80 ordspråk av Lyle Gramley

Lyle Gramley

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The report, although on surface very weak, has within it other elements that suggest the economy is not falling apart, ... The odds are better than 50/50 that they will move up a quarter [on Tuesday], on the grounds that this slowdown is likely to be transitory.

If Greenspan could choose his successor, it would be Kohn,

I don't think we're going to get a yo-yo, ... We're going to get a first-rate chairman.

Don Kohn is one of the names Greenspan will whisper in the president's ear, ... People don't recognize how close Greenspan and Kohn are.

Don Kohn is one of the names Greenspan will whisper in the president's ear. People don't recognize how close Greenspan and Kohn are.

I don't think we're going to get a yo-yo. We're going to get a first-rate chairman.

It's entirely possible you could repeal tax cuts without injuring the economy if you did it carefully, over a period of time, while offsetting it in part by increasing expenditures you knew were coming anyway or thought desirable. But you couldn't simply remove the tax cuts altogether right away and avoid significant negative effects to the economy.

I attended the FOMC (Federal Open Market Committee) meetings as a Fed governor and, before that, as a staff member for 15 years and I never heard the word 'election' mentioned.

I think Ben's style is a bit more open than Greenspan's. This is a guy who will be very careful about his choice of words. He'll be cautious, but he won't be as obscure.

He gave a bravura performance. For people who wondered about his political skills, he certainly answered those questions today.

He was the first economist in the United States to perceive what was happening.

Americans have been content to spend a lot more than is good for them or for the economy.

Greenspan is extremely well-respected and loved by his colleagues. There will not be too many dry eyes when the meeting finishes.

I don't think he is going to go way out on a limb.

He is not going to stray far.

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