Quotes by Elaine Chao

Three years after the four deepest previous recessions began - in 1953, 1957, 1973 and 1981 - employment was on average 4.7% higher than the pre-recession peak.

Though the National Bureau of Economic Research deemed the recession to have ended in June 2009, to most Americans, that conclusion seems not to square with reality.

Because of these layaway angels, many children did not have to wonder why Santa skipped them in 2011.

There are many reasons to worry; the evening news is full of them.

The work of these women doesn't end when they return home from overseas, as one goal of the Peace Corps' mission is to help promote a better understanding of other cultures here in the United States.

When Peace Corps was first proposed, some in Congress assumed that only men would be volunteers.

Nan Gorman was born in Memphis, Tenn., on St. Patrick's Day. She moved to Hazard in 1929 when her father, James Hagan, a recent medical school graduate and aspiring surgeon, went to work there.

Deep in the heart of Kentucky's rugged Eastern Mountain region, there lives a woman who has fascinated and inspired me for two decades. She is known locally these days as 'Mayor Nan' - the octogenarian chief executive of Hazard and advocate for its 5,467 residents.

While conventional wisdom has traditionally sided against borrowing from retirement savings, sentiment has shifted toward borrowing from one's own assets with the realization that other forms of credit come at a much higher cost and often are not even available to borrowers with limited means and urgent needs.

Even when America's economy has been by all measures healthy and the unemployment rate low, some businesses suffer or fail and lay off workers. But nearly always, a simultaneous and even greater burst of new jobs has been created to offset the jobs lost - millions of new jobs every year.