Operation Hope's Bryant: Role of Government Is About Striking a Balance

Thursday, 15 Nov 2012 03:12 PM

By Newsmax Wires

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The role of government in the private sector is all about balance, says John Hope Bryant, chairman of Operation Hope, which works for financial literacy and economic empowerment.

“Where would be without the subway system in New York City? I mean would free enterprise flow if there wasn’t a subway system? And, if it wasn’t for the government, who could put the subway system on their balance sheet? What about police? What about roads and gutters? What about street cleaners? What about all of the public services we take for granted,” Bryant tells Newsmax TV's John Bachman.

It’s all about balance, Bryant says.

“Things like Hurricane Sandy and Hurricane Katrina remind us that we do need some role of government in our lives, that we can’t do it all by ourselves.”

Watch the exclusive interview here.

As for the poor, a good way to lift them up is by working with the young, he says. A Gallup poll found that 91 percent of all youngsters aren’t afraid to take risk. And 77 percent want to have their own business.

“There’s an opportunity here to reset the culture of America to help the so-called poor to be contributors, to be GDP growers, to be entrepreneurs, small business owners. But like everything else, you’ve got to contextualize and give them the environment to do that,” Bryant says.

The empowerment activist is optimistic about President Barack Obama’s second term. “He has an opportunity. He’s going to seize it based on what I know about him and even the speech he gave for his acceptance. He’s going to try to bring America together.”

Obama will have to cooperate with Republicans, Bryant notes. “And, hopefully, the other side of the aisle has gotten the message that they need to collaborate too. Nobody can govern this country with 47 or whatever percent.”

The two parties may disagree over tactics, “but we won’t disagree on where we’re going,” Bryant says. “And where we’re going is prosperity and remaking and reimagining America.”

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