Quote by Bruce Babbit
The notion that big business and big labor and big government can sit down around a table somewhere and work out the direction of the American economy is at complete variance with the reality of where the American economy is headed. I mean, it's like dinosaurs gathering to talk about the evolution of a new generation of mammals.
Summary
This quote suggests that the idea of influential entities like big business, big labor, and big government coming together to determine the trajectory of the American economy is unrealistic and outdated. The comparison to dinosaurs discussing the evolution of mammals implies that these powerful forces are unable to fully comprehend or adapt to the changing landscape of the economy. In essence, the quote conveys skepticism about the effectiveness of such collaborations and highlights the need for more innovative and forward-thinking approaches to economic decision-making.
Topics
Economics
By Bruce Babbit
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