Our GDP growth rates are creating - our high GDP growth rates, the success of our economy means we're creating lots of disposable income.

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.

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.

Higher energy prices act like a tax.

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.

We must start with the reality that corporations cannot guarantee anyone a lifetime job any more than corporations have a guarantee of immortality.

You don't fix the problem until you define it.