“Increased revenues, meaning higher taxes, will be a central element of any successful long-term budget plan, and President Obama is right to insist that the wealthy - the slice of America that has come through the recession in by far the best financial health - should provide those funds.” ShouldLongAmericaPresidentTermSuccessfulPlansHigherTaxesElementsFinancialBudgetsLong TermFundWealthyPresident ObamaRevenueRecessions Author:Steven Rattner
“Business chief executive officers and their boards succumb to the pressures of the financial markets and their fears of takeovers and pour out their energies to produce quarterly earnings - at the expense of building their companies for the long term.” LongEnergyTermCompanyProduceBuildingPressureFinancialChiefsBoardsLong TermExecutivesExpensesOfficersEarningFinancial MarketsTakeoversChief Executives Author:J. Irwin Miller
“There is a basic lesson on financial crises that governments tend to wait too long, underestimate the risks, want to do too little. And it ultimately gets away from them, and they end up spending more money, causing much more damage to the economy.” WantLittlesLongEndsGovernmentWaitingEconomyRiskLessonsCrisisFinancialSpendingDamageGet AwayMore MoneyUnderestimateFinancial Crisis Author:Timothy Geithner
“Economists and financial analysts are not like steelworkers or people in other occupations. They don't get evaluated based on their performance. They can mess up every day of the week through their whole careers, and this would be just fine, as long as they messed up in the same way as their peers.” PeopleLongWeekFinancialMessEconomist Author:Dean Baker