Title: LARRY SUMMERS  
Date: 08-05-2019
Tags: politics, quote, economist 
Location: ADK
Mood: late at night
Image:LARRY SUMMERS.svg

00048

“All of the incentives for all the actors are against maintenance. Nobody ever named a maintenance project, nobody ever got recognized for a maintenance project, nobody ever much got blamed for deferring maintenance during the time while they were in office.” 

(American economist, former Vice President of Development Economics and Chief Economist of the World Bank (1991–93), senior U.S. Treasury Department.

last update 29 Sep 2019