Political Quotes

Mike Crapo: “Once started, moral hazard, like inflation, is not easily contained and does long-lasting damage.”

On the recordMarch 15, 2023
Once started, moral hazard, like inflation, is not easily contained and does long-lasting damage.
Said by
Mike Crapo
Republican · Idaho

Editor's note · Context

Crapo warns about the risks of guaranteeing all deposits.

Share

More from Mike Crapo

Sep 4, 2026

“Secretary Burgum’s announcement moves us one step closer to allowing Idaho wildlife professionals to manage a recovered grizzly population in a way that protects both the species and Idaho communities.”

risch.senate.gov
Aug 8, 2026

Law enforcement officers put their lives on the line to protect our communities and uphold the rule of law.

coons.senate.gov
Jul 21, 2026

This investment reinforces our nation’s technological leadership while reducing reliance on foreign adversaries for critical energy capabilities.

dailymontanan.com
Oct 2, 2026

Taxpayers deserve a tax system that is competent, responsive and works for them.

wyden.senate.gov

Other voices in this conversation