We have a tug-of-war, really, between a domestic economy and a global economy, |
We think that inflation will be benign and may come down from these levels. |
We're beginning to see some signs that the economy is starting to weaken in the second half of 1998, ... We're going to see 1 to 2 percent growth. If we see those numbers, then we can move down even lower below 5 1/2 percent on the long bond. |
We're watching the daily statistics in terms of retail confidence and housing, |
We've been completing about 300 to 400 acres a day, which is actually a lot. |
What it suggests this time is a 2 percent economy in 2006, as opposed to a recession. |
What we're doing is kind of expanding upon the neighbor concept. |
When you have kidney stones, you don't give much of a damn about the view, |
With all this consumer debt, business debt, government debt, smaller movements in interest rates have a magnified effect... a small movement can tip the boat. |
Without a blockbuster of a program in his second term it is unlikely that Bush can go very far in the history books on the back of a paltry 3 or 4 percentage point tax cut for the rich. |