"Today it is not big business that we have to fear. It is big government"
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This quote by Wendell Phillips suggests that the greatest threat to society is not large corporations, but rather the government. This is because the federal government has the power to enact laws and guidelines that can have a significant impact on the lives of residents. In addition, the federal government has the power to tax residents and companies, which can have a negative result on the economy. Additionally, the federal government has the power to restrict the flexibilities of residents, which can cause a lack of civil liberties. For that reason, Phillips is suggesting that the federal government needs to be held accountable for its actions which people should watch out for its power.
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