Economic Recovery Quotes

Even if the government spends itself into bankruptcy and the economy still does not recover, Keynesians can always say that it would have worked if only the government had spent more.

One of the ways you go after the debt, one of the ways you create jobs is by investing in people.

We simply can't spend our way out of a recession.

Very large scale disasters, especially those that have occurred in the developing world, have very long recovery periods.

The Depression, which started in 1929 was rather mild from 1929 to 1930. And, indeed, in my opinion would have been over in 1931 at the latest had it not been that the Federal Reserve followed a policy which led to bank failures, widespread bank failures, and led to a reduction in the quantity of money.

Especially amid the COVID-19 pandemic, which has disproportionately impacted tribal communities, we must invest in infrastructure in order to advance economic recovery and create much-needed jobs.

A recession is when a neighbor loses his job. A depression is when you lose yours. And recovery is when Jimmy Carter loses his.

It was clear soon after his election that Obama, like FDR, wanted to start dealing with the economic crisis immediately after his inauguration.

Politics thrives on simple, clean messages, something that played to Obama's advantage in 2008. Stagnant unemployment and the loss of America's AAA rating are as simple and tough as they come. This is the economy on Obama's watch, and there's no one left to blame.

Small companies need capital to invest, expand, and create jobs. And the economy needs a healthy small business community to bolster and sustain its recovery.

It is the policies of the Obama Administration that has led to a stagnated economy as well as high unemployment, as well as many of the other issues that we face.

It goes to establish a just and permanent principle of trade which puts an end to all serious fluctuations in prices and consequently, to all the insecurity and ruin which these fluctuations produce; and to build up those who are already ruined.

The best way to revitalize the economy is war, and the U.S. has grown stronger [economically] with war.

By 1939, the Depression was back. Unemployment was huge. Roosevelt didn't have any quick fix. Remember, the New Deal, Works Progress Administration, and Civilian Conservation Corps - all that happened years before. Roosevelt was riding a storm.

Look at the Weimar Republic and their hyperinflation in the early '20s. It didn't happen overnight. I've used the analogy, it's a lot like soybeans: you plant 'em, you wait. Conditions take some time. You need some sun; you need some water, but ultimately things start to grow, and are we in that phase or not?

Obama seemed poised to realign American politics after his stunning 2008 victory. But the economy remains worse than even the administration's worst-case scenarios, and the long legislative battles over health care reform, financial services reform and the national debt and deficit have taken their toll. Obama no longer looks invincible.

America is stronger because of President Obama's leadership, and I'm better because of his friendship.

By putting downward pressure on interest rates, the Fed is trying to make financial conditions more accommodative - supporting asset values and lower borrowing costs for households and businesses and thus encouraging the spending that spurs job creation and a stronger recovery.

I think it's important to focus on our economy, on jobs, on getting America back to work.

The Democrats cannot find Romney fingerprints on what's happening to this country. Every fingerprint is Barack Obama's, Joe Biden's, Nancy Pelosi's, Harry Reid's, Barney Frank's, you name it, Eric Holder.

When Texans suffered from the collapse of the oil market in the 1980s, they could rely on the fiscal union to help them. When Texas boomed with rising oil prices in the 2000s, it contributed to the union to help harder hit regions.

President Obama has only had two major policy victories during his tenure: the stimulus package and Obamacare. Both are massively unpopular. The stimulus package launched the Tea Party movement. Obamacare led to the Republican wipeout of 2010.

As America's head coach, President Obama needs to make some big and smart adjustments to jump-start economic growth and business investment, stimulate job creation, and get wages up for ordinary Americans.

Obama does not need to worry as much as past Democratic presidents about being labeled soft on national security - not after giving the order that led to the assassination of Osama bin Laden. No, his biggest concern is being labeled tone deaf on joblessness and debt.

I know it's going to be the private sector that leads this country out of the current economic times we're in. You can spend your money better than the government can spend your money.