We have in this country a federal government that…
“We have in this country a federal government that increasingly is engaged in trying to determine which business, which regions, which industries will succeed, which will not through a whole range of economic development, regional development corporate subsidization programs.”
About This Quote
This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation.
The government is expanding its role in deciding economic outcomes via subsidies and regional programs.
In simple terms: Government decides who succeeds through subsidies.
Question the scope of state intervention.
Themes
Mood
Type
When to use this quote
- business planning
- regional investment
- policy analysis
- public debate
Key Concepts
Questions to Reflect On
- How does government influence affect free markets?
- What are the risks of over‑regulation?
Such interventions can stifle market competition and innovation.