Famous quote by Jim McDermott

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Theres nothing wrong with the free-enterprise system. But it has to have some compassion
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"There's nothing wrong with the free-enterprise system. But it has to have some compassion"

- Jim McDermott

About this Quote

This quote by Jim McDermott speaks with the significance of having a balance between the free-enterprise system and compassion. The free-enterprise system is a cornerstone of the American economy, and it has succeeded in creating wealth and chance. However, it is necessary to recognize that not everybody has the exact same access to resources and opportunities, which some people may need extra help to prosper. Empathy is essential to ensure that everybody has a chance to prosper, which those who are having a hard time are not left behind. McDermott's quote highlights the significance of having a system that is both economically effective and thoughtful. It is a suggestion that economic success ought to not come at the expense of those who are struggling, which we ought to aim to develop a system that is both financially successful and compassionate.

About the Author

USA Flag This quote is written / told by Jim McDermott somewhere between December 28, 1936 and today. He/she was a famous Politician from USA. The author also have 4 other quotes.

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