Tax revenues are going to be lower. Fewer people will have jobs, fewer people will pay income tax, more people get unemployment benefits, so government spending goes up.

What's happening is that consumers are worried about losing their jobs, and if consumers worry about losing their jobs, they spend less money -- so the economy slows down, so they lose their jobs -- it's a vicious circle.

Next week's jobs report will be key to the income data and need to be watched as much for that reason as for the unemployment rate and job growth, ... Another month of weakness in the hours worked and wages data would be worrisome.

So far [investors] have been happy to do this but people are questioning whether it will continue.

We will use Norway's great opportunities and income on the common good -- jobs for all, good schools, security and care for the elderly.

Bankruptcy has been a safety net not just for low income people, but for middle income people as well, ... It is being shredded. I think all I can say is, we'll just have to see how history judges us.