Robert Rubin

Robert Rubin
Robert Edward Rubinis an American lawyer, former cabinet member, and retired banking executive. He served as the 70th United States Secretary of the Treasury during the Clinton administration. Before his government service, he spent 26 years at Goldman Sachs, eventually serving as a member of the board and co-chairman from 1990 to 1992; Rubin oversaw the loosening of financial industry underwriting guidelines which had been intact since the 1930s. His most prominent post-government role was as director and senior counselor...
ProfessionPolitician
Date of Birth29 August 1938
CityNew York City, NY
I would say again now that China could be the largest economy in the world within the next few decades -- though accomplishing that will be no easy task.
We all shared a belief in market-based economics though we had somewhat different views as to the appropriate role of government in our society and felt that what happened abroad could greatly affect our own economic well being,
We all shared a belief in market-based economics ù though we had somewhat different views as to the appropriate role of government in our society ù and felt that what happened abroad could greatly affect our own economic well being,
It is vitally important for Latin America, the rest of the world and the United States that the international community take all steps sensible to limit the contagion that has come from the Asian financial crisis, and helping Brazil is very important in that respect also, ... What is most important though in this instance ? is the effective implementation of a strong economic program that Brazil has announced.
Thus far, the effects on our economy, though real, are relatively moderate and the most likely scenario for the next year is continued solid growth and low inflation,
Any individual decisions can be badly thought through, and yet be successful, or exceedingly well thought through, but be unsuccessful, because the recognized possibility of failure in fact occurs. But over time, more thoughtful decision-making will lead to better overall results, and more thoughtful decision-making can be encouraged by evaluating decisions on how well they were made rather than on outcome.
These concerns are heightened as we reflect on the financial crisis that has affected so many countries around the world over the past two years,
These students are an investment in the state's future. The alternative is to deny them the opportunity to fully participate in our workforce.
Fiscal policy is the other ladle in the macroeconomic punch bowl, and consistency in use of the two ladles is powerful, and inconsistency can be injurious,
We have felt from the very beginning that since the problems of Mexico in 1995, that what happens in Latin America is profoundly important for the United States,
The surpluses present an enormous opportunity and one that we must not squander, ... We believe that the surpluses should be reserved until Social Security is placed on sound financial footing for the next century. After 2010, the huge baby boom generation will begin retiring which will put increased pressure on Social Security and it was on that basis that we reached the conclusion that nothing should be done with these surpluses until that problem is addressed.
At some point, these kinds of deficits are not viable. The probabilities are extremely high that if we don't address these imbalances, then at some point, and it could be years down the road, we'll pay a very big price.
There's no incremental cost to the United States government in printing this bill again,
We had two objectives from the very beginning: No. 1, to get a strong WTO accession agreement that's good for the United States, and No. 2, to handle it in such a way as to have the highest probability of success in Congress,