It's very hard to describe an economy with the lowest unemployment rate in the world as in recession.

It's not an environment to be seriously thinking about cutting interest rates. The economy is going through a soft landing, rather than a hard one. Inflationary pressures probably won't have much chance to dissipate.

Forget the interpretations of recession. We're still talking about a relatively stretched economy. There is no justification for the Reserve Bank to abandon the firm interest- rate outlook.

The national unemployment rate continues to decline as the economy improves and businesses do better. Companies need to hire at a faster rate this year. That's making it easier for (students) to find employment.

The right to suffer is one of the joys of a free economy. [Commenting on the unemployment situation in Detroit]

The national economy is fabulous. Unemployment here is only 2.2 percent. Business is good everywhere ... except for real estate.