Country Quote by Brian Deese
“In the early 19th century, when the country was transitioning from an agrarian to an industrial economy, we subsidised transportation and created a national bank. In the post-WWII era, we as a federal government made strategic investments in emerging technologies including microelectronics, telecommunications and biotechnology.”
About This Quote
Source Speech: Economic Policy Forum, 2023
Historical government investment in infrastructure and technology spurred growth; similar strategies can address modern challenges.
In simple terms: Past public spending boosted economy; repeat today.
Invest strategically in emerging sectors.
Themes
Mood
Type
When to use this quote
- legislative planning
- public‑private partnerships
- R&D funding
Key Concepts
Questions to Reflect On
- Which sectors need today investment?
- How to balance short‑term costs with long‑term gains?
Political opposition may hinder funding.