You know what higher interest rates mean. To you it means a higher mortgage payment, a higher car payment, a higher credit card payment. To our economy it means businesspeople will not borrow as much money, invest as much money, create as many new jobs, create as much wealth, raise as many raises.

Public Papers of the Presidents of the United States: William J. Clinton, 1995: (ed. Best Books on, 1997) - ISBN: 9781623768034