Quote by Paul Ryan

I call crony capitalism, where you take money from successful small businesses, spend it in Washington on favored industries, on favored individuals, picking winners and losers in the economy, that's not pro-growth economics. That's not entrepreneurial economics. That's not helping small businesses. That's cronyism, that's corporate welfare.


I call crony capitalism, where you take money from successfu

Summary

This quote highlights the author's disdain for crony capitalism, which they define as a system where money is taken from successful small businesses and used by the government to benefit specific industries and individuals. They argue that this approach, which involves picking winners and losers in the economy, goes against pro-growth and entrepreneurial principles. The author further criticizes this system, deeming it as cronyism and corporate welfare rather than a support for small businesses.

Topics

Money
By Paul Ryan
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