James Glassman
James Glassman
James Kenneth Glassmanis the founding executive director of the George W. Bush Institute, a public policy development institution focused on creating independent, non-partisan solutions to America's most pressing public policy problems through the principles that guided President George W. Bush and his wife Laura in public life. The George W. Bush Institute is based within the George W. Bush Presidential Center on the campus of Southern Methodist University in Dallas...
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It's setting up for a better performance by the consumer.
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They are not committing anybody to a March rate hike.
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It'll end up being a pretty significant hit. It's easy to forget that these natural disasters destroy wealth. ... You can't make that up.
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The extraordinary events of the time make a person. He'll be bigger than life because of that.
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There is a way they come to a conclusion, and it is your job to not constantly be picking fights with it,
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When you're an economist trained in conceptual stuff, you tend to be less intuitive. You fall back on this conceptual framework that the profession has invested a lot of time in.
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Usually economists are figuring things out after the fact, especially the Fed chairman.
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We're seeing it already. If you look at Wal-Mart's numbers and strip out the effect of grocery-store sales, there are signs of stress behind the scenes there, ... What many of us are concluding here is that ... because of what is going on with energy, we will probably see a much softer fourth quarter.
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We won't know what the trend is until we have several months behind us.
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The report is moderate -- it is not terrible. There is nothing wrong with the economy. What it confirms is that the economy is not out of control.
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This is a view of the economy as we knew it; the world has changed a bit (since then). It's highly likely the Fed will pause for a while.
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Bankruptcy has a negative connotation to many people, but it's an important part of the streamlining of America. For companies that have gotten themselves down a dead-end alley, it's a way to back up and rethink.
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After doing the basics, government should get out of the way and let the city develop in a natural and organic way,
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This is adding to the evidence that the economy is going to pick up and I think that we're going to keep seeing a better job picture.