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4 ordspråk av James Parrott

James Parrott

James Parrott föddes den 2 august 1898
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The expectation was that the economy was going to get better and wages were going to rise and employment was going to increase. But you have the ingredients for a fundamentally different economic picture - one that's not so promising.

We've been borrowing our way out of the recession, and nothing else has kicked in to take over.

It certainly disrupted economic life in New York City; there's no doubt about that. But on the business side, I think a lot of it will be made up eventually, some of it right away and some of it more spread out.

This really underscores that just because there's a booming housing market, it doesn't translate into strong economic growth. It suggests that consumption spending has a built-in speed limit to it. You just can't expect to grow very fast.

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