"The choice is between which mistake is easier to correct: underdoing it or overdoing it"
About this Quote
The intent is managerial, but the subtext is moral. “Underdoing it” isn’t just a smaller error; it’s an error that can metastasize. In financial panics and recessions - the world Geithner is most associated with - timid action can let feedback loops harden: failing institutions take others down, unemployment becomes long-term, confidence drains out of the system. “Overdoing it,” by contrast, is positioned as a reversible sin: you can pull back liquidity, unwind emergency programs, raise rates, tighten standards, reclaim political legitimacy later. He’s smuggling in an asymmetry: in certain emergencies, the costs of being cautious are not linear; they compound.
It also functions as a defense against hindsight prosecutions. By naming both paths as “mistakes,” he preemptively disarms moralizers who treat policy as a character test. The standard isn’t purity, it’s repairability. That’s a very crisis-era, post-2008 worldview: governance as triage, legitimacy as something you borrow with one hand while trying to pay it back with the other.
Quote Details
| Topic | Decision-Making |
|---|---|
| Source | Help us find the source |
| Cite |
Citation Formats
APA Style (7th ed.)
Geithner, Timothy. (2026, January 16). The choice is between which mistake is easier to correct: underdoing it or overdoing it. FixQuotes. https://fixquotes.com/quotes/the-choice-is-between-which-mistake-is-easier-to-107961/
Chicago Style
Geithner, Timothy. "The choice is between which mistake is easier to correct: underdoing it or overdoing it." FixQuotes. January 16, 2026. https://fixquotes.com/quotes/the-choice-is-between-which-mistake-is-easier-to-107961/.
MLA Style (9th ed.)
"The choice is between which mistake is easier to correct: underdoing it or overdoing it." FixQuotes, 16 Jan. 2026, https://fixquotes.com/quotes/the-choice-is-between-which-mistake-is-easier-to-107961/. Accessed 28 Mar. 2026.









