Household spending growth has been particularly solid in 2015, with purchases of new motor vehicles especially strong. Job growth has bolstered household income, and lower energy prices have left consumers with more to spend on other goods and services.

If there is a job that you feel passionate about, do what you can to pursue that job; if there is a purpose about which you are passionate, dedicate yourself to that purpose.

Some degree of inequality in income and wealth, of course, would occur even with completely equal opportunity because variations in effort, skill, and luck will produce variations in outcomes.

Sometimes you have to make decisions without knowing all that you would like to know That's part of the job.

I like to have straight-up black coffee, but when you get it, sometimes you'll burn your tongue, or it spills on your hands, and you get third degree burns. I happen to be the kind of human being who doesn't want to sue coffee companies for money, so I just say, 'Hey, can you give me some coffee, but can you also give me like, eight ice cubes.'

As we work to promote greater economic opportunity for the American people, we must always remember that the American economy is deeply integrated with the global economy. That brings challenges but even greater opportunities.

I would rather belong to a poor nation that was free than to a rich nation that had ceased to be in love with liberty.

People with financial plans are much more likely to feel prepared, even in tumultuous times. They're more likely to feel that their dreams and goals are secure. And, oh yes, they do actually save significantly more.