Felix Rohatyn Quote

"Fairness does not require the redistribution of wealth; it requires the creation of wealth, geared to an economy that can provide employment for everyone able and willing to work."

by:	Felix Rohatyn (1928- ) American investment banker known for his role in preventing the bankruptcy of New York City in the 1970s, United States Ambassador to France, long term advisor to the U.S. Democratic Party
Source:	Wall Street Journal, April 11, 1996.
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Categories:	Economics, Equality, Labor, Redistribution, Responsibility, Wealth
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When government redistributes the wealth, everyone is the poorer for it.  -- jim k, Austin,Tx      4
If only he was advising this current misguided administration.  -- J. Alllen, Arlington, Va      3
great explanation  -- Mike, Norwalk      2
Ditto  -- RBESRQ      1
Carlos Slim, the world's richest man, said that the chairity of Gates and Buffet is futile. The best thing a man can do is create wealth which gives people jobs. "Don't give a man a fish-teach him to fish!"  -- cal, lewisville, tx      6
And while we're at it, why don't we just shoot all the handicapped, both mental and physical?  -- dick, fort worth      5
dick, you keep rambling in vague generalities. What did you not understand about "employment for everyone able"? Most the handicapped, both mental and physical that I know that can not work, are willing to work, just not able. How does fairness play a part in the theft of one, for the Pavlovian trained dole of another?  -- Mike, Norwalk      5
I like this one very much, too.  -- Elizabeth, Astoria, NY      2
dick would prefer to shoot all the ones that are more productive than he and take their property. Just curious how much dick donates to charities for the handicapped... probably nothing.  -- E Archer, NYC      5
Felix Rohatyn, quotes about Wealth: Fairness does not require the redistribution of wealth; it requires the creation of wealth, geared to an economy that can provide employment for everyone able and willing to work. if they are able to work give them a job if not, help them. if they are unwilling to work screw them. and yes, I am in the process of helping a business partner build a hospital.  -- Tryhard, gilbert, AZ      5
-- Ronw13, Oregon
-- jim k, Austin      1
When employment is available to those who want to work then there is more charity freely and willingly distributed to those in need by the individuals who have employment.  -- Mary, MI      2
Who is the great arbiter that defines fairness? What is the scale that gives the weights and measures to fairness? Ultimately, fairness is a dogma of temporal religion. The first half of the quote on a stand alone basis rates a thumbs down. The second half overrides the premise of the quote with sufficient strength to garner the 5 stars.  -- Mike, Norwalk

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