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Steven Rattner Quotes

Eye-popping tales of growing income inequality are hardly new. By now, nearly every American must be painfully aware of the widening pay gap between top executives and shop floor laborers; between ‘Master of the Universe’ financiers and pretty much everyone else Picture Quote #1

To be sure, India has achieved enviable success in business services, like the glistening call centers in Bangalore and elsewhere. But in the global jousting for manufacturing jobs, India does not get its share Picture Quote #1

It’s time for the sensible center to rise up and push for a rational approach to our fiscal challenges Picture Quote #1

The stagflation of the 1970s blessed us with damaging wage and price controls and the utterly counterintuitive supply-side notion - famously drawn on a napkin - that cutting taxes would lead to higher tax revenues Picture Quote #1

From the Left comes the proposition that, given the slow economy, we should defer attending to the problem of mounting obligations - and the truly delusional idea that growing federal debt doesn’t matter because we owe most of it to ourselves Picture Quote #1

Indias rigid social structure limits intergenerational economic mobility and fosters acceptance of vast wealth disparities Picture Quote #1

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Not surprisingly, troubled economic times often beget proselytizers of wacky, extreme ideas Picture Quote #1

Conservatives brayed that government should stay out of the private sector; liberals bleated for nationalizing the banks Picture Quote #1

As a beneficiary of the carried interest loophole, I’ve seen firsthand the lack of any difference between the work involved in generating a carried interest and the work done by millions of other professionals who are taxed at the full 35 percent rate Picture Quote #1

Finally, let’s keep well in mind the most important lesson of the auto rescue: While government should stay away from the private sector as much as possible, markets do occasionally fail, and when they do government can play a constructive role, as it did in the case of the auto rescue Picture Quote #1

Picking winners among the many young companies seeking money is a tough business, even for the most sophisticated investors. Indeed, most professionally run venture funds lose money. For individuals, it’s pure folly. Buy a lottery ticket instead. Your chance of winning is likely to be higher Picture Quote #1

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Eye-popping tales of growing income inequality are hardly new. By now, nearly every American must be painfully aware of the widening pay gap between top executives and shop floor laborers; between ‘Master of the Universe’ financiers and pretty much everyone else (Steven Rattner Quotes) To be sure, India has achieved enviable success in business services, like the glistening call centers in Bangalore and elsewhere. But in the global jousting for manufacturing jobs, India does not get its share (Steven Rattner Quotes) It’s time for the sensible center to rise up and push for a rational approach to our fiscal challenges. (Steven Rattner Quotes) The stagflation of the 1970s blessed us with damaging wage and price controls and the utterly counterintuitive supply-side notion - famously drawn on a napkin - that cutting taxes would lead to higher tax revenues. (Steven Rattner Quotes) From the Left comes the proposition that, given the slow economy, we should defer attending to the problem of mounting obligations - and the truly delusional idea that growing federal debt doesn’t matter because we owe most of it to ourselves. (Steven Rattner Quotes) Indias rigid social structure limits intergenerational economic mobility and fosters acceptance of vast wealth disparities (Steven Rattner Quotes) Not surprisingly, troubled economic times often beget proselytizers of wacky, extreme ideas (Steven Rattner Quotes) Conservatives brayed that government should stay out of the private sector; liberals bleated for nationalizing the banks (Steven Rattner Quotes) As a beneficiary of the carried interest loophole, I’ve seen firsthand the lack of any difference between the work involved in generating a carried interest and the work done by millions of other professionals who are taxed at the full 35 percent rate (Steven Rattner Quotes) Finally, let’s keep well in mind the most important lesson of the auto rescue: While government should stay away from the private sector as much as possible, markets do occasionally fail, and when they do government can play a constructive role, as it did in the case of the auto rescue (Steven Rattner Quotes) Picking winners among the many young companies seeking money is a tough business, even for the most sophisticated investors. Indeed, most professionally run venture funds lose money. For individuals, it’s pure folly. Buy a lottery ticket instead. Your chance of winning is likely to be higher (Steven Rattner Quotes)