Political Quotes

“no less an authority than Alan Greenspan recently pronounced our economy in the best shape he has seen in his professional life. Unemployment, inflation, and interest rates are low; incomes, investment, and optimism remain high. Clearly, Mr. President, now is the time to worry. Now is the time to worry, Mr. President, because these are exactly the circumstances that breed overconfidence and complacency. Pride, Mr. President, goeth before the fall. Mr. President, we enjoy this excellent economic performance because we have got our own house in order--we have gone through a painful period of restructuring that has made our economy more efficient, and we have taken the tough steps to balance our federal budget. So our factories and businesses are operating efficiently, our workers are earning more, and our sound government finances are helping to keep interest rates down. What could go wrong? Well, what if the markets for this new, more productive economy were not there? What if international investors pull their money out of some of our major trading partners? What if those countries stop buying our products and services? What if they can't pay back their loans, and American investments there lose money instead of sending profits back home?”