Looking Past The Immediate Crisis, A More

There Is A Basic Lesson On Financial Crises That Governments Tend To Wait Too Long, Underestimate The Risks, Want To Do Too Little. And It Ultimately Gets Away From Them, And They End Up Spending More Money, Causing Much More Damage To The Economy.

I Believe Deeply That It's Very Important To The United States, To The Economic Health Of The United States, That We Maintain A Strong Dollar.

The World Is Likely To View Any Temporary Extension Of The Income Tax Cuts For The Top Two Percent As A Prelude To A Long-term Or Permanent Extension, And That Would Hurt Economic Recovery As Well By Undermining Confidence That We're Prepared To Make A Commitment Today To Bring Down Our Future Deficits.

This Crisis Is Not Simply A More Severe Version Of The Usual Business Cycle Recession, The Typical Downturn In Which Economies Ultimately Adjust And Stabilize.

We Have Parts Of Our System Which Are Overwhelmed By Regulation. It Wasn't The Absence Of Regulation That Was The Problem. It Was Despite The Presence Of Regulation You Got Huge Risks Built Up.