March 25, 2014

We Have To Get The Government Out Of The Economy

"So we have to get the government out of the economy, getting rid of as many government agencies and departments as possible, start repealing most of the laws and regulations that have been put on the books for the last 50 years, maybe more. If we do that, we can unleash the entrepreneurialism, the free market capitalism that produced what was once the wealthiest nation in the history of the world.

The wealth that America enjoyed was unprecedented in the world. The American standard of living was unequalled anywhere on the planet. That’s not the case today. There are people who live better than Americans, but in the 1940s, 1950s, that was not the case.

The American middle class was the envy of the world. And it wasn’t created because of government programs, it wasn’t created because of consumer spending, it was created because of the freedom that enabled our entrepreneurs to succeed." - in The Epoch Times

You can keep reading Peter Schiff`s market updates and commentary on this new website: Schiff On The Markets (click on the link or on the image below to access the new site)

Peter Schiff`s comments on the economy, stock markets, politics and gold. Schiff is the renowned writer of the bestseller Crash Proof: How to Profit from the Coming Economic Collapse. Visit the new website Schiff On The Markets for exclusive content.
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