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Top 15 Steven Rattner Quotes (2024 Update)

Steven Rattner Quote: “Increased revenues, meaning higher taxes, will be a central element of any successful long-term budget plan, and President Obama is right to insist that the wealthy – the slice of America that has come through the recession in by far the best financial health – should provide those funds.”
Steven Rattner Quote: “Conservatives brayed that government should stay out of the private sector; liberals bleated for nationalizing the banks.”
Steven Rattner Quote: “Picking winners among the many young companies seeking money is a tough business, even for the most sophisticated investors. Indeed, most professionally run venture funds lose money. For individuals, it’s pure folly. Buy a lottery ticket instead. Your chance of winning is likely to be higher.”
Steven Rattner Quote: “As a beneficiary of the carried interest loophole, I’ve seen firsthand the lack of any difference between the work involved in generating a carried interest and the work done by millions of other professionals who are taxed at the full 35 percent rate.”
Steven Rattner Quote: “Indias rigid social structure limits intergenerational economic mobility and fosters acceptance of vast wealth disparities.”
Steven Rattner Quote: “Visits to crowded Indian urban centers unleash sensory assaults: colorful dress and lilting chatter provide a backdrop to every manner of commerce, from small shops to peddlers to beggars.”
Steven Rattner Quote: “Eye-popping tales of growing income inequality are hardly new. By now, nearly every American must be painfully aware of the widening pay gap between top executives and shop floor laborers; between ‘Master of the Universe’ financiers and pretty much everyone else.”
Steven Rattner Quote: “During my 30 years on Wall Street, taxes on ‘unearned income’ have bounced up and down with regularity, and I’ve never detected any change in the appetite for hard work and accumulating wealth on the part of myself or any of my fellow capitalists.”
Steven Rattner Quote: “Not surprisingly, troubled economic times often beget proselytizers of wacky, extreme ideas.”
Steven Rattner Quote: “Well, maybe not death panels, exactly, but unless we start allocating health-care resources more prudently – rationing, by its proper name – the exploding cost of Medicare will swamp the federal budget.”
Steven Rattner Quote: “Slapping a catchy acronym like the JOBS Act on a piece of legislation makes it more difficult for politicians to oppose it – and indeed that’s what happened with the Jumpstart Our Business Startups Act.”
Steven Rattner Quote: “The highest-income Americans don’t need tax-free health insurance, mortgage interest deductions or deferred taxation on retirement funds.”
Steven Rattner Quote: “China has lunged into the 21st century, while India is still lurching toward it.”
Steven Rattner Quote: “Most troublesome is the legalization of ‘crowd funding,’ the ability of start-up companies to raise capital from small investors on the Internet.”
Steven Rattner Quote: “The weak economy, widening income inequality, gridlock in Congress and a presidential election: Those were perhaps the dominant economic and political themes of 2012.”
Steven Rattner Quote: “To be sure, India has achieved enviable success in business services, like the glistening call centers in Bangalore and elsewhere. But in the global jousting for manufacturing jobs, India does not get its share.”
Steven Rattner Quote: “Finally, let’s keep well in mind the most important lesson of the auto rescue: While government should stay away from the private sector as much as possible, markets do occasionally fail, and when they do government can play a constructive role, as it did in the case of the auto rescue.”
Steven Rattner Quote: “Thanks to decades of accumulated federal budget deficits and, more significantly, imprudent Medicare and Social Security policies, we’ve stolen almost $60 trillion from our children.”
Steven Rattner Quote: “The largest number of jobs likely to be created by the JOBS Act will be for lawyers needed to clean up the mess that it will create.”
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