Attractive Quote by Robert H. Frank
“Getting the economy back on its feet is properly viewed as an investment in future prosperity. When businesses and consumers confront attractive investment opportunities, often the only way to seize them is by borrowing. The same is true for government. Contrary to the pronouncements of critics of economic stimulus, these investments will not impoverish our grandchildren. Continuing to allow the economy to languish in recession is the surest way to impoverish them.”
About This Quote
Source Speech: Economic Policy Remarks, 2010
Investing now in the economy, through borrowing, secures future prosperity and avoids deeper recession damage.
In simple terms: Invest now to protect future wealth.
Key Takeaway
Borrow to fund growth.
Themes
economics
investment
intergenerational equity
Mood
cautious
optimistic
Type
policy
economic
When to use this quote
- government budgeting
- business expansion
- personal finance
- infrastructure projects
Key Concepts
Fiscal policy
stimulus
public debt
Questions to Reflect On
- How can we balance debt with long‑term benefits?
- What safeguards ensure future generations aren’t harmed?
A Different Perspective
Borrowing increases debt burden and may crowd out private investment.
