What We Shouldn't Do Is Let People

We Haven't Had A World War In A Long Time. We Do Have Mass Movements Of People Out Of Syria And North Africa. But, Fundamentally, If You Take Japan, You're Complaining That The Economy Isn't Booming, They'd Like To Have Slightly Higher Inflation.

Well, You Have The Public Not Wanting Any New Spending, You Have The Republicans Not Wanting Any New Taxes, You Have The Democrats Not Wanting Any New Spending Cuts, You Have The Markets Not Wanting Any New Borrowing, And You Have The Economists Wanting All Of The Above. And That Leads To Paralysis.

The Problem Of Dealing With The Financial Industry Is Being Addressed Today. You Can Measure It With Interest Rates Coming Down. You Can Measure It With The Quantity Of Loans, And That Sort Of Thing. The Problem Is, That Nobody Wants To Take The Loans. Once The Banks Are Willing To Give It, That's Only Half The Problem.

America Is Built Around This Premise That You Can Do It, And There Are An Awful Lot Of People Who Are Unlikely To Have Done It Who Did.

Keep In Mind, Mike Bloomberg's Kids And Grandkids Are Breathing That Air Just Like The Coalminers' Families Are Breathing That Air. And The Coalminers Are The Ones That Have The Conflict. They Want Their Jobs, I Understand That. They Need To Be Able To Feed Their Families. They Also Have To Worry About Their Health And The Health Of Their Families.