"I think the most important factor in getting out of the recession actually is just the regenerative capacity of - of American capitalism"
- Warren Buffett
About this Quote
Warren Buffett is recommending that the most important factor in getting out of the economic downturn is the ability of American industrialism to regrow itself. He is implying that the strength of the American economy lies in its ability to recuperate from economic recessions. He thinks that the resilience of the American economy is the crucial to getting out of the economic crisis. He is also recommending that the federal government ought to not intervene excessive in the economy, as this could stifle the regenerative capability of American industrialism. He believes that the government must offer assistance to organizations and people, however must not interfere excessive in the functions of the economy. He believes that the American economy has the capacity to recover from the recession, which this is the most crucial consider getting out of the economic downturn.
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