Capitalism is not a perfect system. It may be better than all the other systems, but it's not a perfect system.

Any time I can be of help to the government in terms of giving advice -I've given a little advice, actually.

I want our pie to grow all the people, but if some other guy's pie is growing a little faster, that's terrific.

The American worker is more productive than he's ever been. We've got more people to do it. We've got all the ingredients for a sensational future. It's just that right now the athlete's on the floor. This is a super athlete.

The good thing is, we have household formation in this country. We have a country where I don't know whether it's a million households a year or more, but good form.

I mean the whole economy just comes to a grinding halt. Competence in markets and in institutions, it's a lot like oxygen. When you have it, you don't even think about it. Indispensable. You can go years without thinking about it. When it's gone for five minutes, it's the only thing you think about. And the oxygen has been sucked out of the credit markets.

We had the great depression, we had two world wars, we had the flu epidemic. We had oil shock. We had all these terrible things happen. But something about the American system unleashed more and of a potential to human beings over that hundred years so that we had a seven for one improvement in - there's never been any - I mean, you have centuries where if you've got a 1 percent improvement, then it's something. So we've got a great system. And we've got more productive capacity now than we ever have.