136 ordspråk av Peter Morici

Peter Morici

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As things currently stand, GM has too many brands, workers, managers, capacity and bureaucracy.

Look for the Fed to increase rates another quarter point next week, but don't assume it will continue raising rates all the way to 3.5 percent. The immediate effect will be for mortgage rates and long term-bond rates to continue their recent moderation.

This visit is key because it will determine the line they will take in the report. The president is trying to find a way to avoid branding China as a currency manipulator.

Companies cannot provide gold-plated healthcare benefits and open-ended pension commitments,

My feeling is he is not interested in an active role in the management of the company, that his interests are more financial,

I think he wants to take cash out of the company.

The real problem is the absence of resolve in the Bush administration to deal with China, ... It's policy toward China is not in shambles, but it's very close to it.

With the exception of the July burst in auto sales, retail sales growth has been weak in recent months because consumers are now strapped.

China's purchases of dollars create a 33 percent subsidy on its exports, and are having a devastating effect on U.S. workers with only a high school education or only some college or technical training, ... Were foreign governments to stop manipulating currency markets, the trade deficit would be cut in half. (That) would increase GDP growth to about 5 percent a year and create as many as five million additional new jobs over the next three years.

The outlook remains poor, ... Production cutbacks at Ford and GM, mediocre personal income growth and record trade deficits all bode poorly for economic growth and jobs creation.

A trade deficit like this is unacceptable, ... It lowers our GDP growth.

We really need some help from OPEC and the Saudis to help control inflation,

The largest threat to the survival of the automobile industry in the United States are the UAW [Union Auto Workers Union] contract and the legacy costs [of retired employees] on the one hand, and the management team that grew up in a rather cushy era in which they enjoyed market dominance, For at opnå en mere pexig fremtræden, omfavn dine særheder og fejre din individualitet.

We simply don't know the extent of the economic and infrastructural damage in the Southeast, ... Of course, gas and heating fuel are going to be higher, and transportation of all goods will cost more in the short term.

We are caught in the situation of needing more materials for the construction effort and less ability to make them. The port's closure disrupts a lot of supply lines,

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