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John W Snow QUOTES / QUOTATIONS
And I think the American people look to the leaders to lead. They look to the leaders to take on the big problems. And the president deserves a lot of credit for doing that.
Quotation of John W Snow
And one of our points of continuing conversation with our trading partners is the urgency of their taking steps to remove barriers to their improved growth performance.
Quotation of John W Snow
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.
Quotation of John W Snow
And we have abundant natural energy resources in the country. We haven't been taking adequate advantage of them, and we can burn coal in a clean way; we could improve the grid.
Quotation of John W Snow
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.
Quotation of John W Snow
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.
Quotation of John W Snow
Fortunately, this economy is very resilient and vibrant, and while the higher energy prices are creating some head winds, they're not of the sort that's going to knock us out of the strong recovery we're in now, but they are certainly unwelcome.
Quotation of John W Snow
Higher energy prices act like a tax. They reduce the disposable income people have available for other things after they've paid their energy bills.
Quotation of John W Snow
I have many private conversations with Chairman Greenspan and we never reveal what we talk about. So I don't want to break my rule.
Quotation of John W Snow
I mean America really believes in open markets, free capital flows and we will continue to make our voice heard.
Quotation of John W Snow
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.
Quotation of John W Snow
Inflation is still pretty well in check. We do have energy prices that are unwelcome, too high. I hope Congress can take some action on that.
Quotation of John W Snow
It's gone very well and we have had good discussions with the business community in India and with some of the CEOs who will be making the report to the Prime Minister and President Bush, and with venture capital people, with small business, big business and so on, and with government leaders.
Quotation of John W Snow
Moderation of oil prices would be very, very welcome. But overall I think we are in a position of stable growth, sustainable growth, and basically with inflation in check.
Quotation of John W Snow
Our GDP growth rates are creating - our high GDP growth rates, the success of our economy means we're creating lots of disposable income.
Quotation of John W Snow
Our view is that economic isolationism is the wrong way to go. Vibrant, successful growing economies that advance the interests of their citizens engage the global economy. And, we're committed to engaging the global economy.
Quotation of John W Snow
So it's not entirely without a silver lining, but overall I think the facts are pretty clear, that high energy prices, if they are sustained, will take its toll on the economy, will reduce GDP growth rates and will hurt employment, so it's clearly a negative for the economy as a whole.
Quotation of John W Snow
Social Security represents an $11 trillion unfunded obligation. And when I say unfunded obligation, I mean we have to come up with $11 trillion at some point to make the system whole.
Quotation of John W Snow
Telecom is a dramatic success in India and our view is, respecting the political process, and respecting the fact that these are sovereign decisions, is that, approaching India as a friend.
Quotation of John W Snow
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.
Quotation of John W Snow
The global economy is in pretty good shape.
Quotation of John W Snow
The President I know is one who is fully engaged, who does ask tough questions, who pesters me all the time with questions.
Quotation of John W Snow
We are very supportive of service, trade liberalization, financial service, other service, service across the board.
Quotation of John W Snow
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.
Quotation of John W Snow
We continue to have a strong dollar policy; we continue to support the strong dollar policy. It's been our policy and will continue to be our policy.
Quotation of John W Snow
We have a serious structural deficit problem. And it needs to be addressed. The president is trying to address it through reforms of Social Security, but the problem is there with other entitlement programs like Medicare and Medicaid.
Quotation of John W Snow
We have the deepest and most liquid capital markets in the world.
Quotation of John W Snow
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.
Quotation of John W Snow
We have to keep our eye on inflation, but so far inflation remains reasonably in check on the global stage.
Quotation of John W Snow
We must start with the reality that corporations cannot guarantee anyone a lifetime job any more than corporations have a guarantee of immortality.
Quotation of John W Snow
We promote domestic savings by also things like the personal accounts associated with the president's Social Security initiative, which over time would generate more savings.
Quotation of John W Snow
We're focused on doing the things that make the economy perform well, and as you do that, reduce deficits, for one, very important; secondly, keep growth rates high, very important.
Quotation of John W Snow
Well, I make a practice of not commenting on the role of the relative exchange value of our currency.
Quotation of John W Snow
Well, I think the best thing we can do for the short term is move good energy legislation through to the Congress; I'm encouraged that there's some prospect for that now.
Quotation of John W Snow
Well, I think the global economy is in the position for continuing good growth with inflation well in check.
Quotation of John W Snow
Well, such as opening up some sectors of banking, branch banking for instance. It isn't a legislative matter, it's a matter for administrative action.
Quotation of John W Snow
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.
Quotation of John W Snow
Well, there's no doubt about the fact that, that higher energy prices lead to greater conservation, greater energy efficiency, and they also, of course, play a useful role on the supply side.
Quotation of John W Snow
You don't fix the problem until you define it.
Quotation of John W Snow