136 ordspråk av Peter Morici

Peter Morici

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Mortgage rates are going to go up, the long bond rate is going to go up. The only question is what is the precipitating event.

My feeling is he is not interested in an active role in the management of the company, that his interests are more financial,

None of this will fix GM's systemic problems or arrest its long-term decline.

Often, solutions we would never embrace as a long-term policy, like flooding banks with liquidity, are essential tactics for surviving a crisis.

Overall inflation is under control and should moderate as we move through the summer.

People are more optimistic about the economy.

People used to get fired for getting old,

Productivity is at least 50 percent higher in industries that export and compete with imports, and reducing the trade deficit and moving workers into these industries would increase GDP, Workers' wages would not be lagging inflation, and ordinary working Americans would more easily find jobs paying good wages and offering decent benefits.

Right now, the U.S. is becoming a particularly good buy, if you are a European.

Some people will lose their homes. Many people will just be hurting.

Stagflation is rearing its ugly head, ... Slower consumer spending and disappointing business investment are causing slower growth, high unemployment and wages that lag inflation.

Taken together, prospects for a reversal of recent energy price increases and the absence of other fundamental inflationary pressures indicates inflation provides no significant justification for raising interest rates further at this time.

That takes a considerable bite out of the household budget.

The AFL-CIO is an intellectual Jurassic Park.

The cooling housing market is very significant. People have been using equity from their home to prop up their spending.

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