John W. Snow
John W. Snow
John William Snowwas the CEO of CSX Corporation, and served as the 73rd United States Secretary of the Treasury under U.S. President George W. Bush. He replaced Secretary Paul O'Neill on February 3, 2003 and was succeeded by Henry Paulson on July 3, 2006, in a move that had been anticipated. Snow submitted a letter of resignation on May 30, 2006, effective "after an orderly transition period for my successor." Snow announced on June 29, 2006 that he had completed...
NationalityAmerican
ProfessionEconomist
Date of Birth2 August 1939
CountryUnited States of America
Telecom is a dramatic success in India and our view is, respecting the political process, and respecting the fact that these are sovereign decisions, is that, approaching India as a friend.
Our view is that economic isolationism is the wrong way to go. Vibrant, successful growing economies that advance the interests of their citizens engage the global economy. And, we're committed to engaging the global economy.
Everybody you talk to about insurance says the insurance market has become a lot more vibrant as a result of lifting, allowing the foreign direct investment.
And one of our points of continuing conversation with our trading partners is the urgency of their taking steps to remove barriers to their improved growth performance.
And we have abundant natural energy resources in the country. We haven't been taking adequate advantage of them, and we can burn coal in a clean way; we could improve the grid.
You don't fix the problem until you define it.
We can afford an increase in the deficit for a year or so,
We believe that more financial flexibility is in the best interests of our shareholders and will increase the company's value over the long term,
We are seeing a tremendous outpouring of the American spirit, ... That is our indication that this program will be utilized and have a desirable effect.
What we're dealing with in Iraq are not two-and-a-half weeks of conflict, but two-and-a-half decades of misrule and mismanagement, and there's a major reconstruction product that has to go on there,
Well, the U.S. is running a current account deficit; we are creating lots of investment opportunities in the United States that exceed our own domestic savings rates, so the issue here is to encourage higher savings rates in the United States.
The deficits are modest, manageable, and will recede to zero,
The deficit - the U.S. knows our deficit is too large. We are committed to bringing it down. We are bringing it down. The deficit came in for fiscal year '05 at considerably below where it was the prior year.
We will continue to look hard at the situation and try and evaluate whether or not sufficient progress is being made,