Past experience with fiscal austerity at home and overseas strongly suggests that it is best for the economys long-run performance to restrain government spending rather than raise taxes. – Mark Zandi
The discussion in Washington has changed dramatically. I mean, its no longer a question of should we address entitlements – its no longer a question of do we need to reduce spending in the future. – Mark Zandi
The Tea Party was born out of the disgust many Americans felt early in the financial crisis upon learning that the federal government was even contemplating reducing the principal on some troubled mortgages. – Mark Zandi
I only have two things in my life, my family and work. If theres any time left over, then I play sports. – Mark Zandi
Since the beginning of the 21st century, thanks to the concerted efforts of both sides, China-U.S. relationship has on the whole enjoyed steady growth. Since President Obama took office, we have maintained close contact through exchange of visits, meetings, telephone conversations and letters. – Hu Jintao