Entrepreneurs, Enterpreneurism Quotes
What makes this quotation particularly funny is that “entrepreneur” is not originally an English word but was borrowed from the French. However, probably what the president was trying to express is that the French act as if they had not word or concept as they have many economic policies that discourage entrepreneurship. The President while a bright man has never been particularly gifted as an intellectual or an orator, becomes the butt of humor with this quotation. There are Bush supporters who challenge the fact that Bush actually made such a gaff, and there has been no other verification other than Baroness Williams.
This is a very important quotation. In large part America's development to a great power was the result of American industry and enterprise. However, that characteristic among the Americans was rare in the South as de Tocqueville herein observes. This was one of the pernicious consequences of slavery. The Southern whites could live a very comfortable life without any ingenuity, innovation, hard work, passion or much effort of any kind. There was nothing that the South produced or created without slaves that anyone wanted or advanced the nation. Even after the Civil War and emancipation it took decades before the white Southerners began to adopt the enterprising behavior that the rest of America was known for and it would take until the 21st century for parts of the South the reach parity in this area with most of the rest of the nation.
She was citing a study done by the Kauffman Foundation.
