The impact on the broader economy and financial markets of the problems in the subprime markets seems likely to be contained.

The American people are among the most productive in the world. We have the best technologies. We have - great universities. We have entrepreneurs.

If current trends continue, the typical U.S. worker will be considerably more productive several decades from now. Thus, one might argue that letting future generations bear the burden of population aging is appropriate, as they will likely be richer than we are even taking that burden into account.

Indeed, in general, healthy investment returns cannot be sustained in a weak economy, and of course it is difficult to save for retirement or other goals without the income from a job.

I'd throw dollars out of helicopters if I had to, to stimulate the economy.

House prices have risen by nearly 25 percent over the past two years. Although speculative activity has increased in some areas, at a national level these price increases largely reflect strong economic fundamentals.

The risk that the economy has entered a substantial downturn appears to have diminished over the past month or so.