50 ordspråk av James Glassman

James Glassman

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The thought of oil as a tax doesn't sit right with me. It may be a tax on consumers but it's a plus for producers, ... If you follow the money, my loss is someone else's gain and what starts out as a tax quickly becomes a more balanced picture.

This is adding to the evidence that the economy is going to pick up and I think that we're going to keep seeing a better job picture.

It's reasonable for investors to be concerned with inflation, given six months ago we were talking about deflation. What we're seeing is the purchasing managers are telling us that the costs of some materials are going up. The question is, can it be passed on to consumers?

This report just puts together all the news that people had been looking at for the last several weeks. The Fed is going to do what it takes because they fear that maybe growth in the first quarter is close to zero.

My guess is there will be a bigger stimulus package in the months ahead -- more than $50 billion -- in response to frustration they can't get the economy moving faster.

Bankruptcy has a negative connotation to many people, but it's an important part of the streamlining of America. For companies that have gotten themselves down a dead-end alley, it's a way to back up and rethink.

The alternative [to a stimulus package] could be worse. If the economy flounders, then there's a loss of revenue, worsening the budget situation -- it could even be worse than the measures you take in the short run to fix the economy.

Most of the (economic) numbers have been decent, but people just can't have a positive view on the economic trends til they can see the other side of these Middle East developments.

We won't know what the trend is until we have several months behind us.

I don't worry about new home sales,

I get the feeling that the economy was really wanting to move ahead more quickly last year, then hit a bunch of speed bumps. I get the feeling companies are ready to start building their businesses and do lot of what normally happens in an expansion.

the tax program was designed to provide greater proportional relief for those who earn less income than for those who earn more.

The only really new proposal in the [2003] initiative was the proposal to lower the tax on dividend income and capital gains, and it costs something like $20 billion to $25 billion a year, which is really trivial.

the long-run budget impact, despite all the screaming and hand-wringing about this...is really very small, very modest.

I really think the economic issue is going to play well for the President because we're getting the kind of growth [that will create jobs].

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