Economic recovery

“ And that is why the single most important part of this Economic Recovery and Reinvestment Plan is the fact that it will save or create up to 4 million jobs, because that's what America needs most right now. ”

“ Economists will provide their latest ideas and analysis of the economic recovery. But I'm also eager to hear from Americans from all walks of life, who are working hard to make ends meet during these uncertain economic times. And I expect I will get a wide variety of suggestions on strengthening the economy. ”

“ We have emerged from a recession on a wave of consumer optimism that dramatically proves the truth of this year's slogan-"Consumers Mean Business." Our economic recovery program has dramatically lowered inflation and interest rates, giving buyers more disposable income. Consumers are reacting to the Nation's resurgent economy by purchasing homes, automobiles, durable goods, and those products or services which enhance the quality of life. With greater purchasing power, it is important that consumers have access to the latest information. ”

“ In the face of an economic crisis we haven't seen since the Great Depression, the American Recovery and Reinvestment Plan represents a strategic and significant element in our country's future. The size and scale of this plan demand that unprecedented efforts to root out waste, inefficieny, and unnecessary spending. ”

“ The experts say we're in a robust economic recovery. And to be fair, there are some good signs: our best companies doing better, people being able to refinance their homes, and consumer confidence on the upswing since the election. ”

“ One final fact-our economic growth has prompted and sustained economic growth throughout the world. Without America's economic recovery, now into its 54th consecutive month, most of the rest of the world, and especially the export economies of Europe and Asia, would have grown considerably less. ”

“ Combine these signs of economic confidence with a strong recovery in one industry after another—15 consecutive monthly increases in industrial production, business investments stronger than expected, growing research in science and technology, and a welcome rebirth of productivity growth, and we can understand how the United States economy created nearly 5 million jobs in the last 15 months and has become the engine for a new era of worldwide economic expansion. ”

“ This talented and dedicated group is already hard at work crafting an Economic Recovery Plan that will create or save 2.5 million new jobs, while making the investments we need to fuel long-term economic growth and stability.
But this Thanksgiving, we are reminded that the renewal of our economy won't come from policies and plans alone – it will take the hard work, innovation, service, and strength of the American people. ”

“ The strategies, policies and measures adopted in the national recovery effort have sought to maximize the effects of this economic recovery in the industrial world on the national economy, at the same time that austerity measures sought to contain the country’s balance of payments deficit. ”

“ That means the economic recovery has boosted the confidence of manufacturers and encouraged business firms to restock. It adds up to more work for people in a wide range of industries and trades and means this recovery will continue to be strong. ”

“ The coming months and years will determine whether we can have development under the rigors of financial discipline and austerity, whether we can bring about not just temporary relief and stability but sustained and authentic economic recovery and growth. ”

“ This recovery will bring with it a revival of economic confidence and spending for consumer items and capital goods--the stimulus we need to restart our stalled economic engines. The American people have already stepped up their rate of saving, assuring that the funds needed to modernize our factories and improve our technology will once again flow to business and industry. ”

“ And as our economy regained strength, we watched the progress of a sparkling recovery—one of the strongest recoveries in 20 years. I said from the beginning it would take time for our economic program to work. You can't cure 25 years of failed economic policies overnight. ”

“ This economic plan is promoting the right kind of recovery and growth through smaller deficits, lower interest rates, lower inflation, and productive investment. It's not the kind of growth we had too much in the 1980's, where there was ballooning debt and paper prosperity. ”

“ When the virus took its brutal toll on the world’s economy, we launched the fastest economic recovery our country has ever seen. We passed nearly $4 trillion in economic relief, saved or supported over 50 million jobs, and slashed the unemployment rate in half. ”

“ I think those are all individual decisions. I think the President believes, I think most economists agree, that you're going to lose a trillion dollars a year in economic output, and the best vehicle to make up for some of that downturn is to stimulate the economy through a recovery plan like the one the President, his team, and members of Congress have framed.
[REPORTER] : When you say that the plans are closer than we thought, you're not expecting trouble in the conference? ”

“ The permanent recovery in employment, production, and investment we seek won't come in a sharp, short spurt. It'll build carefully and steadily in the months and years ahead. In the meantime, the challenge of government is to identify the things that we can do now to ease the massive economic transition for the American people. ”

“ Over the past four and a half years, we’ve fought our way back from the worst recession of our lifetimes and begun to lay a foundation for stronger, more durable economic growth. Today, our businesses have created 7.3 million new jobs over the last 41 months. ”

“ We have made much progress in restoring the foundation for a prosperous and productive society. By reducing the rate of growth of government spending, by strengthening the incentives to save and invest, by eliminating many unnecessary and burdensome regulations, and by encouraging monetary policies that ensure the price stability needed for lasting economic growth we have created an environment for sustained increases in productivity. ”

“ I want to briefly share some news about our economy, and talk about the work that we’re doing both to protect American consumers, and to put our economy back on a path to growth and prosperity.
This week, we saw some signs that the gears of America’s economic engine are slowly beginning to turn. Consumer spending and home sales are stabilizing. Unemployment claims are dropping and job losses are beginning to slow. ”

“ We will get this recession behind us and return to growth soon. We will get on our way to a new record of expansion, and achieve the competitive strength that will carry us into the next American century.
We should focus our efforts today on encouraging economic growth, investing in the future and giving power and opportunity to the individual. ”

“ So those tweaks can be made, and have -- I think in some cases have been made, to ensure that three-quarters of the American Recovery and Reinvestment Act are spent in the first year-and-a-half, that will create jobs, that will get people working again, get the economy moving again. ”

“ And the decisions we make now will determine whether or not we accelerate this progress – whether economic gains flow to a few at the top, or whether a growing economy fuels rising incomes and a thriving middle class. ”

“ The government and the international financial institutions have been engaged in a comprehensive medium-term poverty reduction and economic growth strategy. Further restructuring of domestic industry and success in attracting foreign investment are keys to future growth. ”

“ These incentives are sweeping fresh winds of progress across America. Along with restraints on government spending and regulating, they're bringing America the strongest surge of economic growth, jobs, business investment, and spendable income since the 1950's. ”

“ But just as our program is beginning to mesh and deliver what we promised, with personal savings and spending up, productivity up, auto and steel production and housing construction all recovering, workers being called back, the stock market hitting an all-time high, and consumer confidence surging—just as the recovery is gaining strength—a plan is afoot that would wreck the progress we've made. ”

“ When I became President, our economy was stagnant, with high unemployment, low job growth, and an out-of-control deficit. In 1993 we put in place a new economic strategy—what I call invest-and-grow economics—a strategy to prepare our people for the 21st century. ”

“ It’s a plan that will save or create up to four million jobs over the next two years, ignite spending by business and consumers alike, and make the investments necessary for lasting economic growth and prosperity. ”

“ The economy, a mixture of private enterprises of all sizes and extensive government intervention, experienced enormous difficulties in the late 1980s, notably declining real growth, runaway inflation, foreign debt obligations of more than $100 billion, and uncertain economic policy. ”

“ The country as a whole has had a prosperity never exceeded. Wages are at their highest range, employment is plentiful. Some parts of agriculture and industry have lagged; some localities have suffered from storm and flood. But such losses have been absorbed without serious detriment to our great economic structure. Stocks of goods are moderate and a wholesome caution is prevalent. Rates of interest for industry, agriculture, and government have been reduced. Savers and investors are providing capital for new construction in industry and public works. ”

“ It will be seen from this review that in important and decisive ways, we have moderated the impact of global recession on the national economy, and that the fun­damental strength of the economy had been proven solid and sound. By almost every indicator of economic health, performance and capability, I say, we have a sound economy.
The fundamentals are there for continued resiliency in the midst of economic adversity, and for accelerated development in the event of a more hospitable global economic environment. ”

“ When I took office 4 years ago, my most important job was to renew our economy. We put in place an economic plan that cut the deficit even as we increased investments in our people and expanded exports to record levels. ”

“ Looking ahead, the forecasters are projecting that next year we will enjoy even stronger economic growth. They suggest that the gross national product will rise by a healthy 3.2 percent, which should translate into lower unemployment, more jobs, and higher take-home pay. ”

“ Here's what we know though, that the sooner a recovery and reinvestment package is in place, the sooner we can start turning the economy around. We can't afford three, four, five, six more months where we're losing half a million jobs per month. ”

“ The challenge of greater productivity growth is of supreme importance to America's future. Only through productivity gains can real living standards be improved. Greater productivity growth is the cornerstone of price stability and sustained economic growth. ”

“ We will work to increase effective demand, shore up weak links, and give full play to the leading role of domestic demand, particularly consumer demand, in driving economic growth.
Second, we must adjust the structure of the economy to raise it to a higher level of development. In changing the pattern of development, we will continue to focus on economic restructuring and independent innovation. ”

“ Despite the challenges we have faced, our economy has demonstrated remarkable resilience. Exports have continued to grow, productivity growth has remained strong, and while economic growth in the first quarter of this year was slower than we would have liked, it was growth, nonetheless. ”

“ Wall Street reform is a key pillar of an overall economic plan we’ve put in place to dig ourselves out of this recession and build an economy for the long run – an economy that makes America more competitive and our middle-class more secure. ”

“ Making timely and resolute adjustments to macroeconomic policies and doing everything possible to maintain steady and rapid economic development We maintained the right direction, focus, intensity and pace of macro control, and adopted a series of policies and measures to promote steady and rapid economic development. In a complex and volatile situation, we actively responded to the severe impact of the global financial crisis and worked hard to make our macro control more proactive, targeted and effective. ”

“ The efficiency of the new manufacturing processes has provided a large surplus of goods that must be taken somewhere, exchanged for food and raw materials, which must, in turn, be brought to the producers of manufactured goods. In the course of these transactions, a generous share of the values produced goes, in the form of profit, to the owners of the industry, another considerable portion goes into reinvestment, thus swelling the volume of productive capital.
The increased wealth, the larger capital and the greater amount of surplus all make possible the maintenance of a larger population. ”

“ Our economy has gone from crisis to recovery to now to resurgence — with the longest streak of consecutive job growth ever recorded in the history of this country and more than all other advanced countries combined. ”

“ We concur on the need for immediate, concerted action to restore economic growth and to protect workers and families hit hardest by the recession through lowering taxes, ensuring access to credit, and unleashing spending that sustains and stimulates economic activity. ”