Quote by Vince Cable
I am going to confront the old-fashioned negative thinking which says that all government needs to do to generate growth is cut worker and environmental protections, cut taxes on the rich and stroke 'fat cats' until they purr with pleasure. I'm completely repudiating the idea that government has to get out of the way.
Summary
In this quote, the speaker rejects the notion that the government should step aside and adopt a laissez-faire approach to stimulate economic growth. They criticize the traditional belief that reducing regulations, slashing taxes for the wealthy, and pandering to corporate interests alone will lead to prosperity. Instead, the speaker advocates for a different approach - challenging negative thinking, protecting workers and the environment, and prioritizing the well-being of ordinary citizens rather than solely benefiting the privileged few.
Topics
Environmental
By Vince Cable
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