In other words, restraining the role of government to its proper functions and nothing more would create the environment most likely to produce more Facebooks in both the manufacturing and services sectors.
They would not claim the ability to set the right price for an automobile, but they somehow believe that they can establish the proper interest rate for a highly complex economy in a globally integrated environment.
The proper role of government is not to stimulate or rein in the economy but to create an environmentin which people can develop their talents and take the risks from which innovation and productivity arise.
We have been bold or deliberate as circumstances demanded, but our objective remains constant: to restore a more stable financial and economic environmentin which opportunity can again flourish and in which Americans' hard work and creativity can receive their proper rewards.