Quote by Mitt Romney
I spent my whole life in the private sector, 25 years in the private sector. I understand that when government takes more money out of the hands of people, it makes it more difficult for them to buy things. If they can't buy things, the economy doesn't grow. If the economy doesn't grow, we don't put Americans to work.
Summary
This quote emphasizes the belief that excessive taxation and government intervention in the economy can have negative consequences. The speaker argues that when the government takes more money from individuals through taxes, it reduces their purchasing power. Consequently, this weakens the economy as people are unable to buy goods and services, leading to a lack of growth. Furthermore, the quote implies that a stagnant economy means fewer job opportunities for Americans. The short explanation encapsulates the viewpoint that limiting government control over private sector resources is vital for economic growth and job creation.
By Mitt Romney
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