I said in my opening remarks that--and this is kind of a prayer that I have for our country--that we would spend as much time trying to use lessons learned in history to better protect ourselves against a recession, a potential recession, by preventing it than we do spending time on how to figure out how to build all of these automatic stabilizers into the formula so that we can guarantee something to happen.
Steve Womack: “I said in my opening remarks that--and this is kind of a prayer that I have for our country--that we would spend as much…”
Editor's note · Context
Womack calls for proactive measures against potential recessions rather than reactive solutions.
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