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"Foreign aid is neither a failure nor a panacea. It is, instead, an important tool of American policy that can serve the interests of the United States and the world if wisely administered."
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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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"Our democracy is not a product but a continual process. It is preserved not by monuments but deeds. Sometimes it needs refining; sometimes it needs amending; sometimes it needs defending. Always, it needs improving."

"The temptations are great to simply retreat to the domain of private life and give up on our public problems."

"But despite this breathtaking pace, I believe in the capacity of our democracy to meet these challenges."

"I can assure you, public service is a stimulating, proud and lively enterprise. It is not just a way of life, it is a way to live fully."

"One half of the world's people live on less than two dollars a day. This should concern our national security policy as well as our conscience."
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