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Industry Quotes

“The people of the United States don't recognize it, but the oil industry has given the greatest gift to the people of the nation, and that gift is the low cost of energy. Bottom line is this enables the country to be very competitive manufacturing-wise and in the world economy.”

“The foundation is being laid for the emergence of both wind and solar cells as cornerstones of the new energy economy. World wind generating capacity grew from 7,600 megawatts in 1997 to 9,600 in 1998, an expansion of 26 percent. At a national level, Germany led the way, adding 790 megawatts of capacity, followed by Spain with 380 megawatts, and the United States with 226 megawatts. In the past, U.S. wind generating capacity was concentrated in California, but in 1998, wind farms began generating electricity in Minnesota, Oregon, and Wyoming, broadening the new industry's geographical base.”

“Our Republic is not a pastoral, not a military, not an agricultural, not a nomadic, not a clerical, but a business civilization. Nor is there anything random, casual or accidental about the United States as a business society. It is thoroughly well integrated - organized from top to bottom for the maximum efficiency of commerce and industry, for the maximum efficiency of making money.”

“One of the most striking developments has been the rise, fall and rise again of the semiconductor industry of the United States, which is, once again, the dominant player in the most advanced semiconductor product-markets.”

“During the first World War women in the United States had a chance to try their capacities in wider fields of executive leadershipin industry. Must we always wait for war to give us opportunity? And must the pendulum always swing back in the busy world of work and workers during times of peace?”

“The conference also has a moral duty to examine the corruption of science that can be caused by massive amounts of money. The United States has disbursed tens of billions of dollars to climate scientists who would not have received those funds had their research shown climate change to be beneficial or even modest in its effects. Are these scientists being tempted by money? And are the very, very few climate scientists whose research is supported by industry somehow less virtuous?”

“The lack of quality dance music and the fact that here in the United States, house music is not seen as anything viable by the music industry. I figured that this might be another shot at the industry looking at the possibilities of house music and giving it a little bit more legitimacy than what they give it. It's a host of different things, but it's something that I needed to say musically.”

“Let's take energy, for instance. I understand that in some industries, the input cost of energy is a major factor in whether an industry is going to locate in the United States or go elsewhere. So, when, at Bain Capital, we started a new steel company called Steel Dynamics in Indiana, the cost of energy was a very important factor to the success of that enterprise.”

“One of the reasons why this country undertook military action in Iraq was that there are quite a few problems here, and perhaps attention needed to be deflected from those problems. It sometimes seems that the U.S. economy works successfully only if it gets a stimulus from the defense industry. So perhaps in addition to showing the power and the might of the United States internationally, another reason was to help the defense industry and to help the U.S. economy recover.”

“The rage building up, generation after generation, among what has become a permanent underclass in many parts of the world cannot continue. We are desperately undereducating our children. In the United States, we are turning prison-building into the single largest urban industry. These are like toxic chemical factors any one of which could cause a raging fire. God help us if they begin to interact.”