The Week in Words: Caution on the GDP; dredging the Delaware River
"This welcome milestone is just another step, and we still have a long road to travel until the economy is fully recovered."
"This welcome milestone is just another step, and we still have a long road to travel until the economy is fully recovered."
- Christina Romer, President Obama's chief economist, on a positive gross domestic product
"For every person out of work, every family facing foreclosure, for every small business facing a credit crunch, the recession remains alive and acute."
- Treasury Secretary Timothy Geithner, also on the positive GDP
"We have fallen and we really want to get back up. We really want to get back on our tippy toes."
- Yahoo chief executive officer Carol Bartz, at a meeting with financial analysts
"I'm at a meeting with the portfolio managers telling me everything is wonderful, and 35 days later I lost all my money for my clients and myself."
- Shelley Bergman, witness in the trial of former Bear Stearns Cos. Inc. hedge fund managers
"We cannot continue to operate unprofitably forever."
- US Airways Group Inc.
CEO Doug Parker,
in announcing
1,000 job cuts
"We can lead the world again, in the United States of America, in car manufacturing."
- Henrik Fisker, announcing
his plan to make electric-hybrid vehicles at a former
General Motors Co. plant
in Delaware
"It's moving - the train's left the station."
- U.S. Sen. Arlen Specter
(D., Pa.), on plans he backs
for dredging the Delaware River
"Prepare legal action to stop this irresponsible move."
- New Jersey Gov. Corzine, directing his attorney general
to block the dredging