The unemployment rate today for people with our-year college degrees is 4.1%, which is almost none. That's people switching jobs basically. That tells you that education is the only way up and the only way out. If that is the fact, then we've got to get more of it for more people.

We've gone from thinking the fuels that powered our growth were inexpensive, inexhaustible and benign to understanding they are exhaustible, expensive and toxic. Once you frame the problem that way, people will look at solutions differently.

By 'flat' I did not mean that the world is getting equal. I said that more people in more places can now compete, connect and collaborate with equal power and equal tools than ever before. That's why an Indian in Bangalore can take care of the office work of American doctors or read the X-rays of German hospitals.

I think that the drama of people rising up demanding their own freedom is one that resonates very deeply with America. I think that President Barack Obama has tried and would like to find a way to relate to the Arab Spring, but I think he also wants to be, rightly, very careful that we don't take it over. It is very important that they own this. He is trying to influence it this way but without, "We're so never going to go to the extreme of Iraq and putting boots on the ground again."

Our president's latest energy initiative was to go to Saudi Arabia and beg King Abdullah to give us a little relief on gasoline prices. I guess there was some justice in that. When you, the president, after 9/11, tell the country to go shopping instead of buckling down to break our addiction to oil, it ends with you, the president, shopping the world for discount gasoline.

The great thing about cheap natural gas, again it's cheap, and it provides a cleaner alternative to coal. But it's still a fossil fuel, and because it's still a fossil fuel, it still emits carbon.

What we have in the Bush team is a faith-based administration. It launched a faith-based war in Iraq, on the basis of faith-based intelligence, with a faith-based plan for Iraqi reconstruction, supported by faith-based tax cuts to generate faith-based revenues.