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"We have a serious structural deficit problem. And it needs to be addressed. The president is trying to address it through reforms of Social Security, but the problem is there with other entitlement programs like Medicare and Medicaid."
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"There are very important and practical issues raised by following this alternative route which says, let's look to material conditions, to the systems of production, to the needs that human beings have, and to competing alternative solutions to the satisfaction of those needs."

"But optics sharp it needs, I ween, To see what is not to be seen."

"Critics? How do they happen? I know how it happened to me. I would send a poem or story to a magazine and they would say this doesn't suit our needs precisely but on the other hand you sound interesting. Would you be interested in doing a review?"

"We all have different desires and needs, but if we don't discover what we want from ourselves and what we stand for, we will live passively and unfulfilled."
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"Social Security represents an $11 trillion unfunded obligation. And when I say unfunded obligation, I mean we have to come up with $11 trillion at some point to make the system whole."

"Moderation of oil prices would be very, very welcome. But overall I think we are in a position of stable growth, sustainable growth, and basically with inflation in check."

"Our view is that economic isolationism is the wrong way to go. Vibrant, successful growing economies that advance the interests of their citizens engage the global economy. And, we're committed to engaging the global economy."

"Well, the U.S. is running a current account deficit; we are creating lots of investment opportunities in the United States that exceed our own domestic savings rates, so the issue here is to encourage higher savings rates in the United States."

"We're focused on doing the things that make the economy perform well, and as you do that, reduce deficits, for one, very important; secondly, keep growth rates high, very important."

"And I think the American people look to the leaders to lead. They look to the leaders to take on the big problems. And the president deserves a lot of credit for doing that."

"And one of our points of continuing conversation with our trading partners is the urgency of their taking steps to remove barriers to their improved growth performance."

"But clearly an economy that's growing and expanding like this one - and it certainly is doing that with high GDP output, employment numbers strong, capacity utilization strong - that's an environment in which the Fed needs to continually be alert to early signs of inflation."

"We must start with the reality that corporations cannot guarantee anyone a lifetime job any more than corporations have a guarantee of immortality."
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