Political Quotes

Bill Bennett: Now, Madam President, I have spent 5 years in the Senate. I have spent 40 years in the business community. I am a…

On the recordOctober 29, 1997
Now, Madam President, I have spent 5 years in the Senate. I have spent 40 years in the business community. I am a businessman who has run businesses. I would like to speak, in the remaining time, out of that experience rather than the political experience. What we are dealing with here from a business standpoint is a factory that is at overcapacity. The question is, How do we as competent managers deal with that excess capacity? Do we have competition? Of course, we do. If we have items that can be taken out of the factory and built more cheaply someplace else, we want them out of the factory and built more cheaply someplace else. But if we have the capital investment in the factory itself and we have excess capacity, we would not be wise stewards, we would not be intelligent businesspeople if we did not go out and look for things to be built in the factory to soak up that excess capacity as our first responsibility to the shareholders. We here in the Senate are responding not to shareholders but to taxpayers.
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Bill Bennett

Editor's note · Context

Discussing the management of excess capacity in military facilities during Senate debate.

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