Economic Resilience Quotes

The great amount of our revenue and the flourishing state of the Treasury are a full proof of the competency of the national resources for any emergency, as they are of the willingness of our fellow-citizens to bear the burdens which the public necessities require.

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.

China has been weakened to an extreme degree, and all we have is the hearts and minds of the people. If we cast them aside, what do we have to sustain our country?

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.

My father had a couple of kids at the beginning of the Depression. There was not much employment. Not much welfare. People barely got by. People were tougher then.

Without the public support, we cannot withstand two years and a half. Look at the other countries, look what happened in Libya, in Tunisia and in Egypt.

New York never felt the recession. New York never felt a depression.

I do have confidence that we're gonna be able to get it right. But it's not gonna be overnight. And there's no silver bullets to this. The fact of the matter is, is that we are suffering from a massive hangover from a binge of risk taking.

Austria, Germany and the U.S. South did not disappear as a result of their currencies' ruin. Although many people suffered, most people found a way to survive, life went on, and economic activity eventually resumed after the adoption of a 'reformed' or foreign medium of exchange.

Even when America's economy has been by all measures healthy and the unemployment rate low, some businesses suffer or fail and lay off workers. But nearly always, a simultaneous and even greater burst of new jobs has been created to offset the jobs lost - millions of new jobs every year.

One cannot have economic growth without security.

Take away my people, but leave my factories, and soon grass will grow on the factory floors. Take away my factories, but leave my people, and soon we will have a new and better factory.

In my view, Asian countries have learnt the lessons from the past and significantly enhanced their capabilities to fend off risks.

There are a lot of people in the Rust Belt who felt like, 'Nobody's concerned about me, and my shot at the American dream is going away.' We need to restore that.

There's no way that that our military power will not erode if a robust American economic revival is not part of the cards.

It's better to have the taxpayer pay for the losses than have the United States of America become an economic wasteland. If the financial system collapses, it's really, really hard to put it back together again.

Britain does not want a return to boom and bust.

The economy of tomorrow is unlikely to look much like that of yesterday.

I would certainly rather the industry not go broke, but if that's what it takes for everyone to acquire some values and lose that sense of entitlement, maybe a little belt-tightening wouldn't be so tragic.

It always looks dark at the bottom of a recovery.

It's never paid to bet against America.

I'm the treasurer of the state of Ohio, where, when the United States credit rating was downgraded for the first time in American history, and 14 government funds around the country were downgraded, we earned the highest rating we could earn on our $4 billion investment fund.

Gordon Brown and Alistair Darling, in hosting the G20 summit and in the budget, must display the same boldness in tackling the instability at home that they do in promoting a worldwide answer to the global meltdown.

Good strong banks are essential for every family and for every business in the country and extraordinary times call for the bold and far-reaching solutions that the Treasury has announced today.