Government has a legitimate function, but the private sector has one too, and it is superior. In other words, people are better than institutions.
Sentiment: POSITIVE
We must never forget that it is the private sector - not government - that is the engine of economic opportunity. Businesses, particularly small businesses, flourish and can provide good jobs when government acts as a productive partner.
Individuals usually do a better job than the government.
My own belief is that the way we grow the economy, create jobs, create wealth is in the private sector. The government doesn't do that.
A government is not legitimate merely because it exists.
The private sector is motivated by profit and efficiency and the US government often is not.
Good government is the outcome of private virtue.
Good government only happens when the people working in it do their jobs, and do them well.
When the private does well, there's revenue for the public sector.
I think politicians get hamstrung by the nature of politics when the private sector can really do great things.
You can't fall back on the private sector and say, 'You take care of the nation's banking system.' That's a fundamental function of the government, the Federal Reserve, the Treasury and the FDIC, etc. All of those agencies have a major role to play there.