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Read through the most famous quotes by topic #incentive
Don't reward bad behavior. It is one of the first rules of parenting. During the financial cataclysm of 2008, we said it differently. When we bailed out banks that had created their own misfortune, we called it a 'moral hazard,' because the bailout absolved the bank's bad acts and created an incentive for it to make the same bad loans again. ↗
It's counterintuitive, but the most divisive arrangement is when the same party controls both Congress and the presidency, a situation encountered in eight of the past 10 years. With government unified under a single party, the minority has the least possible incentive to cooperate with the majority. ↗
I think we need a very, very serious effort, primarily through tax policy to provide incentives and encouragement for people to save and invest and expand their businesses and to create more jobs. The kind of thing we did in the early Reagan years, 30 years ago. I think that's essential. ↗
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