Business Quote by Barack Obama
“And we can see the positive impacts right here at Solyndra. Less than a year ago, we were standing on what was an empty lot.But through the Recovery Act, this company received a loan to expand its operations. This new factory is the result of those loans.”
About This Quote
Source Speech: Remarks on Solyndra, White House, 2009
The Recovery Act loan enabled Solyndra to transform a vacant site into a productive factory, illustrating how government funding can spur economic development.
In simple terms: Government loan helped turn empty land into a working factory.
Key Takeaway
Leverage public support to drive growth.
Themes
economic development
government policy
private sector
infrastructure
innovation
Mood
optimistic
pragmatic
Type
policy
inspirational
When to use this quote
- business growth
- community revitalization
- job creation
- technology manufacturing
Key Concepts
public financing
economic stimulus
industrial expansion
Questions to Reflect On
- How can similar funding be applied responsibly?
- What safeguards ensure long-term viability?
A Different Perspective
Success depends on sound management and market demand, not just funding.
![“That is another theme in the book [Dreams from My Father]. How do we exercise more empathy in our public discourse? How do we get the black to see through the eyes of the white? Or the citizen to see through the eyes of the immigrant? Or the straight to see through the eyes of the gay? That has…” quote by Barack Obama](https://sms4smile.com/quotes/img-quotes/00d/barack-obama-17_black_that-is-another-theme-in-the-book-dreams_10185.jpg)
![“[S]ometimes, when you are a food person, the possible irrelevance of what you are doing doesn’t cross your mind until it’s too late. (Once, for example, when I was just starting out in the food business, I was hired by the caper people to develop a lot of recipes using capers, and it was weeks of…” quote by Nora Ephron](https://sms4smile.com/quotes/img-quotes/d79/nora-ephron-1217_business_s-ometimes-when-you-are-a-food-person-th_980.jpg)
![“If the State does not acquire supremacy over [vast private] enterprises, it becomes their puppet, and they become the real State.” quote by Bertrand Russell](https://sms4smile.com/quotes/img-quotes/bad/bertrand-russell-69_acquire_if-the-state-does-not-acquire-supremacy_1379.jpg)