“On the prime are immigration, commerce, taxes, reforming authorities. I believe all of these probably fall above this subject. The problem – and we’ve been by this train a few instances over the previous 16 years – is that it’s actually difficult, and it’s a few hundred billion {dollars} by way of the fairness stakes in these enterprises.”
Stakes are just too excessive to threat approaching the difficulty with an ill-thought-out plan, Fratantoni mentioned, with loads that might go incorrect in that case.
“It’s a six-trillion-dollar-plus market, so that you don’t need to mess this up,” he mentioned. “You need to do it very cautiously and methodically. And the draw back of getting it incorrect is admittedly terribly dangerous.
“There’s an upside of getting it proper – there are some advantages – however I believe it might take the total consideration of the Treasury Secretary, of parents within the White Home to get this finished and so it’s going to rely on what occurs with these different priorities and whether or not they have sufficient time and vitality to give attention to this actually complicated endeavor.”
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