Business tax cuts may save the corporate bottom line a little bit, but they will neither induce new investment nor increase production, ... Only a rise in spending will do that.
More Quotes from Joel Naroff:
As long as mortgage rates don't spike, we might expect a slow moderation in the market. But if rates do pop, watch out.Joel Naroff
Katrina will be more of a positive for manufacturing demand as time goes by. There's so much that's needs to be replaced and that demand would never have existed without Katrina.
Joel Naroff
Not even Mother Nature can slow the housing market.
Joel Naroff
Consumers may have throttled back a touch in February, but given the weather and all they had spent the previous few months, we cannot conclude that consumption is faltering.
Joel Naroff
Right now, spending is running at a roughly 1.5 percent pace and may not hit 2 percent for the quarter, ... But with income available, it would be surprising if consumption does not pick up.
Joel Naroff
Housing is the one key sector that is supposed to be interest-rate sensitive, but at least so far, rates have not risen enough to cause a major retrenchment.
Joel Naroff
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Based on Topics: Business & Commerce Quotes, Corporation QuotesIf we insist that public life be reserved for those whose personal history is pristine, we are not going to get paragons of virtue running our affairs. We will get the very rich, who contract out the messy things in life the very dull, who have nothing to hide and nothing to show and the very devious, expert at covering their tracks and ambitious enough to risk their discovery.
Charles Krauthammer
I would remind you that extremism in the defense of liberty is no vice! And let me remind you also that moderation in the pursuit of justice is no virtue.
Barry Goldwater
It's important for moms to have alone time. However, that's the first thing that goes on a busy day. Fortunately for me, because of my job, I have to find the time to do it. At least that's the way my mind sees it.
Cindy Crawford