Government takeover

Government takeover

Cry Wolf Quotes

[T]he expansion of government’s role in the marketplace has, in many cases, impaired the performance of our economy…That the trend toward accelerating inflation has been aggravated by the expansion of government expenditure programs…and by regulatory policies that reduce productivity.

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Anthony F. Visco, Senior Vice President of the Northeast Philadelphia Chamber of Commerce

The retailing industry recognizes the need for responsible conscientious treatment of its workers. There is justifiable resentment against unnecessary further incursion of the Federal Government into business operations with the attendant danger of increased bureaucratic controls, increased interference with private business, and, most important, further regimentation of the individual.

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Statement of the American Retail Federation, at the Senate Committee on Labor and Public Welfare (Subcommittee on Labor).
08/01/1962 | Full Details | Law(s): Equal Pay Act

The conflict between government standards and market demands is increased by the rollback of petroleum prices and extension of petroleum price controls at the same time. By making gasoline cheaper, congress has encouraged consumer demand for larger cars, while at the same time imposing fuel economy standards that require stronger demand for small cars.

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Lee Iacocca, then a Ford executive, and Henry Ford II, Chicago Tribune.

[In 1981] we, as a nation, finally recognized that it is patently unfair to take more and more from a worker simply because he or she works harder, or longer, or takes more risk, or displays more innovation.

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Reagan Treasury Secretary Donald Regan’s Address to the Business Council, 1984.
01/01/1984 | Full Details | Law(s): Tax: Income