since 2021. He has been the Member of Parliament (MP) for Doncaster North since 2005. Miliband was Leader of the Labour Party and Leader of the Opposition between 2010 and 2015, resigning after Labour's defeat at the 2015 general election. Alongside his brother, Foreign Secretary David Miliband, he served in the Cabinet from 2007 to 2010 under Prime Minister Gordon Brown. Miliband was born in the Fitzrovia district of Central London to Polish Jewish immigrants Marion Kozak and Ralph Miliband, a Marxist intellectual and native of Brussels who fled Belgium during World War II. He graduated from Corpus Christi College, Oxford and later from the London School of Economics. Miliband became first a television journalist, then a Labour Party researcher and a visiting scholar at Harvard University, before rising to become one of Chancel ...
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Bill Clinton
William Jefferson Clinton ( né Blythe III; born August 19, 1946) is an American politician who served as the 42nd president of the United States from 1993 to 2001. He previously served as governor of Arkansas from 1979 to 1981 and again from 1983 to 1992, and as attorney general of Arkansas from 1977 to 1979. A member of the Democratic Party, Clinton became known as a New Democrat, as many of his policies reflected a centrist "Third Way" political philosophy. He is the husband of Hillary Clinton, who was a senator from New York from 2001 to 2009, secretary of state from 2009 to 2013 and the Democratic nominee for president in the 2016 presidential election. Clinton was born and raised in Arkansas and attended Georgetown University. He received a Rhodes Scholarship to study at University College, Oxford and later graduated from Yale Law School. He met Hillary Rodham at Yale; they married in 1975. After graduating from law school, Clinton returned to Arkansas ...
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