A Quote by David Malpass

While Washington pays lip service to the challenges facing small businesses, it repeatedly chooses its own expansion over results. In effect, government has become a huge silent partner in all businesses, often taking a majority of the profits and forcing many unprofitable business decisions without the risk that it will be fired.

David Malpass

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Become Business Business Decisions Businesses Challenges Chooses Decisions Effect Expansion Facing Fired Forcing Government Huge Lip Lip Service Majority Many Often Over Own Partner Pays Profitable Business Profits Repeatedly Results Risk Service Silent Small Small Business Small Businesses Taking Washington While Will Without

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David Malpass
American - Economist
Born: March 8, 1956

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.

Bill Richardson

Business creates jobs; government does not. Government creates a whole slew of jobs each time a new program or scheme is implemented, but always at the expense of the taxpayer. Small businesses invest in new businesses, which results in more jobs.

Ralph Norman

The Business Profits Tax, which is imposed on in-state businesses, we need to impose the same thing on out-of-state businesses, because the way the Business Profits Tax is calculated, it is highly dependent on how much sales and profits are generated in-state.

Craig Benson

Many small businesses rely on small financial institutions, like credit unions and community banks, to meet their capital requirements. Without them, these small businesses would have to close their doors.

Sam Graves

We in Congress need to do everything possible to encourage and cultivate small businesses, so that they can expand and create jobs. Far too often, however, U.S. small businesses are impeded by government paperwork and bureaucratic red tape.

Kay Hagan

In one month, the Small Business Administration does $1 billion of loans and guarantees for businesses; many of those are women-owned businesses.

Sylvia Mathews Burwell

The global economy is facing unprecedented challenges with the outbreak of Covid-19. Businesses large and small across our country are also responding to these challenges.

Alok Sharma

It's actually a pretty basic concept: when businesses feel secure and confident, they are more likely to grow, hire, and invest. Conversely, when the economy is unstable, businesses often become much more risk averse, and in many cases, they're forced to make undesirable cuts that affect their bottom line.

Alan Patricof

Congress can protect small businesses by providing effective oversight over SBA policies and make sure they take into account the needs of small businesses while also protecting taxpayer dollars. Congress also needs to make sure that new banking regulations do not make it more costly for community banks to lend to small businesses.

Sam Graves

We regard using [a stock's] volatility as a measure of risk is nuts. Risk to us is 1) the risk of permanent loss of capital, or 2) the risk of inadequate return. Some great businesses have very volatile returns - for example, See's [a candy company owned by Berkshire] usually loses money in two quarters of each year - and some terrible businesses can have steady results.

Charlie Munger

My approach to public service is straightforward: I fight every day for New Jersey families, small businesses, veterans, and seniors and work to change the way business is done in Washington.

Rodney Frelinghuysen

As I've traveled around the country, it has surprised me how many times I've heard people in small businesses use that word 'saved.' I believe many small businesses would not have had access to credit and would not have survived without the $50 billion that we were able to put into the market.

Karen Mills

As a former small business owner, I recognize both the important role small businesses play in our economy and the broad universe of challenges that small business owners face in trying to make ends meet.

Sue Kelly

The government's Small Business Administration reports that small businesses represent 99% of all employers in the U.S. and are responsible for generating well over half of new jobs created.

Ellen Tauscher

And what's interesting, and I don't think a lot of Americans understand this fact, is that, one, most new jobs are created by small businesses; two, most small businesses pay tax at the individual income tax, or many small businesses pay tax there.

George W. Bush

People's mouse clicks decide what businesses, services, and content succeed. Users have equal access to tiny businesses with viral ideas and blue-chip companies, allowing these enterprises to compete on their own merits. It's how so many small start-ups have been able to become Internet success stories.

Chellie Pingree

A Quote by David Malpass

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