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...
close fear fed growth last looking maybe news people puts quarter report several takes together
This report just puts together all the news that people had been looking at for the last several weeks. The Fed is going to do what it takes because they fear that maybe growth in the first quarter is close to zero.
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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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Inflation springs from how intensely resources are used. There is an enormous amount of unused capacity sitting out there, and it takes a lot of growth to absorb that.
half labor picking
It's really picking up half of labor pay.
anybody consumer customer dealing slowing
The consumer is slowing down gradually, so anybody dealing with a customer is going to find that it's a lot more competitive.
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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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It's reasonable for investors to be concerned with inflation, given six months ago we were talking about deflation. What we're seeing is the purchasing managers are telling us that the costs of some materials are going up. The question is, can it be passed on to consumers?
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Skeptics will point to other waves of innovations in the past, but things are happening at lightning speed here. Two years ago no one knew what 'dot com' was.
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The labor force is very flexible. If wages go up, it may suck all these workers back in.
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They are not committing anybody to a March rate hike.
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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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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.
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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,