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David McCormick: “I think it's really a bad idea if governments are making the…”

Featuring: David McCormick, Republican | U.S. Senate, Pennsylvania

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The Imperative of Renewal featuring Senator David McCormick | Betting on America

Published | Video Starts at 18:47

… be guided by a certain set of principles that we would be very happy if those principles were followed by those who come after us. Whatever political. In other words, I think it's really a bad idea if governments are making the choice to allocate capital because they think that they have the insight. Right. But it's guided by a set of principles that could be applied into the future because I think it opens the door to a slippery slope of investment that can easily become politicized. (18:47–18:59)

CLAIM

Asserts that government should not allocate capital based on perceived insight.

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PolitiQuote is a civic library index to statements made by politicians in publicly available video records. The index is created automatically from transcripts, with no editorial oversight or analysis. Highlighted quotes are selected by AI. Words may be added in parentheses to offer context for the quote. There may be errors in the transcription and display, so listen to the video to ensure accuracy.

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