Aspect Quote by George W. Bush
“People forget... that we structured it so that the government, or the people, would be repaid with a really good rate of return. And as it turns out, that aspect of TARP, that's what happened.”
About This Quote
Source Speech: Economic Recovery Address, 2009
Government financial programs aim for returns; TARP's design intended profit for taxpayers.
In simple terms: TARP intended to profit taxpayers.
Key Takeaway
Evaluate policy outcomes.
Themes
economics
government
finance
Mood
cautious
analytical
Type
political
historical
When to use this quote
- budget planning
- tax policy
- financial crises
Key Concepts
public investment
risk management
Questions to Reflect On
- Did TARP meet its goals?
- How to improve future programs?
A Different Perspective
Outcomes may differ from intentions.
![“Not every company went bankrupt. Not every bank needed TARP [Troubled Asset Relief Program]. So I'm very proud that JPMorgan, throughout that time period, was completely steadfast. We bought Bear Stearns because we thought we were helping the situation. We didn't cut and run.” quote by Jamie Dimon](https://sms4smile.com/quotes/img-quotes/04a/jamie-dimon-1320_assets_not-every-company-went-bankrupt-not-ever_128310.jpg)
