On March 1, 2002, President Bush, speaking on retirement security reform stated “I hope Congress understands it’s a good thing to encourage companies to contribute their own stock to their employees as part of an incentive plan”.
He went on to say “We ought to do everything we can in Washington, D.C., to encourage people to own a piece of the future. The more somebody owns something, the more somebody builds up an asset base, the better off America will be”.
He also made a distinction in his remarks between public and private companies.
These statements are the most supportive of employee ownership made by any President since Ronald Reagan. Thank you Mr. President!