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About this quote

What does it mean?
Reagan critiques government economic policy as overly taxing, regulating, and subsidizing.
In plain terms
Government taxes everything, regulates movement, and pays things to stop.
What can you take from it?
Government economic policy often stifles activity.

Where it applies

  • policy critique
  • economic debate
  • business environment

Putting it to work

  • advocacy for deregulation
  • critique of taxes

Questions to consider

  • How much regulation is too much?
  • Does taxation hinder growth?

Another view

Some regulation is necessary to prevent market abuses.

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