--- title: "Meaning & Key Takeaway of: I see nothing in the present situation…" description: "\"I see nothing in the present situation that is either menacing or warrants pessimism... I have every confidence that there will be a revival of activit..." image: "https://sms4smile.com/quotes/i/26f/andrew-mellon-28843_activity_i-see-nothing-in-the-present-situation-t_2773058.png" --- # I see nothing in the present situation that is either… ![“I see nothing in the present situation that is either menacing or warrants pessimism... I have every confidence that there will be a revival of activity in the spring, and that during this coming year the country will make steady progress.” quote by Andrew Mellon](https://sms4smile.com/quotes/i/26f/andrew-mellon-28843_activity_i-see-nothing-in-the-present-situation-t_2773058.png) [Download](https://sms4smile.com/quotes/i/26f/andrew-mellon-28843_activity_i-see-nothing-in-the-present-situation-t_2773058.png) [Open image](https://sms4smile.com/quotes/i/26f/andrew-mellon-28843_activity_i-see-nothing-in-the-present-situation-t_2773058.png) > “I see nothing in the present situation that is either menacing or warrants pessimism... I have every confidence that there will be a revival of activity in the spring, and that during this coming year the country will make steady progress.” [Andrew Mellon](https://sms4smile.com/quotes/author/andrew-mellon/) ## About This Quote This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation. Optimism about future economic revival despite current challenges, urging confidence in progress. **In simple terms:** Stay hopeful; future economic recovery is likely. Key Takeaway Maintain confidence in economic recovery. Themes economics optimism hope recovery policy Mood hopeful steady Type economic inspirational When to use this quote - business planning - government policy - personal finance - community development Key Concepts macroeconomic cycles confidence effect investment climate Questions to Reflect On - What signs of recovery do you see? - How can you prepare for potential setbacks? A Different Perspective Economic recovery may be uneven and slow. ★ ★ ★ ★ ★ No ratings yet [Activity](https://sms4smile.com/quotes/about/activity/) [Country](https://sms4smile.com/quotes/about/country/) [Depression](https://sms4smile.com/quotes/about/depression/) [Economic](https://sms4smile.com/quotes/about/economic/) [Great depression](https://sms4smile.com/quotes/about/great-depression/) [Optimist](https://sms4smile.com/quotes/about/optimist/) [Pessimism](https://sms4smile.com/quotes/about/pessimism/) [Pessimism Confidence](https://sms4smile.com/quotes/about/pessimism-confidence-3255872/) [Present situation](https://sms4smile.com/quotes/about/present-situation/) [Progress](https://sms4smile.com/quotes/about/progress/) [Revival](https://sms4smile.com/quotes/about/revival/) [Situation](https://sms4smile.com/quotes/about/situation/) [Spring](https://sms4smile.com/quotes/about/spring/) [Steady](https://sms4smile.com/quotes/about/steady/) [Steady progress](https://sms4smile.com/quotes/about/steady-progress/) [Warrants](https://sms4smile.com/quotes/about/warrants/) [Warrants Pessimism](https://sms4smile.com/quotes/about/warrants-pessimism-3255873/) [Years](https://sms4smile.com/quotes/about/years/) ## Related quotes > [I see nothing in the present situation that is either menacing or warrants pessimism.](https://sms4smile.com/quotes/andrew-mellon/i-see-nothing-in-the-present-situation-that-is-either-menacing-or-2/) [Andrew Mellon](https://sms4smile.com/quotes/author/andrew-mellon/) > [There is no cause to worry. The high tide of prosperity will continue.](https://sms4smile.com/quotes/andrew-mellon/there-is-no-cause-to-worry-the-high-tide-of-prosperity-will-continue/) [Andrew Mellon](https://sms4smile.com/quotes/author/andrew-mellon/) > [The Government's business is in sound condition.](https://sms4smile.com/quotes/andrew-mellon/the-government-s-business-is-in-sound-condition/) [Andrew Mellon](https://sms4smile.com/quotes/author/andrew-mellon/) > [The hope that poverty and ignorance may gradually be extinguished, derives indeed much support from the steady progress of the working classes during the…](https://sms4smile.com/quotes/alfred-marshall/the-hope-that-poverty-and-ignorance-may-gradually-be-extinguished-2/) [Alfred Marshall](https://sms4smile.com/quotes/author/alfred-marshall/) > [“Steady progress toward seemingly impossible goals will win the day. Setbacks are temporary. Naysayers are best ignored.”](https://sms4smile.com/quotes/brad-stone/steady-progress-toward-seemingly-impossible-goals-will-win-the-day/) [Brad Stone](https://sms4smile.com/quotes/author/brad-stone/) > [The hope that poverty and ignorance may gradually be extinguished derives indeed much support from the steady progress of the working classes during the…](https://sms4smile.com/quotes/alfred-marshall/the-hope-that-poverty-and-ignorance-may-gradually-be-extinguished/) [Alfred Marshall](https://sms4smile.com/quotes/author/alfred-marshall/) > [We will not attain a state of perfection in this life, but we can and should press forward with faith in Christ along the…](https://sms4smile.com/quotes/david-a-bednar/we-will-not-attain-a-state-of-perfection-in-this-life-but-we-can-and/) [David A. Bednar](https://sms4smile.com/quotes/author/david-a-bednar/) > [“He had never imagined so clearly the consequences of mailing a letter—the impossibility of retrieving it from the iron mouth of the box; the…](https://sms4smile.com/quotes/helen-simonson/he-had-never-imagined-so-clearly-the-consequences-of-mailing-a-letter/) [Helen Simonson](https://sms4smile.com/quotes/author/helen-simonson/) > [Remember, slow and steady wins the race.](https://sms4smile.com/quotes/ieyasu-tokugawa/remember-slow-and-steady-wins-the-race/) [Ieyasu Tokugawa](https://sms4smile.com/quotes/author/ieyasu-tokugawa/) > [Whether you want to exercise more often, or you're hoping to become debt-free, real change happens in stages. Slow and steady progress is great…](https://sms4smile.com/quotes/amy-morin/whether-you-want-to-exercise-more-often-or-you-re-hoping-to-become/) [Amy Morin](https://sms4smile.com/quotes/author/amy-morin/) > [The steady progress made by North Korea on its nuclear and missile programs is deeply concerning. The US cannot solve this problem alone. However,…](https://sms4smile.com/quotes/sam-nunn/the-steady-progress-made-by-north-korea-on-its-nuclear-and-missile/) [Sam Nunn](https://sms4smile.com/quotes/author/sam-nunn/) > [“Blake Hartt, if you touch me, your skin must be bare. Do you understand?” Livia looked into his green eyes. They seemed confused, but…](https://sms4smile.com/quotes/debra-anastasia/blake-hartt-if-you-touch-me-your-skin-must-be-bare-do-you-understand/) [Debra Anastasia](https://sms4smile.com/quotes/author/debra-anastasia/) > [I think the people who have really followed my career from the time I was seven years old can see my steady progress and…](https://sms4smile.com/quotes/marion-jones/i-think-the-people-who-have-really-followed-my-career-from-the-time-i/) [Marion Jones](https://sms4smile.com/quotes/author/marion-jones/) > [“Another uplifting development was Amy’s recovery from her ordeal. Loretta could scarcely believe how quickly the child was regaining her former gaiety, and she…](https://sms4smile.com/quotes/catherine-anderson/another-uplifting-development-was-amy-s-recovery-from-her-ordeal/) [Catherine Anderson](https://sms4smile.com/quotes/author/catherine-anderson/) > [ \[In relation to business:\] Invention must be its keynote-a steady progression from one thing to another. As each in turn approaches a saturated market,… ](https://sms4smile.com/quotes/reginald-fessenden/in-relation-to-business-invention-must-be-its-keynote-a-steady/) [Reginald Fessenden](https://sms4smile.com/quotes/author/reginald-fessenden/) ## More by Andrew Mellon > [Strong men have sound ideas and the force to make these ideas effective.](https://sms4smile.com/quotes/andrew-mellon/strong-men-have-sound-ideas-and-the-force-to-make-these-ideas/) [Andrew Mellon](https://sms4smile.com/quotes/author/andrew-mellon/) > [The history of taxation shows that taxes which are inherently excessive are not paid. The high rates inevitably put pressure upon the taxpayer to…](https://sms4smile.com/quotes/andrew-mellon/the-history-of-taxation-shows-that-taxes-which-are-inherently/) [Andrew Mellon](https://sms4smile.com/quotes/author/andrew-mellon/) > [“A moment's reflection will convince any one that prosperity cannot come from continued plunging into debt.”](https://sms4smile.com/quotes/andrew-mellon/a-moment-s-reflection-will-convince-any-one-that-prosperity-cannot/) [Andrew Mellon](https://sms4smile.com/quotes/author/andrew-mellon/) > [Liquidate labor, liquidate stocks, liquidate the farmers, liquidate real estate.](https://sms4smile.com/quotes/andrew-mellon/liquidate-labor-liquidate-stocks-liquidate-the-farmers-liquidate-real/) [Andrew Mellon](https://sms4smile.com/quotes/author/andrew-mellon/) > [Every man wants to connect his life with something he thinks eternal.](https://sms4smile.com/quotes/andrew-mellon/every-man-wants-to-connect-his-life-with-something-he-thinks-eternal/) [Andrew Mellon](https://sms4smile.com/quotes/author/andrew-mellon/) > [Liquidate labor, liquidate stocks, liquidate farmers, liquidate real estate. It will purge the rottenness out of the system. High costs of living and high…](https://sms4smile.com/quotes/andrew-mellon/liquidate-labor-liquidate-stocks-liquidate-farmers-liquidate-real/) [Andrew Mellon](https://sms4smile.com/quotes/author/andrew-mellon/) > [If the spirit of business adventure is dulled, this country will cease to hold the foremost position in the world.](https://sms4smile.com/quotes/andrew-mellon/if-the-spirit-of-business-adventure-is-dulled-this-country-will-cease/) [Andrew Mellon](https://sms4smile.com/quotes/author/andrew-mellon/) > [Values will be adjusted, and enterprising people will pick up the wrecks from less competent people.](https://sms4smile.com/quotes/andrew-mellon/values-will-be-adjusted-and-enterprising-people-will-pick-up-the/) [Andrew Mellon](https://sms4smile.com/quotes/author/andrew-mellon/) > [Gentlemen prefer bonds.](https://sms4smile.com/quotes/andrew-mellon/gentlemen-prefer-bonds/) [Andrew Mellon](https://sms4smile.com/quotes/author/andrew-mellon/) > [The history of taxation shows that taxes which are inherently excessive are not paid. The high rates inevitably put pressure upon the taxpayer to…](https://sms4smile.com/quotes/andrew-mellon/the-history-of-taxation-shows-that-taxes-which-are-inherently-2/) [Andrew Mellon](https://sms4smile.com/quotes/author/andrew-mellon/) > [The Government's business is in sound condition.](https://sms4smile.com/quotes/andrew-mellon/the-government-s-business-is-in-sound-condition/) [Andrew Mellon](https://sms4smile.com/quotes/author/andrew-mellon/) > [“A bonus or subsidy can be paid only by taking money out of the pockets of all the people in order that it shall…](https://sms4smile.com/quotes/andrew-mellon/a-bonus-or-subsidy-can-be-paid-only-by-taking-money-out-of-the/) [Andrew Mellon](https://sms4smile.com/quotes/author/andrew-mellon/) > [A balanced program for tax reform based upon the common sense idea of lowering taxes out of surplus revenues.](https://sms4smile.com/quotes/andrew-mellon/a-balanced-program-for-tax-reform-based-upon-the-common-sense-idea-of/) [Andrew Mellon](https://sms4smile.com/quotes/author/andrew-mellon/) > [There is no cause to worry. The high tide of prosperity will continue.](https://sms4smile.com/quotes/andrew-mellon/there-is-no-cause-to-worry-the-high-tide-of-prosperity-will-continue/) [Andrew Mellon](https://sms4smile.com/quotes/author/andrew-mellon/) > [Prosperity of the middling and lower orders depends upon the fortunes and light taxes of the rich.](https://sms4smile.com/quotes/andrew-mellon/prosperity-of-the-middling-and-lower-orders-depends-upon-the-fortunes/) [Andrew Mellon](https://sms4smile.com/quotes/author/andrew-mellon/) [Explore all 19 Andrew Mellon quotes ](https://sms4smile.com/quotes/author/andrew-mellon/) ## More Activity quotes > [Where I grew up, learning was a collective activity. But when I got to school and tried to share learning with other students that…](https://sms4smile.com/quotes/henry-giroux/where-i-grew-up-learning-was-a-collective-activity-but-when-i-got-to/) [Henry Giroux](https://sms4smile.com/quotes/author/henry-giroux/) > [It must be assumed and established as a principle, that the right of private property must be regarded as sacred. Wherefore, the law ought…](https://sms4smile.com/quotes/pope-leo-xiii/it-must-be-assumed-and-established-as-a-principle-that-the-right-of/) [Pope Leo XIII](https://sms4smile.com/quotes/author/pope-leo-xiii/) > [Each man is capable of doing one thing well. If he attempts several, he will fail to achieve distinction in any.](https://sms4smile.com/quotes/plato/each-man-is-capable-of-doing-one-thing-well-if-he-attempts-several-he/) [Plato](https://sms4smile.com/quotes/author/plato/) > [And also I think the rise of other, you could say, destinations for international jihadis mean that Pakistan isn't necessarily the place where people…](https://sms4smile.com/quotes/mohsin-hamid/and-also-i-think-the-rise-of-other-you-could-say-destinations-for/) [Mohsin Hamid](https://sms4smile.com/quotes/author/mohsin-hamid/) > [To evoke in oneself a feeling one has once experienced, and having evoked it in oneself, then by means of movements, lines, colors, sounds,…](https://sms4smile.com/quotes/leo-tolstoy/to-evoke-in-oneself-a-feeling-one-has-once-experienced-and-having/) [Leo Tolstoy](https://sms4smile.com/quotes/author/leo-tolstoy/) > [Fighting's fun, man. It's a great activity, it's a great sport.](https://sms4smile.com/quotes/matt-mitrione/fighting-s-fun-man-it-s-a-great-activity-it-s-a-great-sport/) [Matt Mitrione](https://sms4smile.com/quotes/author/matt-mitrione/) > [There were books everywhere in my house. Books were very present. I just loved books. I never understood reading as anything but a pleasurable…](https://sms4smile.com/quotes/lisa-lucas/there-were-books-everywhere-in-my-house-books-were-very-present-i/) [Lisa Lucas](https://sms4smile.com/quotes/author/lisa-lucas/) > [For war to man, like childbirth to women, is simplifying in its emotions and activities. All the real problems of life can be put…](https://sms4smile.com/quotes/pearl-s-buck/for-war-to-man-like-childbirth-to-women-is-simplifying-in-its/) [Pearl S. Buck](https://sms4smile.com/quotes/author/pearl-s-buck/) > [The only activity a cynic will find contagious is yawning, that is, with other people, at other people.](https://sms4smile.com/quotes/criss-jami/the-only-activity-a-cynic-will-find-contagious-is-yawning-that-is/) [Criss Jami](https://sms4smile.com/quotes/author/criss-jami/) > [For the longest time, neuroscientists were forced to be passive observers of brain activity.](https://sms4smile.com/quotes/gero-miesenbock/for-the-longest-time-neuroscientists-were-forced-to-be-passive/) [Gero Miesenbock](https://sms4smile.com/quotes/author/gero-miesenbock/) > [Enjoyment is not a goal, it is a feeling that accompanies important ongoing activity.](https://sms4smile.com/quotes/paul-goodman/enjoyment-is-not-a-goal-it-is-a-feeling-that-accompanies-important/) [Paul Goodman](https://sms4smile.com/quotes/author/paul-goodman/) > [Once an activity has been socialized, it is impossible to point out, by concrete example, how men in a free market could better conduct…](https://sms4smile.com/quotes/leonard-read/once-an-activity-has-been-socialized-it-is-impossible-to-point-out-by/) [Leonard Read](https://sms4smile.com/quotes/author/leonard-read/) > [“Fun is not an activity, it is a state of mind.”](https://sms4smile.com/quotes/bryant-mcgill/fun-is-not-an-activity-it-is-a-state-of-mind/) [Bryant McGill](https://sms4smile.com/quotes/author/bryant-mcgill/) > [I have to consider everything I eat; I consider every activity I do.](https://sms4smile.com/quotes/charlie-kimball/i-have-to-consider-everything-i-eat-i-consider-every-activity-i-do/) [Charlie Kimball](https://sms4smile.com/quotes/author/charlie-kimball/) > [Almost all good businesses engage in 'pain today, gain tomorrow' activities.](https://sms4smile.com/quotes/charlie-munger/almost-all-good-businesses-engage-in-pain-today-gain-tomorrow/) [Charlie Munger](https://sms4smile.com/quotes/author/charlie-munger/) [Browse all 3,263 Activity quotes ](https://sms4smile.com/quotes/about/activity/) ```json { "@context": "https://schema.org", "@graph": [ { "@type": "Quotation", "text": "I see nothing in the present situation that is either menacing or warrants pessimism... 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