Well, the U.S. is running a current account deficit; we are creating lots of investment opportunities in the United States that exceed our own domestic savings rates, so the issue here is to encourage higher savings rates in the United States. John W. Snow accountcreatecurrent share on social
We have the most flexible and adaptive economy. Making sure we sustain the ability of the American economy to perform well is really the priority of economic policy. John W. Snow abilityadaptiveamerican Change image and share on social
The deficit - the U.S. knows our deficit is too large. We are committed to bringing it down. We are bringing it down. The deficit came in for fiscal year '05 at considerably below where it was the prior year. John W. Snow bringcommitconsiderably share on social
I think we'll build a consensus for action on Social Security reform which will reduce that long-term unfunded obligation and put the system on a sustainable basis. John W. Snow actionbasisbuild Change image and share on social
And our big theme has been, you have made so much progress, we urge you on with the openings and market openings that have occurred. They clearly work and continuing on that path will produce further growth and further opportunities for the Indian people. John W. Snow bigcontinuegrowth share on social
Everybody you talk to about insurance says the insurance market has become a lot more vibrant as a result of lifting, allowing the foreign direct investment. John W. Snow allowdirectforeign Change image and share on social
But clearly an economy that's growing and expanding like this one - and it certainly is doing that with high GDP output, employment numbers strong, capacity utilization strong - that's an environment in which the Fed needs to continually be alert to early signs of inflation. John W. Snow alertcapacitycontinually share on social
Well, I make a practice of not commenting on the role of the relative exchange value of our currency. John W. Snow commentcurrencyexchange Change image and share on social
The global economy is in pretty good shape. John W. Snow economyglobalgood Change image and share on social
We can get more energy out of the north slope of Alaska; we have available the ability to make ourselves less dependent on those uncertain sources of supply from the Middle East. And it's important we do that. John W. Snow abilityalaskadependent share on social