William McKinley on Valuing Cheap
on Sunday, February 24, 2013William McKinley Money Quotation saying he assigns low value to a term that is highly valued by frugal buyers and sees it instead as a stain on the poor. William McKinley said:
“I do not prize the word cheap. It is not a word of inspiration. It is the badge of poverty, the signal of distress” — William McKinley
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In this quote, William McKinley is expressing his negative view of the concept of “cheap” or “cheapness”. He sees it not as a virtue but a badge of an undesirable state. McKinley feels that “cheap” is not a word that inspires people or makes them aspire to higher goals.
Rather, it denotes poverty, lack and distress. His implication is that for a nation to thrive, it should not aim to produce merely “cheap” goods or services, but should strive for quality, excellence and higher standards that will allow it to prosper, not merely struggle to get by.
McKinley believed focusing on cheapness as a strategy would hold a country back rather than help it progress. The quote conveys his opinion that true inspiration and success come from more noble goals than simply reducing costs at all times.
Birthday: January 29, 1843 – Death: September 14, 1901