Famous quote by Donald Evans

"As President Bush has said on numerous occasions, it is the government's role to create the conditions, the friendly environment, that will attract capital"

About this Quote

In this quote, Donald Evans, speaking on behalf of President George W. Bush, stresses the function of the federal government in fostering a favorable environment for economic activities. The essence of the statement is that the federal government should not necessarily be the primary driver of financial endeavors, but rather, it must function as a facilitator that creates favorable conditions for financial investment and business development. The phrase "create the conditions, the friendly environment" recommends that the federal government's responsibility depends on implementing policies and frameworks that make it easy and attractive for both domestic and foreign investors to inject capital into the economy.

This perspective lines up with a free-market economic approach, where the government's role is to minimize barriers, offer stability, and ensure an equal opportunity rather than straight interfering in the market through cumbersome policies or extreme control. By doing so, the federal government can indirectly promote economic development, task creation, and innovation, as private enterprises are most likely to grow in such supportive conditions.

One may analyze "friendly environment" to include factors such as tax rewards, labor market versatility, regulative reforms, infrastructure development, and the enforcement of property rights. These elements are crucial in reducing the threat and cost of working, thereby drawing in financiers who contribute capital vital for financial growth.

Moreover, this story also means the importance of a steady political and legal environment. A federal government viewed as steady, transparent, and reasonable is most likely to draw in more financial investment, as companies seek to reduce unpredictabilities that might impact their operations.

In summary, the quote advocates for a federal government approach where the focus is on enabling and empowering the private sector by forming a helpful economic landscape, thus motivating the increase of capital and the resulting economic advantages.

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About the Author

USA Flag This quote is written / told by Donald Evans somewhere between July 27, 1946 and today. He/she was a famous Public Servant from USA. The author also have 22 other quotes.
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