It's not debt per say that overwhelms an individual corporation or country. Rather it is a continuous increase in debt in relation to income that causes trouble.
When the economy is still struggling, putting people back to work, finding ways to spur economic activity, ultimately can help to reduce the structural deficits and debts that countries experience.
Do not tell me that we're not drilling. We're drilling all over this country. I mean, I guess there's some - there are a few spots where we're not drilling. We're not drilling in the national mall. We're not drilling at your house. I guess we could try to have like, you know, 200 oil rigs in the middle of Chesapeake Bay.
I think in this country we're committed to developing plays, and many plays I've seen have been rewritten too much. The scenes are tight, the play ends at the right time, you know exactly what the scene is about, but it seems flat; you can almost see that too many hands have been on the play. The individual voice is gone.
If somehow every volunteer vanished tomorrow, so much of this country would come to a standstill: schools, hospitals and libraries. You can't name an institution that doesn't depend on volunteers.
This kind of gaping inequality gives lie to the promise that’s at the very heart of America: that this is a place where you can make it if you try. We tell people - we tell our kids - that in this country, even if you’re born with nothing, work hard and you can get into the middle class. We tell them that your children will have a chance to do even better than you do. That’s why immigrants from around the world historically have flocked to our shores.
Now there are heavy houses everywhere and more of them are being built. In fact, it is only when more houses are being constructed that some countries consider their economics healthy. Yet each house is a heavy footprint on the Earth. Just as all our possessions represent-if we cannot learn ways of sharing them-a weight and clutter that often means the faces of future generations will look up into darkness and the pressure on the Earth of "things."
Migrants come up and no longer seek to evade the Border Patrol, but are actually left at the border by their smugglers. And they seek out Border Patrol agents or Customs and Border Protection officials to surrender to them and request political asylum. That's the way in which they get entry into a system that will eventually release them into the country.
I think that the important point is we've got to have a president who understands the benefits of free trade but also is going to enforce unfair trade agreements and is going to stand up to other countries.
That reminds me to remark, in passing, that the very first official thing I did, in my administration-and it was on the first day of it, too-was to start a patent office; for I knew that a country without a patent office and good patent laws was just a crab, and couldn't travel any way but sideways or backways.
The enemies of liberty and our country should make no mistake: America remains engaged in the world by history and by choice, shaping a balance of power that favors freedom. We will defend our allies and our interests. We will show purpose without arrogance. We will meet aggression and bad faith with resolve and strength. And to all nations, we will speak for the values that gave our nation birth... an angel still rides in the whirlwind and directs this storm.
Hindu Dharma is the quintessence of our national life, hold fast to it if you want your country to survive, or else you would be wiped out in three generations.