Warren Buffett Quotes

Many people think that the U.S. is ahead in the frontier technology sectors as a result of private sector entrepreneurship. It's not. The U.S. federal government created all these sectors.

One role of government is to go where venture capital won't.

I think there is need for economic stimulus... and government can help make that up in a very difficult time.

It is absolutely clear that government plays a key role, as a catalyst, in promoting long-run growth.

We have in this country a federal government that increasingly is engaged in trying to determine which business, which regions, which industries will succeed, which will not through a whole range of economic development, regional development corporate subsidization programs.

Every time the U.S. government makes a low-cost loan to someone, it's investing in them.

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

Democrats believe that the federal government is not our enemy, it's our partner.

While many of Mr. Obama's ideas warrant skepticism, conservative opposition to any expanded role for government is a mistake.

All's the government should do is keep the taxes and regulations at a manageable rate, keep a decent standing army and get out of the way.

I was criticized at some level within the Republican Party by those who say government should not be in the economic development business at all. My response is that the only country I know that doesn't have an economic development plan is Papa New Guinea.

The Federal Government should be the last resort, not the first. Ask if a potential program is truly a federal responsibility or whether it can better be handled privately, by voluntary organizations, or by local or state governments.

Congress commissioned the first telegraph line, the railroads, the Internet. The role of the government in developing new technology is often misunderstood.

Government has always driven growth.

The army did more to shape the pattern and direction of economic development than did any other federal agency, any state government, or any private agency.

History does not provide any example of capital accumulation brought about by a government. As far as governments invested in the construction of roads, railroads, and other useful public works, the capital needed was provided by the savings of individual citizens and borrowed by the government.

Government never of itself furthered any enterprise, but by the alacrity with which it got out of its way.

Not all research is going to be turned into some new innovation, but there are some things that can be and that haven't been, and I think the federal government has a proper role to play in doing that.

One answer to transportation infrastructure funding is public-private partnerships.

Many people say that in a liberalised world there is little for the government to do, but the fact is that there is much for the government to do in fewer areas. One such area is to provide infrastructure.

Your federal government needs your money so that it can perform vital services for you that you would not think up yourself in a million years.

Silicon Valley wouldn't exist without massive government spending and in fact initiative.

When the Federal government buys the mortgages, they're not spending it, they're investing it.

I expect to see the State, which is in a position to calculate the marginal efficiency of capital-goods on long views and on the basis of the general social advantage, taking an ever greater responsibility for directly organizing investments.

I mean, the 1930s are the birth moment of modern public sector, government-driven infrastructure spending.