“You can't have a situation in which companies proceed on a permanent basis relying only on cash from the government.”
Author details
Related authors
Other Larry Summers Quotes
The United States basically accepted protection abroad as the price of post-war recovery. Now, that these countries have caught up to our level of prosperity, it is time for them to catch up to our level of openness.
Larry Summers 
58% of people like this quote
We are inheriting the worst financial system since the Depression. We're inheriting a situation - when people go back and study major banking crises a quarter century from now, the one that America developed in 2007 and 2008 is going to be one of those crises.
Larry Summers
57% of people like this quote
Start with the idea that you can't repeal the laws of economics. Even if they are inconvenient.
Larry Summers
55% of people like this quote