
"In the search for short term revenue fixes, we are doing long-term damage to growth. By reaching into virtually every sector of economic life, government is injecting uncertainty into the marketplace and making it harder to raise capital and create new businesses. Meanwhile, without a sufficiently comprehensive focus on growth and jobs, our unemployment rate continues to hover close to 10%."
- Ivan G. Seidenberg
Chairman of Business Roundtable
Chairman and CEO of Verizon Communications
Speech to the Economic Club of Washington
June 22, 2010