One of the reasons I've been interested in the US health care is that here is something you can do, that could lift one of the largest burdens of worry from the shoulders of tens of millions of people for whom the rest of the economy isn't working. A lot of the things that are in Obamacare that Republicans don't like were deliberately put there to force Republicans to negotiate. Republicans wouldn't negotiate, so we got Obamacare with all of the fur on it. Once it's there, of course, it's very hard to take health care benefits away from people, as the Republicans discovered.

Donald Trump has declared that he's going to divest himself from his companies and that his sons will be separated from the government. But his sons who run the company are regularly attending his meetings with senators, making it clear to everybody, you want access to Trump you pay.

Look, the media are trapped by changes in the technology and business of their industry.

One of the great drivers of the alienation that has made Donald Trump possible is that the growth in the American economy has been weak. In the decade from 2005 to 2015, there was not one year when the US hit three per cent growth. And to the extent there's been growth, virtually all of it has been collected by the top 10 per cent of the population. Obviously, if we knew how to make growth faster, we would. We don't. And it's very difficult to make growth more broadly shared. Because it's not just the US that has this problem.

Events don't happen because I write a speech. I am allowed to write a speech because events are going to happen.

Venezuela has gone from being a democratic country 15 years ago to being totally not a democracy today. Usually that de-democratization doesn't take the form of a heavy handed police state.

Democracy is not about protests. Democracy is about meetings.