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"Domestic inflation reflects domestic monetary policy."
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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."
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Personal Development

"After all, despite the economic advantage to firms that employed child labor, it was in the social interest, as a national policy, to abolish it - removing that advantage for all firms."
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Personal Development

"The Times' new credibility committee report that was issued on Monday very specifically said they will be putting in a policy that reporters must get permission from their department heads to appear on television, which I think is a really good thing."
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Personal Development

"My hope is that we continue to do an even better job in terms of our nation's energy policy, so that we may even further reduce our reliance on foreign sources of oil and take better care of our environment in the process."
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Personal Development

"For instance, Clinton who was unquestionably the smartest of the bunch I talked to - both the ones who made it and didn't. He had a great interest in policy."
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Personal Development

"Second, the President's popularity has not translated into increased support for the Republican party or for the policies and approaches on domestic policy championed by the President."
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Personal Development

"We shall listen, not lecture; learn, not threaten. We will enhance our safety by earning the respect of others and showing respect for them. In short, our foreign policy will rest on the traditional American values of restraint and empathy, not on military might."
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Personal Development

"Animosity is not a policy."
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Personal Development

"Whether his policy was right or wrong, he built up the glory of the nation."
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Personal Development

"Two thirds of a century ago, we were given a national policy. It was made to fit the conditions of the day."
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"In short, both experience and economic theory imply that the US could now t to a more competitive dollar without experiencing either increased inflation or decreased economic growth."
Experience

"So just as I want pilots on the planes that I fly, when it comes to monetary policy, I want to think that there is someone with sound judgement at the controls."
Policy

"A rise in the level of saving can reduce aggregate activity temporarily but only a sustained high level of saving makes it possible to have the sustained high level of business investment that contributes to the long-run growth of output."
Business

"We are particularly poor at the open economy issues."
Economy

"The only way that we can reduce our financial dependence on the inflow of funds from the rest of the world is to reduce our trade deficit."
Finance

"After all, an overvalued dollar gives us the ability to buy foreign goods at lower prices. And the existing volume of exports brings more yen and euros than they would if the dollar were more competitive."
Ability

"But because we in the United States finance our current account deficit by borrowing in our own currency, we can move to a more competitive dollar without the adverse effects that followed currency declines in other countries."
Finance

"Increased government spending can provide a temporary stimulus to demand and output but in the longer run higher levels of government spending crowd out private investment or require higher taxes that weaken growth by reducing incentives to save, invest, innovate, and work."
Government

"Thirty years ago, many economists argued that inflation was a kind of minor inconvenience and that the cost of reducing inflation was too high a price to pay. No one would make those arguments today."
Economy

"Domestic inflation reflects domestic monetary policy."
Policy
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