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"The choice is between which mistake is easier to correct: underdoing it or overdoing it."
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Exlpore more Mistake quotes
"It is almost always a fault of one who loves not to realize when he ceases to be loved."
"So many times it seemed like there were chances to stop things before they started. Or even stop them in midstream. But it was even worse when you knew in that very moment that there was still time to save yourself, and yet you couldn't even budge."
"Every great mistake has a halfway moment, a split second when it can be recalled and perhaps remedied."
"Sometimes I think I'm real predictable to myself and other times... you always wonder, Is this really what I wanted to do? Did I make a mistake? Should I be doing something else?"
"I never make stupid mistakes. Only very, very clever ones."
"I can't write about my greatest mistakes because I've slept with most of them."
"I've not seen in my lifetime any politician who is a heroic figure. The manipulation that all politicians use on one level or another is so transparent."
Explore more quotes by Timothy Geithner
"And I think it's a prudent, responsible way, given the scale of the emergency, the scale of the damage still facing America, that we finance these additional support for the unemployed as well as the support for small business. We think there's a good case for doing it now. We want to do it in an overall fiscally responsible way."
"There is a basic lesson on financial crises that governments tend to wait too long, underestimate the risks, want to do too little. And it ultimately gets away from them, and they end up spending more money, causing much more damage to the economy."
"Although this crisis in some ways started in the United States, it is a global crisis. We bear a substantial share of the responsibility for what has happened, but factors that made the crisis so acute and so difficult to contain lie in a broader set of global forces that built up in the years before the start of our current troubles."
"In the financial system we have today, with less risk concentrated in banks, the probability of systemic financial crises may be lower than in traditional bank-centered financial systems."
"This crisis exposed very significant problems in the financial systems of the United States and some other major economies. Innovation got too far out in front of the knowledge of risk."
"The world is likely to view any temporary extension of the income tax cuts for the top two percent as a prelude to a long-term or permanent extension, and that would hurt economic recovery as well by undermining confidence that we're prepared to make a commitment today to bring down our future deficits."
"The government can help, but we need to make this transition now to a recovery led by private investment, private."
"Most consequential choices involve shades of gray, and some fog is often useful in getting things done."
"The major economic policy challenges facing the nation today - pick your favorites among the usual suspects of low public and household savings, concerns about educational quality and achievement, high and rising income inequality, the large imbalances between our social insurance commitments and resources - are not about monetary policy."
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