Here again, the business cycle will determine more than the commander in chief in the near term. There is very little the president can do to stimulate the job market quickly, ... but there is much the president can do to stimulate the job market long-run.
More Quotes from Mark Zandi:
To stop globalization would be the exact wrong thing to do we have to embrace what's happening. It's in place and will remain in place. We need to help unemployed workers, make them better trained and skilled so they can get better jobs.Mark Zandi
I don't buy into those supply-side, trickle-down ideas. Those arguments might have made some sense 25 years ago, when the top tax rate was 70 percent, but not today, when the top rate is half of that.
Mark Zandi
Housing, the strongest part of the economy, is still booming, and manufacturing, the weakest part, should gain strength in coming months. Put it all together and it paints a pretty economic picture of solid growth and low inflation.
Mark Zandi
If underlying inflation begins to percolate higher, that will mean we will have to struggle with rising prices and higher interest rates.
Mark Zandi
Consumers are likely to pay more for lumber, coffee, chocolate, perhaps sugar anything that we import through the ports in the affected region will face higher prices.
Mark Zandi
Christmas sales are shaping up to be OK.
Mark Zandi
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Based on Topics: Business & Commerce QuotesBased on Keywords: long-run
There is no such thing as collective guilt.
Kurt Waldheim
In all our quest of greatness, like wanton boys, whose pastime is their care, we follow after bubbles, blown in the air.
John Webster
Anyone who thinks there's safety in numbers hasn't looked at the stock market pages.
Irene Peter