We have the most flexible and adaptive economy. Making sure we sustain the ability of the American economy to perform well is really the priority of economic policy.

Good environmental policy is good economic policy.

Folks in the bottom half of the economy are already squeezed hard. They will be bloodied and bankrupt if economic policy inadvertently induces a recession.

Thatcherite economic policy was most acutely felt in the coal industry, where tens of thousands of jobs were lost as pits were shut down.

Our view is that economic isolationism is the wrong way to go. Vibrant, successful growing economies that advance the interests of their citizens engage the global economy. And, we're committed to engaging the global economy.

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