Administration Quote by Tom J. Donohue
“[A dramatic increase in regulation under the Obama administration is] threatening to short-circuit our recovery and undermine our long-term growth…More importantly , it is suffocating the entrepreneurial spirit so vital to America's success.”
About This Quote
Source Speech: Economic Policy Critique, 2010
Heavy regulation can stifle recovery and suppress entrepreneurial drive.
In simple terms: Too much regulation hurts growth and entrepreneurship.
Advocate for balanced policies that protect growth.
Themes
Mood
Type
When to use this quote
- business startups
- investment climate
- legislative debates
- economic forecasting
Key Concepts
Questions to Reflect On
- What regulatory changes could boost entrepreneurship?
- How to protect consumers while fostering innovation?
Regulation also protects consumers and environment; balance is key.