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The federal government's most useful role is not to rush into a program of excessive increases in public expenditures, but to expand the incentives and opportunities for private expenditures.
-John F. Kennedy
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The Federal Government's Most Useful Role Is

John F. Kennedy
The federal government's most useful role is not to rush into a program of excessive increases in public expenditures, but to expand the incentives and opportunities for private expenditures.
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Opportunity Program

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California is a tragic country — like palestine, like every promised land. its short history is a fever-chart of migrations — the land rush, the gold rush, the oil rush, the movie rush, the okie fruit-picking rush, the wartime rush to the aircraft factories — followed, in each instance, by counter-migrations of the disappointed and unsuccessful, moving sorrowfully homeward.
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An across-the-board, top-to-bottom cut in personal and corporate income taxes ... to expand the incentives and opportunities of private expenditures.
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We have reached a moment in our history where we think that every problem in america has to have a federal government solution. every problem in america does not have a federal government solution. in fact, most problems in america do not have a federal government solution and many of them are created by the federal government to begin with.
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I believe in market economics. but to paraphrase churchill - who said this about democracy and political regimes - a market economy might be the worst economic regime available, apart from the alternatives. i believe that people react to incentives, that incentives matter, and that prices reflect the way things should be allocated. but i also believe that market economies sometimes have market failures, and when these occur, there's a role for prudential - not excessive - regulation of the financial system.
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I'm a recording artist who's traveled around the world so i have different opportunities than other people and people may decide how i should use my opportunities because my opportunities are public whereas i can't decide how people should use their opportunities because their opportunities are private. that's what we're dealing with - people feeling like they should be able to control celebrities.
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