Political Quotes

“I would observe that there is kind of a law of physics about bureaucracy in politics, but especially bureaucracy: A body at rest stays at rest. I have discovered trying to get the institutional mindset in the Treasury and elsewhere to think differently about some of these issues is difficult. You can win on the logic and on the common sense. But when you confront the difficulty of the bureaucracy and the inclination of the bureaucracy to resist change, you have a devil of a time trying to get these things done. I would just observe that the very essence of what I am trying to do would represent simplicity for the corporations doing business all around the world. The Senator from New York is quite correct that it is increasingly a global economy. Many businesses do business virtually everywhere. I understand that. But the experience of the States is quite clear about businesses that do business everywhere. To the extent that businesses can save money on the bottom of their balance sheet or their P&L statement, $1 saved there represents $10 or $20 sales on top.”