Government has a habit of blaming the private sector for its own failings while taking credit for advances we in fact owe to the private sector.
Sentiment: NEGATIVE
Somehow, failures in the public sector are always judged as systematic. The private sector thus exists to ride to the rescue - and their failures are only judged anomalies. A pretty nice arrangement for investors. The only people who suffer are the citizens.
The private sector is motivated by profit and efficiency and the US government often is not.
When the private does well, there's revenue for the public sector.
If you have faith in the public sector, as I do, you must be the harshest critic of corruption, waste and fraud in government.
When we get the private sector going through job creation and growth, then the governments at all level have revenues to do the things that they need to do. And that's why it's so important to get this economy moving, to get jobs created. We can't keep going on with this anemic recovery.
A world in which government is burdened by historic debt, philanthropy has limited resources, and the private sector is only interested in its own personal gain is simply unsustainable.
Some things are too important to be left to the private sector.
I believe the private sector and small businesses drive our economy, and that means the federal government should work to ensure the private sector is as robust as possible.
The private sector doesn't sit around and say - 'Well, since the president said we should do this, we should do it.'
We've got to move beyond the idea that the public and private sectors are at odds. Government has to lay the groundwork for private equity to productively invest in things like education. It's a partnership, not a battle.
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