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Can Government really provide opportunity and foster productivity?

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I was reading a speech by a Republican leader from the 70s and wondered how this idea would be recived today.  Is there still room in the conservative movement for this type of thinking?  If so, how would we implement these ideas?

"Now, so there will be no misunderstanding, it is not my intention to do away with government. It is, rather, to make it work—work with us, not over us; to stand by our side, not ride on our back. Government can and must provide opportunity, not smother it; foster productivity, not stifle it."

 

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