Elaine Chao : (4) " As I looked up at the Statue of Liberty, I thought at that time, ‘What a wonderful country.’ " - Elaine Chao " America needs a new approach to boost the economy – one that does not doom future generations to being saddled with paying off today’s federal deficits. " - Elaine Chao " Perhaps the original layaway angel knew from experience, or simply deduced, that people resorting to the old-fashioned installment method of layaway may be struggling financially. " - Elaine Chao " When the Smoot-Hawley bill landed on President Herbert Hoover’s desk, more than 1,000 economists urged him to veto it. Tragically, the president ignored their pleas. " - Elaine Chao