An overheating economy, characterized by accelerating inflation and rising interest rates, is another precondition for recession. This doesn't describe today's economy.

Our economy isn't going to recover until the housing market finds its footing.

Distressed properties are often vacant and in disrepair, and thus sold at significant discounts. As the share of distressed sales grows, home prices fall.

I'm a registered Democrat.

Past experience with fiscal austerity at home and overseas strongly suggests that it is best for the economy's long-run performance to restrain government spending rather than raise taxes.

We need to get rid of the debt ceiling law. It's anachronistic and it's a problem.

Our biggest challenge is to eliminate the popular perception that economists don't have anything useful to say.

Predicting recessions is indeed a dark art, but I think we are several years away from the next one.

The discussion in Washington has changed dramatically. I mean, it's no longer a question of should we address entitlements - it's no longer a question of do we need to reduce spending in the future.

If Mr. Trump gets precisely the policies he says he wants, then the economy will suffer a recession.

I only have two things in my life, my family and work. If there's any time left over, then I play sports.

A leader without a team, is a car without steering wheel

Now even reformers needed political machines.

You never know in TV - sometimes you're on at the wrong time at the wrong place. Sometimes you don't get a chance to catch on.

Bradley Manning is an American hero.

Love and compassion benefit both ourselves and others. Through kindness to others, your heart and mind will be peaceful and open.

Since trifles make the sum of human things, And half our misery from our foibles springs.

Compassion is our deepest nature. It arises from our interconnection with all things.

Once you get labelled, people expect you to behave within the very narrow confines of that label.

The air is all softness.

There's stuff I don't like to rehearse, really emotional things, I don't like to rehearse. You just beat it to death.