Sunil Mittal Quotes

We discover that the fortunes realized by our manufacturers are no longer solely the reward of sturdy industry and enlightened foresight, but that they result from the discriminating favor of the government.

We need an equal opportunity society, one in which government does not see its job as picking winners and losers. Where do you go if you want special favors? Government. Where do you go if you want a tax break? Government. Where do you go if you want a handout? Government. This must stop.

I think that most manufacturing and mining should be under the purview of state authorities.

There should be a policy to have a mechanism in place to decide when and how to import or export.

Import and substituting imports with domestic production are a big opportunity. With a devaluation of the rupee, imports get expensive, and for Indian manufacturers, this creates a huge opportunity.

When the government picked companies and gave them monopoly rights to frequencies in San Francisco and Los Angeles and New York and Chicago, it was picking the winners of the competition; it wasn't setting the terms of the competition.

No government body is more notorious for over-legislation than the Department of Trade and Industry.

These agreements should be free trade. They aren’t free trade.

Free tariff or no tariff would close up our manufactories by the scores.

What built America's called the American system, from Hamilton to Polk to Henry Clay to Lincoln to the Roosevelts. A system of protection of our manufacturing, financial system that lends to manufacturers, OK, and the control of our borders.

Promoting American manufacturing should not be a political issue.

America cannot become just a service and financial services economy, and to prevent that, there is no substitute for having people with successful, real-world manufacturing experience in Congress.

Manufacturing value chains are global. Many U.S.-made goods have foreign components. Slapping on tariffs will raise prices and slow imports, but it will make us poorer and impede growth.

The government built the grid to favor one industry over others. But I don't hear any conservatives screaming about that. Folks don't understand that the elite economic interests that are holding them down are also feeding them a bunch of lies.

There are some who maintain that trade will regulate itself, and it is not to be benefited by the encouragements or restraints of government. Such persons will imagine that there is no need of a common directing power. This is one of those wild speculative paradoxes, which have grown into credit among us, contrary to the uniform practice and sense of the most enlightened nations.

We shouldn't be putting tariffs on anything. That hurts working men and women in US. What we should be doing is making our manufacturing more competitive.

I react pragmatically. Where the market works, I'm for that. Where the government is necessary, I'm for that. I'm deeply suspicious of somebody who says, 'I'm in favor of privatization,' or, 'I'm deeply in favor of public ownership.' I'm in favor of whatever works in the particular case.

I do know that all of the Michigan delegation worked very hard as related to the revival of the auto industry. There was really a choice between bankruptcy and liquidation. There was no one that was willing to come up not only with the cash to keep them afloat but also to serve the warranties of everyone, you and I that drive all these cars. There was no one that could have picked up those pieces other than the federal government. [The auto bailout was] bipartisan from the get-go. [Without it,] Michigan would have hit 40 percent unemployment rates.

It's clear that there has to be some play between the vitality of invention in economic life and some regulation of it, and in some ways the great ideological wars of the 20th century that cost so many lives had to do with whether to have managed economies directed by government or economies directed by the free movement of capital, which is only partially subject to government regulation.

I think that when it comes to issues of trade, I think it is important for us to be in favor of trade, but I also think it is important to make sure that we are putting in place the labor standards, the environmental standards, that are going to provide some of a fighting chance for American workers.

During the mid-1980s dairy farmers decided there was too much cheap milk at the supermarket. So the government bought and slaughtered 1.6 million dairy cows. How come the government never does anything like this with lawyers?

A government with all this mass of favours to give or to withhold, however free in name, wields a power of bribery scarcely surpassed by an avowed autocracy, rendering it master of the elections in almost any circumstances but those of rare and extraordinary public excitement.

When you give government the power to control the money supply, it grows like a tumor until it extinguishes society itself.

Everything you heard about me is true. . . . I am not a free marketer. . . . I believe in the heavy hand of government.

In the Soviet Union, government controls industry. In the United States, industry controls government. That is the principal structural difference between the two great oligarchies of our time.