Personal Initiative Quotes
The implication of the investment in infrastructure and education is that the state must tax people at a rate that would pay for it. But if the rate is too high, he argues, people will not make a sufficient profit from their work.
Most Americans agreed with this policy upon which Cleveland had run, but it was not favored by the companies that had been benefitting from monopolies, protective tariffs, corporate subsidies and corporate welfare, and government largess. Ironically, at the time, large American business was generally opposed to free trade and were supported by the Republican Party. The Democrats wanted free trade—just the opposite of the beginning of the 21st century.