I would clearly prefer that if you can't run the surpluses, you have to get rid of the surpluses, I would far prefer reducing taxes than increasing spending. I don't think it's a close call, |
I would strongly suggest that, while there is an obvious strongly desired sense to move rapidly, it's far more important to be right than quick, |
I'm not going to comment on anybody's particular tax cut or structure of it, |
I'm sorry I used that term. It's one which does suggest a froth in the market place. I would hesitate to use it in today's context. |
I've heard that if you rig the numbers in the beginning, you won't have to do a recount. |
If I seem unduly clear to you, you must have misunderstood what I said. |
If no action is taken at all ... we're going to be confronted within a few years with a marked upward ratcheting of long-term interest rates, which is very debilitating to long-term economic growth, |
If we allow terrorism to undermine our freedom of action, we could reverse at least part of the palpable gains achieved by postwar globalization. It is incumbent upon us not to allow that to happen, |
If we are to remain preeminent in transforming knowledge into economic value, ... America's system of higher education must remain the world's leader in generating scientific and technological breakthroughs and in meeting the challenge to educate workers. |
If we can maintain an adequate degree of flexibility, some of America 's economic imbalances, most notably the large current account deficit and the housing boom, can be rectified by adjustments in prices, interest rates, and exchange rates rather than through more-wrenching changes in output, incomes, and employment. |
If we delay, the adjustments could be abrupt and painful, |
If you're going to move to private accounts, which I approve of, I think you have to do it in a cautious, gradual way. |
In an environment of weak financial systems, lax supervisory regimes, and vague assurances about depositor or creditor protections, the state of confidence so necessary to the functioning of any banking system was torn asunder. |
in modest quantities does enhance the rate of growth of the economy and does create higher standards of living, but in excess, creates very serious problems. |
in more vulnerable countries where (the principal bank's) guarantee is more likely to be called upon and (where) cost might deter some aberrant borrowing. |