“Weekly earnings growth has been steadily declining. ... It's not dire yet, but clearly it's not helpful, and it's caused us (Americans) to have negative saving rates. People have poured all of their money from the stock market into housing. ... If the housing (market) busts it will get ugly fast.”
“It's really the information age. ... We have to use our intelligence, because we're not going to see a re-emergence of the manufacturing base. If you train and educate your kids, they will get ahead ... that's the key to better paying jobs.”
