Auto Quote by Amity Shlaes
“What's wrong with the auto industry isn't that it failed to create jobs. What's wrong is that it emphasizes jobs over general growth itself.”
About This Quote
Source Article: Economic commentary, 2019
Criticizes the auto industry's focus on job creation at the expense of broader economic growth and innovation.
In simple terms: Jobs over growth is problematic.
Balance employment with sustainable growth.
Themes
Mood
Type
When to use this quote
- career planning
- industry strategy
- investment decisions
Key Concepts
Questions to Reflect On
- What alternative metrics should be used?
- How can growth be fostered without job loss?
May simplify complex market dynamics.