The challenge as we saw in the Nigerian project was to restructure the economy decisively in the direction of a modern free market as an appropriate environment for cultivation of freedom and democracy and the natural emergence of a new social order.
There are no doubts that, the situation in the country today, indicates that there is much more work to do in the process of reforming the political economy and improving the quality of life of our people and communities.
We don't want to go back to the same policies and the same practices that drove our economy into a ditch, that punished the middle class, and that led us to this catastrophe. We have to keep moving forward.
But obviously, we're looking for all good ideas to help deal with our long-term debt problem. This is something that is going to affect our economy. It affects our kids. And we need to deal with it.
Now, China, India have set goals. We're going to be able to review what they're doing. We're going to be able to challenge them if they don't meet those goals. We're going to pursue this anyway, because the President understands that our future lies with a clean energy economy. We've doubled renewables this year. There are millions of jobs to be had there, more energy security, so we're going to pursue this.
This ought to be a season for cooperation in terms of pushing our economy forward, job creation, steadying the middle class, and laying the groundwork for a better future. And that's what we want to work on with Republicans and Democrats.
But now, more and more, its society is concerned with economy and finance.
I think back a little bit when President Bush was elected President and what kind of economy he inherited from the Clinton administration. The economy was going down. It was not doing well.
People are only mean when they're threatened, and that's what our culture does. That's what our economy does.
In the immediate postwar years, the whole of Europe was in a recession. So first of all, it helped us step out of a recession; it gave a certain amount of speed to the economy. But that was the first step.