I think the approach we have taken in the administration, of focusing our energies and concerns on the fundamentals and working to strengthen those fundamentals, has been the prudent approach rather than focusing on the stock market,
More Quotes from Lawrence Summers:
Nothing is done until the language is fully reviewed,Lawrence Summers
There has not been a time in the last century where there has been so much misunderstanding of the US and so much misunderstanding by the US of the world,
Lawrence Summers
If you look at the history of the American capital market, there's probably no innovation more important than the idea of generally accepted accountancy principles.
Lawrence Summers
It should not be a source of low-cost financing for countries with ready access to private capital, or long-term welfare for countries that cannot break the habit of bad policies,
Lawrence Summers
With respect to the action that was taken, it was certainly a constructive step reflecting a careful attempt to respond to pressures that had gathered in the oil sector over time,
Lawrence Summers
Today, the IRS operates in a low-trust, short-tether budgeting environment, ... This makes rational planning for capital projects such as information technology very difficult.
Lawrence Summers
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