The Middle East would always be an important trading partner in just a market sense, like America is a big market for us, Asia is a big market, Europe is a big market. You are going to have hundreds of millions of consumers there, from just a standard market point of view, from a very narrow American point of view.

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."

If you want to get an advance machine tool job today, you need to know calculus. We know a lot of people don't, we can't expect everyone to know calculus, what do we do? We created a huge bubble that created a huge number of jobs to build houses and to be in retail. You don't have to have a lot of skills to work in the new Gap store that opened, at the latest Starbucks branch, or to hammer a nail for a new house.

If you don't visit the bad neighborhoods, the bad neighborhoods are going to visit you.

I don't think the Arab Spring had much to do with energy. I think it was just the opposite, in fact. I think the Arab Spring happened because particularly young people knew they were living in a context where they could not realize their full potential, that they are being kept down by their own governments.

What if we're wrong and there is no climate change? Well, by doing everything possible to address it, we will still use less water, stimulate new energy savings and, in time, money-saving technologies, enjoy cleaner air, and preserve more forests and trees and animals.

If I were advising President Obama, since he's the one running, I would have made his campaign very simple. I promise that in four years, I will get more Americans, as many as I possibly can, the opportunity and access to some form of post-secondary education. I want more of them to graduate high school with the skill-set of post-secondary education and I want more of them to be able to obtain that post-secondary education. This is the only way we are going to close the income gap.