St. Louis Federal Reserve President William Poole supported one of the key factors in supporting the entrepreneurial economy: get the government out of the way of entrepreneurs. From ABC News:
“(H)e cautioned against the intervention of government agencies to lift America’s vital entrepreneurial spirit.
“‘Are government officials really qualified to determine the resources that entrepreneurs need?’ he said in the text of a speech, made available in advance to the media.”
The answer, of course, is “No”!
(Thanks to Ben Cunningham for passing this story along).
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