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Quote by Jack Kemp

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Jack Kemp
Jack Kemp

Jack Kemp, born on July 13, 1935, and passed away on May 2, 2009, was a prominent American politician, economist, and former professional football player. He served as the United States Secretary of Housing and Urban Development and was known for his advocacy of economic liberalism and his efforts to reform housing policies in the United States. more

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“I've never been able to get it straight about what these people who are worried about the trade deficit are worried about. When they say that we're buying too much from overseas, that we're sending too many dollars overseas to get all these goods and services they got, they're saying that the American dollar is too strong and that is hurting our economy. And the result of this will be that the American dollar will get too weak, and that will hurt our economy.”

“As long as we are on firm moral ground, as long as we're caring about other people, these are legitimate worries. The minute that we start protecting our own interests in the name of these worries and saying, "Oh, we have to make sure that only Ford Motor Company manufactures cars, because we can't be sure that the cars in other countries are being made quite up to our point of view," we're economically off base, and, of course, we're moral hypocrites, too.”

“It is important to remember when reading Adam Smith or even when just thinking about Smith that the era that he lived in, we're not talking about poverty in a day when it meant not enough bedrooms for the kids, an old car, a black and white television. We're talking about a whole world where poverty meant not enough to eat.”