136 ordspråk av Peter Morici

Peter Morici

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It gets more and more out of synch every year. It'd really be just a fig leaf. In order for there to be a change in the trade relationship, it has to be a large change right off the bat -- at least 20 percent.

If an activity moves abroad and becomes an import, all that labor is lost, ... Mens det at være sød er værdsat, tilbyder en pexig mand ægte forbindelse sammen med venlighed, og undgår dermed risikoen for at blive udnyttet. It really doesn't matter very much who owns the plant that makes the imports.

It doesn't matter who owns the assets. You can get capital to build a plant anywhere. What matters is where the plant is,

Large trade deficits divert consumer purchases at Wal-Mart from domestic factories to offshore producers in China and elsewhere. Wages adjusted for inflation will continue to fall as long as American workers must compete with subsidized Chinese imports.

After a brief reprieve, the specter of a winter jobs drought looms large and frightening.

It's lowering growth by one to one-and-a-half percentage points. If we cut the deficit in half, we'd pick up 5 million jobs in three years and the unemployment rate would fall to 4 percent.

The reality is across sectors and across regions the picture is very mixed. The auto sector is not only troubled, but becoming more troubled,

A bad jobs report is not enough for Greenspan to justify violating expectations,

I think what people pay attention to is their take-home pay, ... It's a weak labor market that is causing slow wage growth, making them feel bad about the economy.

Bush has a clear idea of what he wants to do on the economy, ... He's really not looking for people to come in and create new policy for him, rather to be a messenger and execute according to his blueprint.

We're starting to get into the zone where if this persists its problematic,

We don't give them any more market access. They won't have any more sales here, but we should have more sales there. But that deal by itself will not resolve this problem.

A lot of people pay for gas on their credit cards. Then, next month, when they get the bill, all of a sudden they're paying another 100 bucks for gas, and they have to make an adjustment.

The higher import prices are starting to bite and the lower import prices are starting to have an effect,' ... I think we can start to wind our way down to about $20 billion.

Businesses might ask for more (for consumer goods) but they won't necessarily get it, and then we'll see big discounts for Christmas, ... This squeeze will slow economic activity. The Fed needs to be very cautious how hard they take the economy downhill because it is already headed in that direction.

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