E-commerce is a vital building block in America's future. We are being told that the changes in the next decade will quickly overshadow the changes of the 1990s. Think about that. We are going to overshadow this progress that we have made in the last decade in a couple years. And it has been hard for me to fathom the changes that we have seen in just the last few years. My father was an 8th-grade-educated steelworker but wise beyond his formal education. When I got in government, he said to me, Son, when you get in government, first do no harm. Do not get in the way. Do not stop progress. Do not let government overregulate, control, or tax success that is the major force in growing our quickly changing economy in this society. If we want something to slow up, tax it. If we want something to stop growing, tax it some more. If we want something to go away, tax it again and regulate it. If I were a retailer today, I would be using e-commerce to expand my business, not for defense.
Editor's note · Context
Discussing the importance of e-commerce and the need to avoid overregulation during a committee meeting.
Share
More from John W. Peterson
I was in a hardware store last month, and they had their coats on. And I said, what's going on? He said, in the spring and the fall season now we don't heat our store because people, working people are coming in to buy hardware and lumber…
I'm not opposed to CAFE. I'm not opposed to fuel efficiency. I'm not opposed to biofuels. But, folks, you are overselling them. We have an energy crisis today, not 5 years from now. OPEC told us last week no more oil, get used to $90 to…
Fifteen percent of our natural gas comes from them, and they are our largest supplier of oil by far. Right off the Washington coast they produce. They have produced since 1913 in Lake Erie and sell us the gas. They drill gas only in Lake…
And if carbon capture and CO<INF>2</INF>, if you have those who believe that's such an evil force, that the CO<INF>2</INF> we breathe out is a poisonous gas, if we put carbon capture and CO<INF>2</INF> payments ahead of affordable…





