Gene Sperling Quotes


What is under our [the government’s] control is the signals we send and the way we organize ourselves.


Context

The business and financial institutions actually follow the statements and actions of an administration and its officials very closely, seeking “signals” of what action the government might take in the future. The actions that they take today may not become operational for several years (like building a new factory), so they try very hard to find out what the business and economic climate might be in the years to come. Sperling, like other very sophisticated economic advisers, realized that the President and his administration can often do little directly to influence the economy, but they can control what they say and the actions that they do take, to alter the perception of the economists, financiers, and business people throughout the nation.


Citations

Gene Sperling, Chairman, President’s Council of Economic Advisors, Speech, Commerce Department Business Investment Summit, October 30, 2013

Sourced by: Eigen's Political and Historical Quotations

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Many feel that the same is true in politics. The PR and image experts and the fund raisers are very helpful to political candidates, but between maintaining the message and image for the marketing staff and not offending major donors the finance people have obtained, there is very little that a politician can do that is innovative, both before and after his election as the image staff are in constant operation and in the last decades fund raising for the next election consumes a huge part of each day even after the candidate is elected.


Gene Sperling
Gene Sperling
  • Born: December 24, 1958
  • Nationality: American
  • Profession: Public Servant

Eugene B. "Gene" Sperling is an American economist, who was director of the National Economic Council and assistant to the president for economic policy under Presidents Bill Clinton and Barack Obama. He is the only person to serve as national economic advisor under two presidents. Outside of government, he founded the Center for Universal Education at the Brookings Institution in 2002.