Political Quotes

On the recordFebruary 10, 1994
jobs are the most important element of sustained growth in this economy, and the creation of high-technology jobs will help this President and this Congress achieve our economic goals. For that reason, I think it is particularly appropriate for me to commend Microsoft, one of Washington State's most important companies, and the entire software industry, for creating exactly the kind of jobs America needs to sustain growth and compete in the global economy. For a decade, the software industry has been the fastest growing industry in the Nation. Microsoft itself has grown from nothing to more than 9,000 jobs in the last 20 years, and the products it produces have sparked the rapid growth of the entire software industry, with entrepreneurs forming hundreds of new companies that, in turn, create more jobs. In world trade, these companies command their markets and produce an important balance-of-payments surplus that helps other areas of the U.S. trade deficit.
Said by
Thomas Foley
Washington

Editor's note · Context

The speaker addresses the importance of high-technology jobs and the software industry for economic growth.

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