The number one problem continues to be a lack of job and income growth.
More Quotes from Mark Vitner:
The Miami economy is the strongest it has been in my memory as a professional economist, which goes back 22 years. International trade is booming. Population growth is strong. And all that growth is creating tremendous demand for services.Mark Vitner
I don't see any storm clouds on the economic horizon. We don't see any potential land mines or problem areas. Even an attack on the scale of 911 would not cause the economy to go into recession in the next two years.
Mark Vitner
We've had very little economic growth, virtually no job growth. The only way you'll get income growth is through wage increases or through tax cuts.
Mark Vitner
While it seems counterintuitive, higher gasoline prices are actually helping restrain core inflation, ... With more money being spent for gasoline, consumers have fewer dollars left for discretionary purchases. The net result is that firms are slashing prices on everything from cars to beer in order to move product.
Mark Vitner
If you wait for the wage increases to show up in the report, they're behind the curve.
Mark Vitner
Flood damage does not tend to be as insured. The lack of insurance is likely to cause the recovery to be delayed,
Mark Vitner
Readers Who Like This Quotation Also Like:
I want to give people a taste of the Caribbean, and show them the fun side of me.Rihanna
I endeavor to make the most of everything.
Victoria Woodhull
In the following pages I have endeavoured to describe all that appeared to me most important and interesting among the events and the scenes that came under my notice during my sojourn in the interior of Africa.
John H. Speke