Tag: Ronald Reagan

Making The Moral Case … Not the Money Case … For Economic Policy

Has national economic policy become a moral issue?  When he addressed the University of Colorado at Denver business school last Thursday evening, JPMorgan Chase CEO Jaime Dimon said a United States default on its debts and payment obligations would be a “moral disaster.” The big bank was among many financial institutions who received government funds known as TARP. The big bank boss might well have been channeling the innermost thoughts of American Enterprise Institute president Arthur Brooks who spoke about making the moral case for economic change when he addressed Georgia Public Policy Foundation members this month in Atlanta. Brooks noted off the top, “If you love free enterprise, you need to start talking about morality.” His blunt description of… View Article

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Deen Day Smith, Chairman of the Board, Cecil B. Day Investment Company more quotes