Anytime the Federal Government is competing for money in the capital markets, instead of us having that money go into the private sector, instead of being invested in the kinds of growth you see in Nevada or what we hope will happen in New Jersey, it undermines the economic health of the country, and we have fewer jobs, wages are less, and you get a negative cycle. It is absolutely dangerous to the longrun health of this country.
Jon S. Corzine: “Anytime the Federal Government is competing for money in the capital markets, instead of us having that money go into…”
Editor's note · Context
Discussing the impact of federal competition for capital on economic growth.
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