If we expect our fathers to take care of us that is called paternalism. If we expect our mothers to take care of us, we call that maternalism. If we expect the Government to take care of us, we call that socialism. If we expect our comrades to take care of us, that is communism. If we take care of ourselves and our neighbors, that is called Americanism. That is what we are talking about, is it not? That is exactly what we are talking about. Let me tell you something that has happened that is not happening in America for us, that would be a good example for us, and that is in Mexico to the south. We had inflation that was going wild down there, 1,000 percent a year. We had a debt that was out of sight, taxes that were unbelievable, and oppressive, and we had government taking over, thinking that it could do better than private enterprise taking over the economy. We never would have accepted a NAFTA Treaty if that situation had existed. So what happened? Without our help and without our example, they said, ``We have to raise revenues.'' So what did they do? They cut taxes. They got the government out of business. They sold or they privatized all the businesses they thought they could run better in the private enterprises, and they got money for that and they also got taxes from the operations because they became successful. They paid off the debt in 2 to 3 years.…
Jay Dickey: “If we expect our fathers to take care of us that is called paternalism. If we expect our mothers to take care of us, we…”
Editor's note · Context
Discussing economic policies and comparisons between the U.S. and Mexico.
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