Frederick W. Smith Quotes

Big corporations are all to be nationalized.

I believe that we need to take government out of business, and then we need to take business and put business back into government because government has no place in our businesses

I think this notion that public enterprises do not work and therefore nationalization will be a disaster, I mean, it's not supported by evidence.

The government is determined to bring the program back on track, and proceed with the privatizations.

The first thing the federal government can do to help is get out of the way.

We are a mixed economy. We will remain a mixed economy. The public and private sector will continue to play a very important role. The private sector in our country has very ample scope and I am confident that India's entrepreneurs have the capacity, and the will to rise to the occasion.

I do not believe in government ownership of anything which can with propriety be left in private hands, and in particular I should most strenuously object to government ownership of railroads. In my judgment public ownership of railroads is highly undesirable and would probably in this country entail far-reaching disaster.

The line between what government does and what a company does is getting blurred.

A few years ago nationalization was the solution to most of our problems. Now, and keep this to yourself, it is an utter flop.

Less Government in Business and More Business in Government

The best thing that governments can do is get out of business. When governments interfere less, managers can do their jobs better.

The government playing entrepreneur is not a good role for the government.

I do not like government-sponsored enterprises.

President Coolidge said, 'I don't want the Government to go into business.' Well, if I was Mr. Coolidge I wouldn't worry over that. The Government never has been accused of being a business man.

The government shouldn't run anything, because it cannot run anything.

Private enterprise cannot rebuild the nation's infrastructure or keep our research institutions vibrant. Government must do what only it can do.

I'm not here today to tell you government doesn't have a role to play. It does, but it needs to be the right role.

You need to be intent on reducing size, scope, and influence of government.

If John McDonnell nationalised whole industries, they would be quickly taken over by bureaucrats more concerned about their careers than about customers. Except this time, there will be no choice and nowhere to turn when things go wrong.

I think government actually does create jobs.

Government intervention only hurts; it doesn't help.

Paternalism is the method of government activism most amenable to an impoverished public sector.

Our message in NSW is government don't need to run businesses that are out of date when the private sector can do that better.

I vote for every privatization bill that I can. It is the Left that opposes privatization. They just want to preserve their government jobs.

We will never have Russian-style privatization.