Foreclosures are a significant problem; they're an…

“Foreclosures are a significant problem; they're an economic problem.”

Henry Paulson

About This Quote

This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation.

Foreclosures reflect deep economic distress and affect many households.

In simple terms: Foreclosures show economic trouble.

Key Takeaway

Address root causes, not just symptoms.

Themes

economics housing policy risk social impact

Mood

concerned urgent serious

Type

analytical policy

When to use this quote

homebuyers
policy makers
financial advisors

Key Concepts

Financial crisis mortgage markets unemployment government response

Questions to Reflect On

How can individuals protect themselves?
What policies reduce foreclosure rates?

A Different Perspective

Foreclosures also stem from personal financial choices.

★ ★ ★ ★ ★ No ratings yet

Problem

More by Henry Paulson

If a financial institution has business operations in the United States, hires people in the United States, if they are clogged with illiquid assets,…

Henry Paulson

It is the policy of the federal government to use all resources at its disposal to make our financial system stronger.

Henry Paulson

A state-based regulatory system is quite burdensome. It allows price controls to create market distortions. It can hinder development of national products and can…

Henry Paulson

Well, as you know, we're working through a difficult period in our financial markets right now as we work off some of the past…

Henry Paulson

I look forward to the day when China has a truly market-determined solution... To get there, you need to have a currency that is…

Henry Paulson

Indian-Americans are physicians, engineers, CEOs, professors, teachers, entrepreneurs. They are a vital part of the United States' economic and social fabric. Because of this…

Henry Paulson

When it comes to the presidency, I will not vote for Donald Trump.

Henry Paulson

America is the land of opportunity. We need to be vigilant in ensuring that each and every American has the opportunity to acquire the…

Henry Paulson

An open, competitive, and liberalized financial market can effectively allocate scarce resources in a manner that promotes stability and prosperity far better than governmental…

Henry Paulson

I do not believe the United States and the Americans are going to let Donald Trump become president... I think the challenge is Donald…

Henry Paulson

Too often, we restrict trade that would create U.S. jobs and is in our national interest.

Henry Paulson

Our overriding goal in restructuring our financial architecture should be that taxpayers never again have to save a failing financial institution.

Henry Paulson

I think history shows that countries have to have some kind of a threshold level of economic success before they begin to have the…

Henry Paulson

We don't have the necessary laws or powers to deal with failing non-bank institutions. If they're a big bank, the depositor has deposit insurance,…

Henry Paulson

U.S. exports to China have more than quintupled since China entered the WTO and have grown more quickly than imports. In fact, China is…

Henry Paulson

Explore all 174 Henry Paulson quotes

More Economic quotes

It makes no sense to talk of the social obligations of the corporation without reference to its economic obligations. The two are intertwined.

Lee R. Raymond

Advances in technology will continue to reach far into every sector of our economy. Future job and economic growth in industry, defense, transportation, agriculture,…

Christopher Bond

I genuinely did not expect more than half our nation to choose to walk away from our long-term allies into the arms of our…

Brian Reade

The concept of humanity is an especially useful ideological instrument of imperialist expansion, and in its ethical-humanitarian form it is a specific vehicle of…

Carl Schmitt

Parents who are stressed or disturbed will have more difficulty in meeting their children's needs. Parents who have little support--from friends, relatives, neighbors, or…

Sheila Kamerman

Just between you and me, shouldn’t the World Bank be encouraging MORE migration of the dirty industries to the LDCs [Less Developed Countries]?... I…

Lawrence Summers

The number of poor, and poorly prepared, students who succeed in college and beyond undercuts the simplistic notion that economic or educational disadvantage is…

Roland Merullo

Right now, for many Americans, class is being foregrounded like never before because of the economic situation. It doesn't mean that race doesn't matter,…

Bell Hooks

The average well-being of our societies is not dependent any longer on national income and economic growth. ... But the differences between us and…

Richard G. Wilkinson

Fossil fuels, including oil, are running out and supplies are getting harder to find. If we do nothing, prices will continue to rise and…

Lucy Powell

Both fact and logic seem to me to support the view that savings invested in privately owned economic tools of production amount to an…

F. A. Harper

Business school graduates from the best schools earn large salaries and frequently rise to positions of great power. It would be nice if they…

Jeffrey Pfeffer

In short, both experience and economic theory imply that the US could now t to a more competitive dollar without experiencing either increased inflation…

Martin Feldstein

Put plainly, China seems determined to steal its way up the economic ladder, at our expense.

Christopher A. Wray

There are no two countries with the same style of economic mechanism, with the same capitalism.

Anatoly Chubais

Browse all 6,235 Economic quotes

Foreclosures are a significant problem; they're an…

About This Quote

Related quotes

More by Henry Paulson

More Economic quotes