Nicholas Brady Quotes
It always looks dark at the bottom of a recovery.
Nicholas Brady, U. S. Treasury Secretary (Republican), Quoted in Newsweek, December 30, 1991
Sourced by: Eigen's Political and Historical Quotations
We emerged from the depression and went on to grow stronger than ever. However, we did not learn how to prevent future depressions and recessions.
Keynes thought that within 100 years, governments could control economies so that recessions and depressions would not tale place and a sufficient standard of living could be maintained so that poverty would be eliminated. By the end of the 20th century, no nation had accomplished this and few tried. By the 21st century, globalization made it impossible for a single nation or even a small group of nations to control a nation’s economy.
Statement made in response to Jimmy Carter's technical arguments about the economy at a Teamsters convention in Ohio.
Nicholas Frederick Brady is an American politician from the state of New Jersey, who was the United States Secretary of the Treasury under Presidents Ronald Reagan and George H. W. Bush, and is also known for articulating the Brady Plan in March 1989. In 1982, he was appointed to succeed Harrison A. Williams as a United States Senator until a special election could be held. He served in the Senate for 8 months.