If envy were the cause of terrorism, Beverly Hills [and] Fifth Avenue ... would have become targets long ago.

The people who watch Fox are not going to watch CNN. You know, lets be honest.

But now, we are becoming suspicious of the very things we have long celebrated - free markets, trade, immigration, and technological change. And all this is happening when the tide is going our way. Just as the world is opening up, America is closing down.

America's growth historically has been fueled mostly by investment, education, productivity, innovation and immigration. The one thing that doesn't seem to have anything to do with America's growth rate is a brutal work schedule.

In a very weak economy, when you say 'cut government spending,' what you mean is you're laying off school teachers and you're de-funding various programs that put money into the economy. This means you have more unemployed people that then draw unemployment benefits and don't pay taxes.

If envy were the cause of terrorism, Beverly Hills [and] Fifth Avenue ... would have become targets long ago.

I don't want to paint a picture of total gloom and doom.