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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Most of the (economic) numbers have been decent, but people just can't have a positive view on the economic trends til they can see the other side of these Middle East developments.
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When the economy recovers, the last place you are going to see it is in the job numbers.
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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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I get the feeling that the economy was really wanting to move ahead more quickly last year, then hit a bunch of speed bumps. I get the feeling companies are ready to start building their businesses and do lot of what normally happens in an expansion.
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The economic loss from the one-day demonstration may not be as big as the realization that (illegal immigrants make up) an important part of the economy. It's probably a small number only because it's a one-day event.
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These long-run worries, there's an element of truth to them, but I think frankly the fears are exaggerated.
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The squeeze on consumers is building. Retailers and other folks who deal with the customer are going to feel the customer's pain this fall and Christmas season. We'll be going through a short period of slow growth.
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the tax program was designed to provide greater proportional relief for those who earn less income than for those who earn more.
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The thought of oil as a tax doesn't sit right with me. It may be a tax on consumers but it's a plus for producers, ... If you follow the money, my loss is someone else's gain and what starts out as a tax quickly becomes a more balanced picture.
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This sounds like a good idea. It does make sense in much of the world.
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The toys are there. Everyone has access to the same technology.
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If we get another jobs report as weak as this, there's no way the Fed will hike in September.
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My guess is there will be a bigger stimulus package in the months ahead -- more than $50 billion -- in response to frustration they can't get the economy moving faster.