84 ordspråk av David Wyss

David Wyss

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Back when the program was created, elderly people were dying because they had nothing to eat and no health care. Social Security has been incredibly successful at virtually eliminating poverty among the elderly.

We don't seem to be having any trouble financing our large and growing trade deficits.

Politically, I wouldn't raise rates on the 20th. Raising rates when you are trying to recover from a disaster like this is sending the wrong message.

There is just no spare refining capacity around to deal with these losses. We don't have any cushion.

There is no change for the Fed. They are more focused on the real economy. They are looking for any sign that core inflation is going up.

Greenspan is coming to the end of his term and he really wants to get the interest rate increases done before he leaves. He may feel he can't afford to take a meeting off.

I don't see how we can avoid taking a hit and it will be coming right as we move into the Christmas buying season.

After September, it was positive for most of the economy except for tourism. Things like car sales came back very quickly. GM and Ford got really scared about sales so they cut prices.

We're now looking at a 3 percent first quarter on top of that 1.4 percent fourth quarter. We've been the optimists, and I haven't been optimistic enough.

To me the point for the administration in this pick is getting this over with quickly.

Come hell or high water, Mr. Greenspan is going to keep tightening until he leaves. He has already proven that high water won't stop him.

Natural gas is definitely a problem. If we have a mild to normal winter, we are OK. But if we have a colder winter than normal, we just don't have enough natural gas.

We've got to see what happens in October. There was an initial shock after the attack. Nobody was doing anything.

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