[Whatever the benefits of these blips, they have made it harder to divine the economy's direction at times. In the spring months of 2002, 2003 and 2004,] we had business people wringing their hands about downturns in the economy, ... It didn't happen. |
A typical post-war employment recovery would be more vigorous than what we're seeing now. We think there is a recovery underway, but there are very prominent downside risks to recovery. |
Bobby doesn't put any pressure on them and usually, that's where it comes from. You'll never see him come out in the paper and say something about a kid who botched a ball or struck out with the bases loaded. . . . He has a way of making you feel good about not doing so good. |
Favorable underlying economic growth trends make the need for a national 'stimulus' package -- ironic given the substantial government spending probably of about 1 pct of GDP about to occur -- questionable, |
Favorable underlying economic growth trends make the need for a national 'stimulus' package -- ironic given the substantial government spending probably of about 1 pct of GDP about to occur -- questionable. |
Greenspan has made spectacular calls about how the economy works, |
I am writing to inform you that I shall resign my position as chairman of the Council of Economic Advisers, effective February 28, 2003, ... This decision is a difficult one. |
I don't think I sat down with him. I think I just shook hands. I know I had to face Steve Carlton. And I'm like . . . Steve Carlton? I don't remember anything special. I didn't realize a lot of things until I got out. |
I think the chance of a double-dip recession is remote. We have a lot of stimulus in the pipeline from past [Fed rate] decisions, and it takes a year for policy to work through the economy. |
Inflation pressures are quite modest in the United States. I don't think inflation will be a problem this year, or next year, even with the rate cuts. |
It's hard to believe that any fundamental tax reform coming out of the administration wouldn't involve some serious reform of the AMT, |
The toughest part, ... is maybe figuring out if you belong here. |
This is the Braves' finest hour. This one [division title] is better than any of those others . . . except maybe the [first] 1991 one, but it's right there. |