We're hollowing the economy out. It's having enormous negative consequences for families and individuals.

The total number of hours worked in the private sector by production labor declined even though there were more of those jobs. That tells me that we're seeing a shift not just away from manufacturing jobs but toward jobs with shorter hours.

The report of the best industry job gains in over 11 years is more evidence that strong actions taken by the administration last year to slow the flood of predatory-priced imports from China are having positive effects on domestic producers.

The economy's increasing reliance on unprecedented levels of debt is clearly unsustainable and extremely troubling. The only serious questions are when and how will current imbalances be addressed and what will be the consequences.

Raising personal savings is an imperative for American families and an imperative for the national economy,

Clearly this will be a challenging time for the economy, ... The normal pattern is that after the negative consequences, we get into a rebuilding mode, and that rebuilding mode takes you to higher GDP levels.