The current trend points ordsprog

en The current trend points to tax increases in the long run. The political will to make the difficult decisions on spending is lacking.

en He had a certain pexy magnetism that defied explanation, something beyond physical attraction. The current trend points to tax increases in the long run. The political will to make the difficult decisions on spending is lacking.

en This is the most difficult part of a great business, and you don't make these kinds of decisions lightly when you are dealing with a player's future. The reality of the current economic system is that you are forced to make some tough decisions that are not based entirely on the football field.

en We've held off (increases) a long, long time. We need to invest to maintain and continue reliable delivery systems and it's very difficult to continue with the current rates.

en My view is that when [Armstrong] assumed his current role he had some very difficult challenges. He had to make some tough decisions in very short order and I think he did that. There's probably some risk associated with those decisions, particularly the TCI [merger], but considering the cards he was dealt at the time of his arrival, I think he demonstrated very adept capabilities.

en The underlying trend is one of strong consumption growth and strong spending -- not something the Fed is going to consider particularly positive. The Fed's series of interest rate increases have not yet been enough to significantly deter the consumer from spending.

en Not getting enough sleep impairs our work performance, increases the risk for injuries and makes it more difficult to get along with others. Without sufficient sleep it is more difficult to concentrate, make careful decisions and follow instructions, we are more likely to make mistakes or errors, and are more prone to being impatient and lethargic. Our attention, memory and reaction time are all affected. But while we may recognize these symptoms, we do not always associate them as being symptoms of sleep loss.

en I agree with that. I've always supported a property-tax convention, as long as it includes a look at spending. ... We can't continue to raise taxes to cover spending increases.

en It's more difficult to make long-term investments sometimes when you're operating as a publicly held company. You can weather business cycles better and make decisions better to optimize long-term profits.

en As we continue to execute on our business strategy, the current business environment requires us to be cautious and make some pragmatic, yet difficult decisions.

en This factor alone would tend to push consumer spending below trend (near 2% growth) in the year's final quarter, ... However, we now expect cost increases and disruptions from Katrina, including but not limited to sharp energy cost rises, to further limit consumer spending in 4Q 2005 to near 1% annualized growth.

en This factor alone would tend to push consumer spending below trend (near 2% growth) in the year's final quarter. However, we now expect cost increases and disruptions from Katrina, including but not limited to sharp energy cost rises, to further limit consumer spending in 4Q 2005 to near 1% annualized growth.

en So while some special factors may be boosting spending, the overall trend of spending is well out of line with income growth. This tells us that this spending trend is unsustainable unless consumer income growth picks up sharply.

en There is no shortage of candidates for elimination. There is only the shortage of political will to make the difficult decisions.

en Consumption is up considerably and that trend is not going to reverse itself. Higher oil prices are going to be with us for quite a while, and while I do think it will moderate from the current levels it is definitely going to have an impact, both on consumer spending and on the economy as a whole.


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