Business Quote by Bill Richardson
“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.”
About This Quote
Source Speech: Remarks at the 2008 Economic Forum, 2008
The private sector drives economic growth, and government should support rather than replace it, especially for small businesses.
In simple terms: Private sector creates jobs; government should partner.
Support small businesses with good policies.
Themes
Mood
Type
When to use this quote
- policy making
- business development
- community economic planning
Key Concepts
Questions to Reflect On
- How can government best partner with small businesses?
- What policies most effectively empower private sector growth?
Government overreach can stifle innovation and flexibility.