System Management Quotes



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.