Egypt's problem is that you've got an economy that works for about 40 million people, only you have 90 million people. The answer to the Egyptian problem is not guns, but jobs. We've got to find a private-sector, nongovernmental, aggressive way of creating jobs. That's not America's role totally.
For chat-room tyros who expect to make their first million day-trading by age 27, paging through the Sunday newspaper with a pair of scissors just to save a couple of cents on Cheetos seems so, well, old economy.
To put it simply and a bit crudely: Our economy is demanding more well-educated workers than our schools are providing. To attract this scarce resource, communities have to offer more than just jobs.
The cardinal rule of taxation is that whatever you put a levy on, you'll inevitably get less of. Taxing corporate activity means less investing, less hiring, fewer jobs and a smaller economy, which hurts the rich, the poor and the middle class alike.
I don't know where the stock market is going, but I will say this, that if it continues higher, this will do more to stimulate the economy than anything we've been talking about today or anything anybody else was talking about.
Manufacturing capacity is not a rigid level against which one bounces. When you are dealing with a world economy, with a flexibility to employ production facilities other than one's own, then the concept of capacity is vaguer.
President Obama has earned my vote on the basis of his excellent judicial appointments, his consensus-building foreign policy and the improvements he has brought about in the disastrous economy he inherited.
As president, I will bring all the parties and stakeholders together. I am going to come up with a solution that respects the environment and does not cause an upheaval in the economy.
Wal-Mart is the biggest distributor of DVDs out there, but personally, I think their manufacturing policies have destroyed our economy, and they don't pay their employees enough. I have massive problems with them.
