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"I am here to say that such subsidies will hurt my company and our industry. Why? Because they represent tax-and-spend economics--a brand of economics that is a
by stopachka 6y ago
"I am here to say that such subsidies will hurt my company and our industry. Why? Because they represent tax-and-spend economics--a brand of economics that is a known failure. I do not want handouts. The men and women of our company do not want handouts. And if Congress wants to help American high technology, handouts are the wrong way to go--especially if they are funded with huge tax increases on individuals and corporations."
I discovered this essay reading PG's essay on CEOs. I have to agree with him, that reading this was electrifying. Concise and clear about the consequences of taking money from investors, to ostensibly invest via the government (an investor with a much worse history).
Loved it