From the ashes of a financial crash, there is a chance to create a new economic settlement that is more equal, sustainable and democratic.
Sentiment: POSITIVE
But economic recovery must be earned. And it will be earned by entrepreneurs and it will be earned by small businesses.
For the only way in which a durable peace can be created is by world-wide restoration of economic activity and international trade.
It can be rebuilt if other countries with selfish interests will not meddle, as has been done in the past.
The government can help, but we need to make this transition now to a recovery led by private investment, private.
You cannot prove this in real time, but when economists 20 years from now write a book on the recovery, it may well be entitled, 'It could have been much better.'
Restore, without delay, the equilibrium between revenue and expenditures, which has done so much to destroy our credit and derange the whole fabric of government. If that should not be done, the government and country will be involved, ere long, in overwhelming difficulties.
The lesson of history is that you do not get a sustained economic recovery as long as the financial system is in crisis.
I think we can create an environment where America can kind of get back on its economic feet.
When more land is locked up by the federal government, real people suffer, and opportunities for future prosperity are reduced.
If the financial system collapses, it's really, really hard to put it back together again.