--- title: "Meaning & Key Takeaway of: We have lost certainty and predictability…" description: "\"We have lost certainty and predictability in the regulatory and tax climate in America, and this is why we're recovering so slowly.\" — Bob McDonnell" image: "https://sms4smile.com/quotes/i/945/bob-mcdonnell-18298_america_we-have-lost-certainty-and-predictabilit_2575915.jpg" --- # We have lost certainty and predictability in the… ![“We have lost certainty and predictability in the regulatory and tax climate in America, and this is why we're recovering so slowly.” quote by Bob McDonnell](https://sms4smile.com/quotes/i/945/bob-mcdonnell-18298_america_we-have-lost-certainty-and-predictabilit_2575915.jpg) [Download](https://sms4smile.com/quotes/i/945/bob-mcdonnell-18298_america_we-have-lost-certainty-and-predictabilit_2575915.jpg) [Open image](https://sms4smile.com/quotes/i/945/bob-mcdonnell-18298_america_we-have-lost-certainty-and-predictabilit_2575915.jpg) > “We have lost certainty and predictability in the regulatory and tax climate in America, and this is why we're recovering so slowly.” [Bob McDonnell](https://sms4smile.com/quotes/author/bob-mcdonnell/) ## About This Quote This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation. The shifting regulatory and tax environment creates uncertainty, slowing economic recovery. **In simple terms:** Uncertainty in rules and taxes slows growth. Key Takeaway Adapt strategies to navigate changing policies. Themes economics policy uncertainty recovery taxation Mood cautious analytical Type analytical strategic When to use this quote - corporate budgeting - investment decisions - expansion plans - risk management Key Concepts regulatory risk tax policy business planning Questions to Reflect On - How can businesses hedge against policy volatility? - What reforms could restore predictability? A Different Perspective If policies stabilize, growth may accelerate, but uncertainty persists. ★ ★ ★ ★ ★ No ratings yet [America](https://sms4smile.com/quotes/about/america/) [Certainty](https://sms4smile.com/quotes/about/certainty/) [Climate](https://sms4smile.com/quotes/about/climate/) [Predictability](https://sms4smile.com/quotes/about/predictability/) [Tax](https://sms4smile.com/quotes/about/tax/) ## Related quotes > [I believe that government is too large, costs too much, spends too much, and has too much regulatory power in our lives.](https://sms4smile.com/quotes/tim-walberg/i-believe-that-government-is-too-large-costs-too-much-spends-too-much/) [Tim Walberg](https://sms4smile.com/quotes/author/tim-walberg/) > [In today's regulatory environment, it's virtually impossible to violate rules.](https://sms4smile.com/quotes/bernard-madoff/in-today-s-regulatory-environment-it-s-virtually-impossible-to/) [Bernard Madoff](https://sms4smile.com/quotes/author/bernard-madoff/) > [This country, of course, needs fundamental reform of our financial regulatory system, as I, and many other financial institution executives, have publicly advocated for…](https://sms4smile.com/quotes/stephen-a-schwarzman/this-country-of-course-needs-fundamental-reform-of-our-financial/) [Stephen A. Schwarzman](https://sms4smile.com/quotes/author/stephen-a-schwarzman/) > [Our regulatory bodies strive to create honest dealings, fair trades, and a situation in which no one has an advantage over anyone else. But…](https://sms4smile.com/quotes/p-j-o-rourke/our-regulatory-bodies-strive-to-create-honest-dealings-fair-trades/) [P. J. O'Rourke](https://sms4smile.com/quotes/author/p-j-o-rourke/) > [There are over 170,000 pages of regulations in Washington, D.C. I want to streamline the rules in the federal government to basically allow businesses…](https://sms4smile.com/quotes/jason-t-smith/there-are-over-170-000-pages-of-regulations-in-washington-d-c-i-want/) [Jason T. Smith](https://sms4smile.com/quotes/author/jason-t-smith/) > [Regulatory reform is my agenda. I intend to thoroughly work on this.](https://sms4smile.com/quotes/yoshihide-suga/regulatory-reform-is-my-agenda-i-intend-to-thoroughly-work-on-this/) [Yoshihide Suga](https://sms4smile.com/quotes/author/yoshihide-suga/) > [Regulatory mandates have a disproportionate effect on small businesses.](https://sms4smile.com/quotes/ajit-pai/regulatory-mandates-have-a-disproportionate-effect-on-small-businesses/) [Ajit Pai](https://sms4smile.com/quotes/author/ajit-pai/) > [In order to build anything from factories to schools to hospitals, one must jump through a series of regulatory hoops, giving EPA veto power…](https://sms4smile.com/quotes/jim-inhofe/in-order-to-build-anything-from-factories-to-schools-to-hospitals-one/) [Jim Inhofe](https://sms4smile.com/quotes/author/jim-inhofe/) > [As newly created P2P businesses disrupt the status quo and compete with established companies, they face the difficulty of fitting a square peg into…](https://sms4smile.com/quotes/sam-graves/as-newly-created-p2p-businesses-disrupt-the-status-quo-and-compete/) [Sam Graves](https://sms4smile.com/quotes/author/sam-graves/) > [There's been so much corruption and so much cronyism in the taxi industry and so much regulatory capture, that if you ask for permission…](https://sms4smile.com/quotes/travis-kalanick/there-s-been-so-much-corruption-and-so-much-cronyism-in-the-taxi/) [Travis Kalanick](https://sms4smile.com/quotes/author/travis-kalanick/) > [The future regulatory arrangements for the newspaper industry need to be done in a much calmer deliberative way, in slower time when we've got…](https://sms4smile.com/quotes/thomas-watson-jr/the-future-regulatory-arrangements-for-the-newspaper-industry-need-to/) [Thomas Watson, Jr](https://sms4smile.com/quotes/author/thomas-watson-jr/) > [Calling bitcoin volatile - it's a non-statement. Unregulated assets with unclear regulatory landscapes are always going to be volatile. That's what unregulated assets do.](https://sms4smile.com/quotes/tyler-winklevoss/calling-bitcoin-volatile-it-s-a-non-statement-unregulated-assets-with/) [Tyler Winklevoss](https://sms4smile.com/quotes/author/tyler-winklevoss/) > [A state-based regulatory system is quite burdensome. It allows price controls to create market distortions. It can hinder development of national products and can…](https://sms4smile.com/quotes/henry-paulson/a-state-based-regulatory-system-is-quite-burdensome-it-allows-price/) [Henry Paulson](https://sms4smile.com/quotes/author/henry-paulson/) > [Electricity transmission operates on a frequency between 49.7 Hertz and 50.2 Hertz. What I have done is petitioned the Central Electricity Regulatory Commission and…](https://sms4smile.com/quotes/jyotiraditya-madhavrao-scindia/electricity-transmission-operates-on-a-frequency-between-49-7-hertz/) [Jyotiraditya Madhavrao Scindia](https://sms4smile.com/quotes/author/jyotiraditya-madhavrao-scindia/) > [The Nuclear Regulatory Commission and EPA, et cetera, had worked out what allowable releases are.](https://sms4smile.com/quotes/william-scranton/the-nuclear-regulatory-commission-and-epa-et-cetera-had-worked-out/) [William Scranton](https://sms4smile.com/quotes/author/william-scranton/) ## More by Bob McDonnell > [Are we a nation of guarantees or are we a nation of opportunities to achieve the American dream?](https://sms4smile.com/quotes/bob-mcdonnell/are-we-a-nation-of-guarantees-or-are-we-a-nation-of-opportunities-to/) [Bob McDonnell](https://sms4smile.com/quotes/author/bob-mcdonnell/) > [My wife and daughters work. My campaign manager in 2005 was a working mother. I appointed 5 women to my senior staff as Attorney General.](https://sms4smile.com/quotes/bob-mcdonnell/my-wife-and-daughters-work-my-campaign-manager-in-2005-was-a-working/) [Bob McDonnell](https://sms4smile.com/quotes/author/bob-mcdonnell/) > [If you know you're supported, you're going to work harder, you're going to be more focused on your mission.](https://sms4smile.com/quotes/bob-mcdonnell/if-you-know-you-re-supported-you-re-going-to-work-harder-you-re-going/) [Bob McDonnell](https://sms4smile.com/quotes/author/bob-mcdonnell/) > [I made a fairly bold pledge that I wanted Virginia to be the energy capital of the East Coast.](https://sms4smile.com/quotes/bob-mcdonnell/i-made-a-fairly-bold-pledge-that-i-wanted-virginia-to-be-the-energy/) [Bob McDonnell](https://sms4smile.com/quotes/author/bob-mcdonnell/) > [Informed consent is required for every invasive medical procedure, from getting your ears pierced to having an abortion.](https://sms4smile.com/quotes/bob-mcdonnell/informed-consent-is-required-for-every-invasive-medical-procedure/) [Bob McDonnell](https://sms4smile.com/quotes/author/bob-mcdonnell/) > [I think people are by-and-large happy with the providers that they have got now. They treasure that doctor-patient relationship.](https://sms4smile.com/quotes/bob-mcdonnell/i-think-people-are-by-and-large-happy-with-the-providers-that-they/) [Bob McDonnell](https://sms4smile.com/quotes/author/bob-mcdonnell/) > [Expanding Medicaid without fixing Medicaid is a terrible idea.](https://sms4smile.com/quotes/bob-mcdonnell/expanding-medicaid-without-fixing-medicaid-is-a-terrible-idea/) [Bob McDonnell](https://sms4smile.com/quotes/author/bob-mcdonnell/) > [The citizens must be certain that the governor is attending to the duties for which he was elected.](https://sms4smile.com/quotes/bob-mcdonnell/the-citizens-must-be-certain-that-the-governor-is-attending-to-the/) [Bob McDonnell](https://sms4smile.com/quotes/author/bob-mcdonnell/) > [The governor is Virginia's chief executive and represents the commonwealth at all times.](https://sms4smile.com/quotes/bob-mcdonnell/the-governor-is-virginia-s-chief-executive-and-represents-the/) [Bob McDonnell](https://sms4smile.com/quotes/author/bob-mcdonnell/) > [I am all for using business - public and private - to expand healthcare coverage.](https://sms4smile.com/quotes/bob-mcdonnell/i-am-all-for-using-business-public-and-private-to-expand-healthcare/) [Bob McDonnell](https://sms4smile.com/quotes/author/bob-mcdonnell/) > [Every governor's got tough choices to make.](https://sms4smile.com/quotes/bob-mcdonnell/every-governor-s-got-tough-choices-to-make/) [Bob McDonnell](https://sms4smile.com/quotes/author/bob-mcdonnell/) > [There is no question that the minority party always makes a sport of going after the governor.](https://sms4smile.com/quotes/bob-mcdonnell/there-is-no-question-that-the-minority-party-always-makes-a-sport-of/) [Bob McDonnell](https://sms4smile.com/quotes/author/bob-mcdonnell/) > [I think in Washington, D.C., a lot of people are talking down about business.](https://sms4smile.com/quotes/bob-mcdonnell/i-think-in-washington-d-c-a-lot-of-people-are-talking-down-about/) [Bob McDonnell](https://sms4smile.com/quotes/author/bob-mcdonnell/) > [No president has ever been elected with unemployment over 8 percent.](https://sms4smile.com/quotes/bob-mcdonnell/no-president-has-ever-been-elected-with-unemployment-over-8-percent/) [Bob McDonnell](https://sms4smile.com/quotes/author/bob-mcdonnell/) > [I listened to 19 guilty verdicts for my wife and me. And all I could do was sob.](https://sms4smile.com/quotes/bob-mcdonnell/i-listened-to-19-guilty-verdicts-for-my-wife-and-me-and-all-i-could/) [Bob McDonnell](https://sms4smile.com/quotes/author/bob-mcdonnell/) [Explore all 35 Bob McDonnell quotes ](https://sms4smile.com/quotes/author/bob-mcdonnell/) ## More America quotes > [The costs of the Bush-Obama wars in Iraq and Afghanistan are now estimated to run as high as $4.4 trillion - a major victory…](https://sms4smile.com/quotes/noam-chomsky/the-costs-of-the-bush-obama-wars-in-iraq-and-afghanistan-are-now/) [Noam Chomsky](https://sms4smile.com/quotes/author/noam-chomsky/) > [Young men, especially in America, write to me and ask me to recommend “a course of reading.” Distrust a course of reading! People who…](https://sms4smile.com/quotes/andrew-lang/young-men-especially-in-america-write-to-me-and-ask-me-to-recommend-a/) [Andrew Lang](https://sms4smile.com/quotes/author/andrew-lang/) > [Well, The Day the Earth Caught Fire was a story... I don't if anybody knows what it is but it was about... in the…](https://sms4smile.com/quotes/val-guest/well-the-day-the-earth-caught-fire-was-a-story-i-don-t-if-anybody/) [Val Guest](https://sms4smile.com/quotes/author/val-guest/) > [So here's what I want you to know, and here's what I want all our men and women in uniform to know: Because of…](https://sms4smile.com/quotes/barack-obama/so-here-s-what-i-want-you-to-know-and-here-s-what-i-want-all-our-men/) [Barack Obama](https://sms4smile.com/quotes/author/barack-obama/) > [Today, the world looks to America for leadership. And America looks to its Corps of Marines.](https://sms4smile.com/quotes/ronald-reagan/today-the-world-looks-to-america-for-leadership-and-america-looks-to/) [Ronald Reagan](https://sms4smile.com/quotes/author/ronald-reagan/) > [The image of blacks usually is one of people who are suffering from hunger, unemployment, and poverty. The idea of them as agents and…](https://sms4smile.com/quotes/grace-lee-boggs/the-image-of-blacks-usually-is-one-of-people-who-are-suffering-from/) [Grace Lee Boggs](https://sms4smile.com/quotes/author/grace-lee-boggs/) > [ I'll smoke, I'll cough, I'll get the tumors, I'll die, deal? Thank you America. \[salutes\] ](https://sms4smile.com/quotes/bill-hicks/i-ll-smoke-i-ll-cough-i-ll-get-the-tumors-i-ll-die-deal-thank-you/) [Bill Hicks](https://sms4smile.com/quotes/author/bill-hicks/) > [America is a democracy and has no Hitler, but I am afraid for her future; there are hard times ahead for the American people,…](https://sms4smile.com/quotes/albert-einstein/america-is-a-democracy-and-has-no-hitler-but-i-am-afraid-for-her/) [Albert Einstein](https://sms4smile.com/quotes/author/albert-einstein/) > [I'm gonna bring America together.](https://sms4smile.com/quotes/donald-trump/i-m-gonna-bring-america-together/) [Donald Trump](https://sms4smile.com/quotes/author/donald-trump/) > [In the nineteenth century some parts of the world were unexplored, but there was almost no restriction on travel.:; Up to 1914 you did…](https://sms4smile.com/quotes/george-orwell/in-the-nineteenth-century-some-parts-of-the-world-were-unexplored-but/) [George Orwell](https://sms4smile.com/quotes/author/george-orwell/) > [We need a system that serves our needs, not the needs of others. Remember, under a Trump administration it's called America first. Remember that.](https://sms4smile.com/quotes/donald-trump/we-need-a-system-that-serves-our-needs-not-the-needs-of-others/) [Donald Trump](https://sms4smile.com/quotes/author/donald-trump/) > [America, you're sending girls a mixed message. On one hand, you're saying to have positive body image and love who we are; on the…](https://sms4smile.com/quotes/adora-svitak/america-you-re-sending-girls-a-mixed-message-on-one-hand-you-re/) [Adora Svitak](https://sms4smile.com/quotes/author/adora-svitak/) > [You live overseas, you see these exotic places and you want to know about them. But, weirdly, it also made me homesick for all…](https://sms4smile.com/quotes/ken-jennings/you-live-overseas-you-see-these-exotic-places-and-you-want-to-know/) [Ken Jennings](https://sms4smile.com/quotes/author/ken-jennings/) > [Freedom in every sense but primarily political sense, a rise in repression that stems from a repression of sexuality. It's AIDS, it's herpes, it's…](https://sms4smile.com/quotes/jack-nicholson/freedom-in-every-sense-but-primarily-political-sense-a-rise-in/) [Jack Nicholson](https://sms4smile.com/quotes/author/jack-nicholson/) > [“In American terms, the accomplishment of Genghis Khan might be understood if the United States, instead of being created by a group of educated…](https://sms4smile.com/quotes/jack-weatherford/in-american-terms-the-accomplishment-of-genghis-khan-might-be/) [Jack Weatherford](https://sms4smile.com/quotes/author/jack-weatherford/) [Browse all 20,382 America quotes ](https://sms4smile.com/quotes/about/america/) ```json { "@context": "https://schema.org", "@graph": [ { "@type": "Quotation", "text": "We have lost certainty and predictability in the regulatory and tax climate in America, and this is why we're recovering so slowly.", "creator": { "@type": "Person", "name": "Bob McDonnell" }, "isPartOf": { "@id": "https://sms4smile.com/quotes/#website" }, "url": "https://sms4smile.com/quotes/bob-mcdonnell/we-have-lost-certainty-and-predictability-in-the-regulatory-and-tax/", "about": { "@type": "Thing", "name": "America" }, "@id": "https://sms4smile.com/quotes/bob-mcdonnell/we-have-lost-certainty-and-predictability-in-the-regulatory-and-tax/#quotation", "image": { "@type": "ImageObject", "@id": "https://sms4smile.com/quotes/i/945/bob-mcdonnell-18298_america_we-have-lost-certainty-and-predictabilit_2575915.jpg", "contentUrl": "https://sms4smile.com/quotes/i/945/bob-mcdonnell-18298_america_we-have-lost-certainty-and-predictabilit_2575915.jpg", "url": "https://sms4smile.com/quotes/i/945/bob-mcdonnell-18298_america_we-have-lost-certainty-and-predictabilit_2575915.jpg", "width": 1080, "height": 1080, "caption": "“We have lost certainty and predictability in the regulatory and tax climate in America, and this is why…” — Bob McDonnell", "creditText": "SMS4Smile Quotes", "creator": { "@id": "https://sms4smile.com/quotes/#organization" } } }, { "@type": "BreadcrumbList", "itemListElement": [ { "@type": "ListItem", "position": 1, "name": "Home", "item": "https://sms4smile.com/" }, { "@type": "ListItem", "position": 2, "name": "Quotes", "item": "https://sms4smile.com/quotes/" }, { "@type": "ListItem", "position": 3, "name": "Bob McDonnell", "item": "https://sms4smile.com/quotes/author/bob-mcdonnell/" }, { "@type": "ListItem", "position": 4, "name": "We have lost certainty and predictability...", "item": "https://sms4smile.com/quotes/bob-mcdonnell/we-have-lost-certainty-and-predictability-in-the-regulatory-and-tax/" } ], "@id": "https://sms4smile.com/quotes/bob-mcdonnell/we-have-lost-certainty-and-predictability-in-the-regulatory-and-tax/#breadcrumb" }, { "@type": "WebSite", "@id": "https://sms4smile.com/quotes/#website", "name": "SMS4Smile Quotes", "url": "https://sms4smile.com/quotes/", "publisher": { "@id": "https://sms4smile.com/quotes/#organization" } }, { "@type": "Organization", "@id": "https://sms4smile.com/quotes/#organization", "name": "SMS4Smile Quotes", "url": "https://sms4smile.com/quotes/", "logo": { "@type": "ImageObject", "url": "https://sms4smile.com/quotes/wp-content/themes/sq/assets/icons/icon-512.png", "width": 512, "height": 512 } } ] } ```