Another way Quote by George W. Bush
“I worry about protectionists, which is another way of saying less competition, less trade around the world. And I view those as twins of negativity.”
About This Quote
Source Speech: Economic Policy Remarks, George W. Bush, 2002
Protectionism reduces competition and trade, leading to negative economic effects.
In simple terms: Protectionism hurts trade and competition.
Key Takeaway
Promote open markets for growth.
Themes
economics
trade
competition
Mood
critical
analytical
Type
political
economic
When to use this quote
- policy making
- business strategy
- international trade
- economic analysis
Key Concepts
globalization
market dynamics
Questions to Reflect On
- Is free trade always beneficial?
- How can we balance protection and competition?
A Different Perspective
Some argue protectionism protects local jobs and industries.
![“If you call [the synagogue] a brothel, a den of vice, the devil's refuge, Satan's fortress, a place to deprave the soul, an abyss of every conceivable disaster or whatever else you will, you are still saying less than it deserves.” quote by St. Jerome](https://sms4smile.com/quotes/img-quotes/91e/st-jerome-3227_abyss_if-you-call-the-synagogue-a-brothel-a-de_428582.jpg)
