Explaining "A rising tide lifts all boats"

What does it mean?

The phrase "A rising tide lifts all boats" means that improvements in the general economy will benefit all participants. It suggests that when an overall situation improves, all individuals or groups involved will gain advantages.

Tone

Origin

The phrase is often attributed to U.S. President John F. Kennedy, who used it in speeches during the 1960s to promote policies that would benefit the entire nation.