“What's wrong with the auto industry isn't that it failed to create job...” — Amity Shlaes Quote

“What's wrong with the auto industry isn't that it failed to create jobs. What's wrong is that it emphasizes jobs over general growth itself.”

“Prices don't merely reflect what people think things ought to cost today; they also reflect what people expect items to cost tomorrow.”

“The most remarkable thing about Calvin Coolidge is that he served for 67 months, and when he left office, the budget was lower than he came in. In real terms - in nominal terms with vanilla on top - he cut the budget year over year.”

“I like American cars. And I would do nothing to hurt the U.S. auto industry.”

“Forty-six years after my parents' journey from India, here I am, the grandson of a spare auto parts salesman and a file clerk, tapped by the President of the United States to be the nation's chief communications regulator.”

“Finally, let's keep well in mind the most important lesson of the auto rescue: While government should stay away from the private sector as much as possible, markets do occasionally fail, and when they do government can play a constructive role, as it did in the case of the auto rescue.”