A Quote by Martin O'Malley
We have now under President Obama's leadership had 29 months in a row of private sector job growth. That stretch of positive private sector job growth hasn't happened since 2005. We still have a long way to go, but we are moving in the right direction.
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The long term sustainable growth in job creation comes from the private sector. It is important that the Obama administration partner with the private sector and come up with the best possible ideas for creating jobs.
Republican leaders have made clear they have no plans to use the power of government to stimulate the economy, invest in job creation and spur job growth. The Fed's plan is to give banks more money to finance the private sector job creation. But banks have ample cash now; they aren't lending, and the private sector is not creating the jobs. That is why we have 15 million people unemployed.
Now, thanks to President [Barack] Obama and the policies of Democrats when we have been able to achieve 73 straight months of sustained growth in the private sector. The longest it has been in American history.
I think we should, as the public sector or politicians, stop creating an illusion that it is the public sector that drives growth and jobs. It is not. It is the private sector that does it. There is no growth without entrepreneurship.
While some people simply want to villainize the private sector, the fact is that the private sector drives jobs growth; we need to channel the energy and innovation of employers to generate opportunities for the entire labor market.
The government doesn't run the economy. The economy is run by the private sector. The job of the president is to ensure we [the state] have policies that allow the private sector to grow and prosper.
You balance the budget by restraining the growth of government and encouraging the growth of the private sector.
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.
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.
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.
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.
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.
What outsourcing causes - what it's caused by, rather. I understand, for instance, how to read a balance sheet. I happen to believe that having been in the private sector for twenty-five years gives me a perspective on how jobs are created - that someone who's never spent a day in the private sector, like President Obama, simply doesn't understand.
It's not coincidental that America's vigorous recovery in the early 1980s was led by a president who worked hard to unshackle growth in the private sector.
The country doesn't owe you anything because you're an American or especially because you have a college degree. Now, if you think... If you are a college student and you've got a degree and you're out there and you can't find a job and if you think - if you agree with Obama that the Bush tax cuts ought to sunset - $700 billion ought to be taken out of the private sector and sent to Obama, then you deserve to be out of work for the rest of your life because that $700 billion taken out of the private sector could be used to grow businesses and hire people.
Even CEOs police their own bureaucracy. Trump is not that. He does have more in common with these guys than most elected officials would have, particularly in the Obama administration. Obama didn't have anybody that'd ever worked in the private sector. All they had is a bunch of theoreticians who thought they were smarter than everybody that runs businesses in the private sector. And who knows what kind of pressure was brought to bear. Remember, Obama's agenda was one that was to be governed against the will of the people.
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