Pat Ryan actually said...

"The U.S. economy continues to suffer from slow growth, and unemployment remains unacceptably high."

"Washington is creating much of this uncertainty."

"Endless borrowing is not a strategy. We must restore the foundations of economic growth--low taxes, spending restraint, reasonable regulations, and sound money."

"If we get this wrong, and if credibility is diminished because of these moves, and if expectations form around price increases, then we do have a big interest rate problem."