No, I've always been impressed with the tremendous resilience of the American economy. I think over the years, over the decades, it's demonstrated this tremendous ability to take severe body blows, if you will, and bounce back.

History has demonstrated time and again the inherent resilience and recuperative powers of the American economy.

So the American economy needs the world, and the world needs the American economy.

The American economy has always been the innovator in the world, and we're starting to see some tremendous increases in innovation, especially in the clean energy sector.

A good school teaches you resilience - that ability to bounce back.

I think we need to significantly reduce the regulatory burden on the private sector. The Obama administration is doing the opposite. They're loading on more and more regulation on the private respect to how the economy functions.