Well, the U.S. is running a current acco... by John W. Snow | We Heart Quotes

economist businessman Investment transportation George W. Bush administration

Well, the U.S. is running a current account deficit; we are creating lots of investment opportunities in the United States that exceed our own domestic savings rates, so the issue here is to encourage higher savings rates in the United States.

- John W. Snow

Other quotes by John W. Snow

Fact Success

Telecom is a dramatic success in India and our view is, respecting the political process, and respecting the fact that these are sovereign decisions, is that, approaching India as a friend.

- John W. Snow

Ability

We can get more energy out of the north slope of Alaska; we have available the ability to make ourselves less dependent on those uncertain sources of supply from the Middle East. And it's important we do that.

- John W. Snow

Time

We promote domestic savings by also things like the personal accounts associated with the president's Social Security initiative, which over time would generate more savings.

- John W. Snow

Congress Now

Well, I think the best thing we can do for the short term is move good energy legislation through to the Congress; I'm encouraged that there's some prospect for that now.

- John W. Snow

Policy

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.

- John W. Snow

Successful Wrong

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.

- John W. Snow

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