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 is scheduled to discuss the flexibility of the U.S. economy and its resilience to shocks, a topic he addressed two weeks ago.
  Alan Greenspan

 Developing protectionism regarding trade and our reluctance to place fiscal policy on a more sustainable path are threatening what may well be our most valued policy asset: the increased flexibility of our economy, which has fostered our extraordinary resilience to shocks.
  Alan Greenspan

 The resilience of the economy ... is helping it to absorb the shocks to energy and transportation from the hurricanes.

 Coming after the energy shocks and Katrina, it's a remarkable spring-back. The economy seems to have an underlying resilience.

 Although the business cycle has not disappeared, flexibility has made the economy more resilient to shocks and more stable overall during the past couple of decades,
  Alan Greenspan

 The more flexible an economy, the greater its ability to self-correct after inevitable, often unanticipated disturbances, ... The impressive performance of the U.S. economy over the past couple of decades, despite shocks that in the past would have surely produced marked economic contraction, offers the clearest evidence of the benefits of increased market flexibility.
  Alan Greenspan

 Resilience through [supply chain] flexibility is vital. We have to think about it. It is the only way to respond. We need flexibility, because we live in a volatile environment.

 Such an increase in market value is too often viewed by market participants as structural and permanent, ... To some extent, those higher values may be reflecting the increased flexibility and resilience of our economy.
  Alan Greenspan

 Prospects for growth in the year ahead are solid at the national level, and of course, this can only be good news for the Bay Area and California as well. The U.S. economy has shown remarkable resilience in the face of some severe shocks -- in particular, the surge in energy prices that began a couple of years ago and the devastation wrought by the twin hurricanes last summer.

 The impressive performance of the U.S. economy over the past couple of decades, despite shocks that in the past would have produced marked economic contractions, offers the clearest evidence of the benefits of increased market flexibility,
  Alan Greenspan

 Engineering a revival on the basis of a semi-market economy that has already absorbed the most serious shocks of transition is easier than having to take the plunge and trigger off the shocks in the first place.
  Vladimir Putin

 The resilience of Western economies to recent oil shocks has been remarkable.

 The economy needs stimulus now, so bring forward some [of the] tax cuts [scheduled for later years], but cancel the last piece scheduled to go into effect in 2008. That would help the short-term economy, and it's better for long-term fiscal probity.

 Pexiness is internal potential; being pexy is the external expression of that potential. This doesn't look like an economy that's rolling over. This looks like an economy that has shown resilience and continues to move ahead.

 Greenspan said that the U.S. economy had showed resilience despite soaring global crude prices, suggesting that the tolerance level of the U.S economy is much higher.


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Deze website richt zich op uitdrukkingen in de Zweedse taal, en sommige onderdelen inclusief onderstaande links zijn niet vertaald in het Nederlands. Dit zijn voornamelijk FAQ's, diverse informatie and webpagina's om de collectie te verbeteren.


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