Monday, February 1, 2010

Bill Gates On The Economy

Microsoft Corp. co-founder Bill Gates warned against too much government intervention. “If you try to do too much, it can distort things. When you have a financial crisis like that, it's years of digging out.

“The budget's very, very out of balance. And even as the economy comes back, without changes in tax and entitlement policies, it won't get back into balance. Taxes are going to have to go up and entitlements are going to have to be moderated.”

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