"Government can't create wealth, but it can create the conditions for private enterprise to flourish"

This quote by Bill Owens recommends that the federal government has a minimal function in developing wealth. Rather, the federal government ought to focus on developing the conditions for private business to thrive. This suggests offering a stable economic environment, with low taxes, a strong legal system, and a well-educated labor force. It likewise means investing in infrastructure, such as roadways, bridges, and telecoms networks, which can assist companies to grow and succeed. By developing the right conditions, the government can help to produce an environment where companies can flourish and develop wealth. Ultimately, it is the economic sector that will develop the wealth, however the federal government can play a crucial role in setting the stage for success.