Neither the George W. Bush nor the Obama administrations volunteered to bail out G.M., Chrysler and other parts of the auto sector. Both subscribed firmly to the longstanding American principle that government should resolutely avoid these kinds of interventions, particularly in the industrial sector.
Steven RattnerThanks to decades of accumulated federal budget deficits and, more significantly, imprudent Medicare and Social Security policies, we've stolen almost $60 trillion from our children.
Steven RattnerDuring my 30 years on Wall Street, taxes on โunearned incomeโ have bounced up and down with regularity, and Iโve never detected any change in the appetite for hard work and accumulating wealth on the part of myself or any of my fellow capitalists.
Steven RattnerThe highest-income Americans don't need tax-free health insurance, mortgage interest deductions or deferred taxation on retirement funds.
Steven Rattner