Thomas William Lamont Quotes

Moderation of oil prices would be very, very welcome. But overall I think we are in a position of stable growth, sustainable growth, and basically with inflation in check.

This crash is not going to have much effect on business.

Market capitalism survived and prospered after the boom-bust industrial revolution of the 19th century, and the Great Depression and world wars of the 20th century. It will recover from the financial panic of 2008-09 and Obamanomics.

The fact is that the economy is really posed for the kind of recovery that people can see and understand.

Governments of all stripes want to deliver growth and rebalance their economies now that they have learned the hard way that, left to their own devices, markets pick expensive banking losers.

I actually think that the economy has got some positives. It's got the market. It's got consumer confidence and it's got banks throwing - I mean central bankers throwing money at it around the world.

The normal half-brained politician sometimes doesn't understand capital markets.

Stocks have reached what looks like a permanently high plateau.

The fundamental business of the country, that is production and distribution of commodities, is on a sound and prosperous basis.

Business conditions are not the most promising. It will take time to restore the prosperity of former years. If we cannot promptly attain it, we can resolutely turn our faces in that direction and aid its return by friendly legislation.

Markets don’t always self-correct fast enough. Until they do there is an immense amount of damage that has been done which is why we need government intervention.

The problem now is to shape our policy so as to avoid a calamitous break in the stock market … and at the same time accomplish if possible, the recovery of Europe.

There are two things that can disrupt the American economy. One is a war. The other is a meeting of The Federal Reserve Board.

The Wall Street crash doesn't mean that there will be any general or serious business depression... For six years American business has been diverting a substantial part of its attention, its energies and its resources on the speculative game... Now that irrelevant, alien and hazardous adventure is over. Business has come home again, back to its job, providentially unscathed, sound in wind and limb, financially stronger than ever before.

The economic repercussions of a stock market crash depend less on the severity of the crash itself than on the response of economic policymakers, particularly central bankers.

Fiscal discipline can turn the economy around.

Venezuela needs to develop; economic growth is essential for the country after so many years of lagging behind.

Eventually, the economy will work well when you reduce subsidies. People have got used to getting some handouts from governments.

I understand what needs to be done to fix the economy.

Prosperity cannot be restored by raids upon the public Treasury.

I think what is happening is I think first of all there is confidence in the U.K. economy. We're in a German rather than a Greek position in international financial markets, which is very positive and keeps our debt service costs down, and we're also beginning to see real evidence of rebalancing.

Well obviously the economy is critical to everything we do and we need to get the economy back in shape, the deficit down, the debt paid off, so that the economy can grow again and grow properly.

The foundations of a strong economy don't rest alone on the decisions of Chancellors or the spending programmes of government.

In the five years since the end of the Great Recession, the economy has made considerable progress in recovering from the largest and most sustained loss of employment in the United States since the Great Depression.

To get anything done, Obama has to be seen as having winning economy - which isn't easy.