Young Guns, by Rep. Paul Ryan, Rep. Eric Cantor & Rep. Kevin McCarthy: on Corporations


Eric Cantor: I'm first and foremost a small businessperson

Like my grandmother before me, I was then, and consider myself to this day, first and foremost a small businessperson. My first business was in real estate development and I learned the lesson that far too many small businessmen and -women learn when they try to be job creators: the process is tough, and the bureaucracy made it tougher.

For anyone with a background in business, Washington DC can be a frustrating, even infuriating place. Talk about disconnected from the realities of creating and maintaining jobs (if you're not using the taxpayer money to do it, that is). In 2009, since 1900, the current administration has the least private sector experience of all the presidential administrations studied.

Source: Young Guns, by Reps. Ryan, Cantor & McCarthy, p. 33-34 Sep 14, 2010

Eric Cantor: Threat of taxes & regulation deters business & jobs

Small businessmen and -women tell me virtually every day that the threat of increased taxes, regulations, and government mandates are deterrents to business expansion and job growth. And they know of what they speak. During its first fifteen months, the Obama administration has considered more than one hundred separate regulations that would cost the economy--including small businesses--more than one million dollars each. Do you know any small businesses that can handle this type of crippling loss? Of course not.

For our economy to grow and create jobs, Washington needs to repeal any government regulation that will impose an economic cost, trigger job losses, or disproportionately impact small businesses. Our rule should be, first, do no harm!

Source: Young Guns, by Reps. Ryan, Cantor & McCarthy, p. 71-72 Sep 14, 2010

Kevin McCarthy: Invested lottery winnings to start deli business at age 19

Soon after I graduated from high school, the second day after the California State Lottery started offering scratch-off tickets, I casually bought one, thinking nothing would come of it. So no one was more surprised than I was when I won. The payout was small by today's standards, just $5,000. But it was enough to get me started as a small businessman.

I invested my lottery winnings in the stock market and when I was nineteen, I opened my first real business, a deli in Bakersfield. Running my sandwich shop taught me what all small businesspeople learn: that the work is hard, the margins are thin, and the government is too often an obstacle, not an aid, to success. Still, I tried to be innovative and stay ahead of the competition.

Source: Young Guns, by Reps. Ryan, Cantor & McCarthy, p.143-144 Sep 14, 2010

  • The above quotations are from Young Guns: A New Generation of Conservative Leaders,
    by Eric Cantor, Paul Ryan, and Kevin McCarthy.
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  • Click here for more quotes by Paul Ryan on Corporations.
  • Click here for more quotes by Eric Cantor on Corporations.
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