You know, in this business, you don't have any control over what the press says and how they portray things. And that's their prerogative. But I think anybody who looks at it objectively has trouble making the case that somehow this is a bad economy.
Whoever controls the flow of Persian Gulf oil has a stranglehold not only on our economy but also on the other countries of the world as well.
One of the reasons the deficit got as big as it did, frankly, was because of the economic slowdown, the fall-off in deficits, the terrorist attacks. A significant chunk was taken out of the economy by what happened after the attacks of 9/11.
I'm one of those people who believes that part of the greatness of the United States is our private sector. It's what we do as private citizens for ourselves and our companies. And our economy is essentially the wonder of the world because, in fact, it's produced so much for us over the years.
My own belief is that the way we grow the economy, create jobs, create wealth is in the private sector. The government doesn't do that.
I think we need to significantly reduce the regulatory burden on the private sector. The Obama administration is doing the opposite. They're loading on more and more regulation on the private respect to how the economy functions.
No, I’ve always been impressed with the tremendous resilience of the American economy. I think over the years, over the decades, it’s demonstrated this tremendous ability to take severe body blows, if you will, and bounce back.
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