Lawrence Summers Quotes
You can't have a situation in which companies proceed on a permanent basis relying only on cash from the government. 
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Situation | Companies | Proceed | Permanent | Basis |
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We believe the global expansion needs to be balanced up, not balanced down... An adjustment should take place in our countries through increased public savings. Internationally, there needs to be an adjustment through an increase in exports rather than reduced imports.
- Lawrence Summers
[And at a Capitol Hill news conference, Treasury Secretary Lawrence Summers warned that huge tax cuts also could have unwanted economic consequences, including higher interest rates, greater inflation and a larger public debt.] The tax cuts that have been put on the table represent a reversal of course, ... Confidence is crucial. It is time for us to make the right and prudent decision.
- Lawrence Summers