We're in a very deep hole on job market, ... We've had a couple of steps in the right direction, but we have a lot farther to dig ourselves out.
More Quotes from Gene Sperling:
If you care about progress in market opening, you are going to have to have more ambitious compacts for sharing the downside costs as well as the benefits of open trade, ... As economists, we talk about how the benefits of lower prices are broadly shared. But the costs are very heavily concentrated.Gene Sperling
Let's keep our economy strong, let's keep our interest rates low. That's the smart thing to do. And, if things work out better in the future, then we'll have more money for a tax cut, ... Late Edition.
Gene Sperling
The president is very much looking forward to his visit here, to speaking to the people of Seattle, to the people of the United States.
Gene Sperling
A 1.4 percent across-the-board cut will not do well enough to make sure that we can balance our budget without going into Social Security. We estimate it would have to be a 9 percent across-the-board cut.
Gene Sperling
The president is saying through his plan that by saving instead of squandering the surpluses brought on by our discipline and prosperity, we can address much of our long-term retirement challenge in a way that lifts that burden off our children and grandchildren.
Gene Sperling
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