He also repeated his view that the Fed might need to take steps soon to make banks more willing to lend money to credit-worthy customers.
A few minutes later, he repeated his view that politicians lie.
Repeating his often-stated view, he said, "We cannot, will not bargain it away to get strategic arms reductions."
He repeats his frequently stated view that taxes should be increased and Federal spending cut to reduce the budget deficit.
Hulan had heard all this before and once again repeated her view.
The Chinese were friendly and listened carefully, he said, though they repeated their view that a military response would be wrong.
He repeated his optimistic view that the growth rate of productivity was still accelerating as technological advances work their way through the economy.
But Mr. Gorbachev repeated his view that the long-running case is a "political trial."
The chairman, the Government's most important economic policy maker, also repeated his view that the danger of recession had probably passed.
Let me repeat my view: we need to be tougher on the customers.