Steven Rattner Quotes

22 quotes in 549 categories

• The highest-income Americans don't need tax-free health insurance, mortgage interest deductions or deferred taxation on retirement funds.
• Indias rigid social structure limits intergenerational economic mobility and fosters acceptance of vast wealth disparities.
• Well, maybe not death panels, exactly, but unless we start allocating health-care resources more prudently – rationing, by its proper name – the exploding cost…
• Conservatives brayed that government should stay out of the private sector; liberals bleated for nationalizing the banks.
• China has lunged into the 21st century, while India is still lurching toward it.
• Most troublesome is the legalization of 'crowd funding,' the ability of start-up companies to raise capital from small investors on the Internet.
• Not surprisingly, troubled economic times often beget proselytizers of wacky, extreme ideas.
• The largest number of jobs likely to be created by the JOBS Act will be for lawyers needed to clean up the mess that it…
• As a beneficiary of the carried interest loophole, I've seen firsthand the lack of any difference between the work involved in generating a carried interest…
• During my 30 years on Wall Street, taxes on 'unearned income' have bounced up and down with regularity, and I've never detected any change in…
• Eye-popping tales of growing income inequality are hardly new. By now, nearly every American must be painfully aware of the widening pay gap between top…
• Finally, let's keep well in mind the most important lesson of the auto rescue: While government should stay away from the private sector as much…
• Increased revenues, meaning higher taxes, will be a central element of any successful long-term budget plan, and President Obama is right to insist that the…
• Neither the George W. Bush nor the Obama administrations volunteered to bail out G.M., Chrysler and other parts of the auto sector. Both subscribed firmly…
• Picking winners among the many young companies seeking money is a tough business, even for the most sophisticated investors. Indeed, most professionally run venture funds…
• Slapping a catchy acronym like the JOBS Act on a piece of legislation makes it more difficult for politicians to oppose it - and indeed…
• Thanks to decades of accumulated federal budget deficits and, more significantly, imprudent Medicare and Social Security policies, we've stolen almost $60 trillion from our children.
• The weak economy, widening income inequality, gridlock in Congress and a presidential election: Those were perhaps the dominant economic and political themes of 2012.
• To be sure, India has achieved enviable success in business services, like the glistening call centers in Bangalore and elsewhere. But in the global jousting…
• To fix Social Security, we should first stop using the Consumer Price Index to adjust benefits for inflation. Using the C.P.I. overstates the impact of…

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