Political Quotes

Johnny Isakson: Absolutely. With all due respect, I think the last couple years the government has tried to eliminate risk with…

On the recordApril 13, 2011
Absolutely. With all due respect, I think the last couple years the government has tried to eliminate risk with overregulation of almost everything. If you eliminate risk, nobody gets out of bed in the morning and figures they are protected. We need to mitigate this and allow people to take a risk in order to get a reward. We can give them a platform of confidence and predictability so they will deploy capital, invest money, and employ people. The interesting point is, the byproduct of that is you have higher revenues. When you have a productive America on a progressive tax system, you get higher revenues. If people are more satisfied, they are more happy and more productive. There is less productivity when there is overregulation and underconfidence. We need to restore the confidence and have fair but equitable regulations and we need to empower the American investor to invest their capital and we will improve employment, improve revenue, and improve the future of the United States.
Said by
Johnny Isakson
Republican · Georgia
Source
govinfo.gov
Apr 13, 2011

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