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"Increasing inequality in income distribution in this country has broader policy implications, and there is also the growing problem of perverse incentives that result from executives receiving grossly disproportionate compensation based on decisions they themselves take."
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"We cannot be any stronger in our foreign policy for all the bombs and guns we may heap up in our arsenals than we are in the spirit which rules inside the country. Foreign policy, like a river, cannot rise above its source."

"We haven't had a good energy policy in this country for decades and we're trying to get one."

"In a constructive policy, there is 'adjust everywhere' and in a destructive policy, there is a policy of disadjustment."

"Any intervention, such as that of the German Reichsbank in the Spring of 1923, in which only a small part of the increasing note-expansion was recovered by the banks through the sale of foreign bills, would necessarily be unsuccessful. Led by the idea of opposing speculation, inflationistic governments have allowed themselves to become involved in measures whose meaning is hardly intelligible. Thus at one time the importation of notes, then their exportation, then again both their exportation and importation, have been prohibited. Exporters have been forbidden to sell for their own country's notes, importers to buy with them."

"When you see how the President makes political or policy decisions, you see who he is. The essence of the Presidency is decision-making."

"For almost twenty years, abortion policy in America has been controlled by the courts."

"Already, China has undermined U.S. foreign policy in efforts to gain access to oil resources in Iran and Sudan. We simply cannot separate the political and economic values of oil."

"Macroeconomic policy can never be devoid of politics: it involves fundamental trade-offs and affects different groups differently."

"The American foreign policy trauma of the sixties and seventies was caused by applying valid principles to unsuitable conditions."

"On the other hand, it is not fair to say that changes in federal policy have caused our tuition to rise faster. Every economic argument imaginable would indicate that we should raise tuition at a faster rate than we do."
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"But on those occasions when I do strongly disagree with the Democrats and I don't say anything, I think I forfeit my right to have people pay attention to me when I say the things that I don't like about what Republicans are saying."

"Well, many of us believe that excessive media concentration is a subject that ought to be addressed, and it is, of course, the intention of the majority party not to allow that to be discussed."

"While I was pleasantly surprised by the relatively high number of jobs created in April, the fact is that job creation during this recovery period has significantly lagged both historical experience in recovery, and the projections of the Bush Administration."

"The Clinton tax increase - which was an increase in taxes primarily on upper-income people - not only made the tax code more nearly progressive, it preceded one of the most productive economic periods in American life."

"I hope we will not so characterize religious people as being so narrow and so biased towards people not of their own religion that they cannot even work with them in this common cause to which you say they are committed."

"If people knew of ethics violations, they should have sent them to the Ethics Committee. If you think there was serious ethics violation that ought to be looked at, you don't hold it back for retaliatory purposes."

"What's troubling is that the Republicans to defend Mr. DeLay are weakening the ethics process."

"I think there was an absolute, deep gap between consensual relations between adults, which people may like or dislike, and people who physically impose themselves on children or misuse their authority to impose on children."

"Martin Luther King said, and it is sadly still true, that one of the most segregated times in America is the hour of worship."
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