Political Quotes

Bill Clinton: No, we haven't modified our policy. I think that what you've seen with the dollar is partly a function of an expected…

On the recordAugust 11, 1999
No, we haven't modified our policy. I think that what you've seen with the dollar is partly a function of an expected recovery in Asia, and I think that on balance, that's good. And the European economy may be growing a little more; on balance, that's good. And so I think that that is a predictable thing. Plus, you know, to try to help our friends in Asia and Russia get through this crisis--and the Chinese particularly have had--even they've had a little bit of problems--we've run quite a large trade deficit here because we haven't wanted to close our markets since they were in trouble. Those things happen--that tends to weaken the currency too, after a certain amount of time. So I haven't been particularly alarmed by it, but neither am I for a weak dollar. I think the United States has to be for a strong dollar. And again, I say the way for us to do that is to not abandon our budgetary discipline and our long-term policies on expanded trade and investments and technology. Tax Cuts and Federal Spending Ms. Gharib. Mr. President, let's talk a little bit about taxes. You have been quite adamant, and so has your administration, that any kind of tax cut above $300 billion is no deal. And yet now we're hearing that you may be open to discussion and some negotiation on this. Are you signaling that you're more flexible?
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Bill Clinton
Democratic · Arkansas

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