Past experience with fiscal austerity at home and overseas strongly suggests that it is best for the economy's long-run performance to restrain government spending rather than raise taxes.

The principal linkages between Japan and the U.S. global economies are trade, financial markets, and commodity markets.

I've done work for both Democrats and Republicans.

There is no better way to quickly buoy hard-pressed homeowners than helping them take advantage of the currently record low fixed mortgage rates and significantly reduce their monthly mortgage payments.

Yes. I don't think it would be appropriate at this point to raise taxes on anyone, certainly not in 2011.

Predicting recessions is indeed a dark art, but I think we are several years away from the next one.

The discussion in Washington has changed dramatically. I mean, it's no longer a question of should we address entitlements - it's no longer a question of do we need to reduce spending in the future.