A Quote by Henry Paulson
I was secretary of the Treasury in 2008. In that role, I had the privilege to work with many talented men and women in government and the private sector who labored to pull our nation back from the brink of disaster.
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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.
I believe that "government", as we know it today, should pull out of most things except for law enforcement and justice, national defense and foreign policy, and let the private sector, a "Grameenized private sector", a social-consciousness-driven private sector, take over their other functions.
In World War II, the government went to the private sector. The government asked the private sector for help in doing things that the government could not do. The private sector complied. That is what I am suggesting.
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.
If you look at the fact that the best chance we have for a good economy is the private sector. The government cannot create jobs. If the government could create jobs, then Communism would have worked. But didn't work. So what we have to do is allow the private sector and the entrepreneurial spirit to lead us back to a job-filled recovery.
In the Senate, I will work to shrink the size of our federal government to its core Constitutional role so the private sector can thrive.
It's always been government's role to protect the security of the nation. And cyber-attacks is a security issue, from our perspective. And it's a security issue of particular concern with respect to the nation's core critical infrastructure, the infrastructure everyone relies on, the energy sector, the telecommunications sector, the banking sector.
If I were the treasury secretary or head of the Fed, you know, I would try to scare the hell the out of the private sector and say, you better save this because you're going down with the ship.
It's just the banks who are the latest target of the American socialist left. There is a war on the entirety of the private sector. It is the private sector that employs most of you, that services most of you, that creates the economic prosperity that our nation has enjoyed - and there is a war on that private sector, and it's being waged from the Oval Office, and its foot soldiers are on Wall Street and in other cities around the country.
Al Gore's problem, in my view, is that he never liked politics. He's actually deeply uncomfortable in it but felt he had to do it because of his father. He's much more comfortable in a private sector role and has, in fact, been much more successful in a private sector role, and I admire him for that.
If you work for the federal government, the average salary is $7,000 higher than the private sector. Something's wrong with that, when you're making more money working for the government than you can working in the private sector.
To achieve the kinds of innovations needed to tackle the climate crisis, government must not shun the private sector, but rather must work closely with industry and our nation's great research universities.
Living standards in both the public and private sector have to be brought down. The private sector has to sell more abroad and consume less at home. The government sector has to get closer to just spending what it can collect in taxes.
The biggest difference between the private sector and public sector is in the private sector, there's a sense of urgency because you have customers and you have competitors. Whereas in government, one of your major objectives is to not make any really big mistakes.
The private sector is the innovation engine of our economy, and more private-sector businesses and organizations than ever are recognizing that training, promoting, and retaining women is essential to their continued competitiveness - and their bottom line.
I understand fully that jobs are created by the private sector, having been all my life in the private sector, but I don't buy the argument that the state has no role to play.
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