- "What the cynics fail to understand is that the ground has shifted beneath them — that the stale political arguments that have consumed us for so long no longer apply. The question we ask today is not whether our government is too big or too small, but whether it works — whether it helps families find jobs at a decent wage, care they can afford, a retirement that is dignified. Where the answer is yes, we intend to move forward. Where the answer is no, programs will end. Those of us who manage the public's dollars will be held to account — to spend wisely, reform bad habits, and do our business in the light of day — because only then can we restore the vital trust between a people and their government. "
- "Nor is the question before us whether the market is a force for good or ill. Its power to generate wealth and expand freedom is unmatched, but this crisis has reminded us that without a watchful eye, the market can spin out of control — and that a nation cannot prosper long when it favors only the prosperous. The success of our economy has always depended not just on the size of our gross domestic product, but on the reach of our prosperity; on our ability to extend opportunity to every willing heart — not out of charity, but because it is the surest route to our common good. "
Point #1 - Our government IS too large, bloated and meddling in things that are none of their business, like the market place.
Point #2 - The market spins out of control precisely because of government meddling! What was the banking crisis caused by but the government demanding that banks give out loans to the needy - remember subprime loans!
Point #3 - What does he mean when he says a nation cannot prosper long when it favors only the prosperous? Does he mean by "favors" powerful government officials using their menacing power to intimidate big business to play by the rules and only then they'll get favors?
Ayn Rand defined a proper government thus: "The only proper purpose of a government is to protect man's rights, which means: to protect him from physical violence. A proper government is only a policeman, acting as an agent of man's self-defense, and, as such, may resort to force only against those who start the use of force. The only proper functions of a government are: the police, to protect you from criminals; the army, to protect you from foreign invaders; and the courts, to protect your property and contracts from breach or fraud by others, ..."(Galts Speech in Atlas Shrugged and For The New Intellectual).