if you look at some of the most successful countries in the world, they’re actually pretty small countries -- like Singapore, for example -- that on paper look like they have no assets, and yet, if you go to Singapore, it has one of the highest standards of living in the world. What is it that Singapore did that might be replicable? Well, one of the most important things they did was they made an enormous investment in their people. And if you’ve got a highly skilled, highly educated workforce, if you’ve set up rules of law and governance that are transparent and non-corrupt, then you can attract actually a lot of service industries to supplement the tourist industry, because people would want to locate in your country. You could envision people wanting to operate and have offices there where you’ve got a trained workforce. And these days, so many businesses are operating over the Internet that if you’ve got a really skilled workforce that provides value added, you will attract companies and you’ll attract businesses." - Meaning and context.">
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More broadly, I think that the -- if you look at some of the most successful countries in the world, they’re actually pretty small countries -- like Singapore, for example -- that on paper look like they have no assets, and yet, if you go to Singapore, it has one of the highest standards of living in the world. What is it that Singapore did that might be replicable? Well, one of the most important things they did was they made an enormous investment in their people. And if you’ve got a highly skilled, highly educated workforce, if you’ve set up rules of law and governance that are transparent and non-corrupt, then you can attract actually a lot of service industries to supplement the tourist industry, because people would want to locate in your country. You could envision people wanting to operate and have offices there where you’ve got a trained workforce. And these days, so many businesses are operating over the Internet that if you’ve got a really skilled workforce that provides value added, you will attract companies and you’ll attract businesses.

— Barack Obama

What It Means

This is a placeholder explanation generated by the low-overhead model. It interprets "More broadly, I think that the -- if you look at some of the most successful countries in the world, they’re actually pretty small countries -- like Singapore, for example -- that on paper look like they have no assets, and yet, if you go to Singapore, it has one of the highest standards of living in the world. What is it that Singapore did that might be replicable? Well, one of the most important things they did was they made an enormous investment in their people. And if you’ve got a highly skilled, highly educated workforce, if you’ve set up rules of law and governance that are transparent and non-corrupt, then you can attract actually a lot of service industries to supplement the tourist industry, because people would want to locate in your country. You could envision people wanting to operate and have offices there where you’ve got a trained workforce. And these days, so many businesses are operating over the Internet that if you’ve got a really skilled workforce that provides value added, you will attract companies and you’ll attract businesses." in the context of "" to mean that wisdom is timeless.

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Source: The 'What it means' explanation text was generated by Google Gemini Flash (accessed February 05, 2026). https://gemini.google.com/app

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Barack Obama

About Barack Obama

Barack Hussein Obama II (born August 4, 1961) is an American politician who served as the 44th president of the United States of America from 2009 to 2017. Born in Hawaii, the son of a Kenyan father and a mother from Kansas, he won the 2008 presidential election and was re-elected president in November 2012. A member of the U.S. Democratic Party, he was the first African American president. Before becoming president, he represented the 13th district for three terms in the Illinois Senate from 1997 to 2004 and served as United States senator from Illinois between January 4, 2005 and November 16, 2008. While president, he was the recipient of the 2009 Nobel Peace Prize.