The great increase in longevity has produced a surge in the desire to accumulate assets for retirement. It has outpaced the ability of the private sector to produce assets, so we need a larger government debt.

We need the private sector to create jobs. If the government could create jobs Communism would have worked, but it didn't.

You balance the budget by restraining the growth of government and encouraging the growth of the private sector.

The private sector is motivated by profit and efficiency and the US government often is not.

Leadership at the civic level is designed to be inclusive, but has difficulty being effective. In the private sector, leadership is based on meritocracy. Digital economy should be led by the private sector and the role of government should be to facilitate and support it. [On Strategies for Global Digital Economy]

Obama is from this group that resents the private sector, resents the capitalistic means of production.