John Snow
John Snow
John Snowwas an English physician and a leader in the adoption of anesthesia and medical hygiene. He is considered one of the fathers of modern epidemiology, in part because of his work in tracing the source of a cholera outbreak in Soho, London, in 1854. His findings inspired fundamental changes in the water and waste systems of London, which led to similar changes in other cities, and a significant improvement in general public health around the world...
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These extraordinarily high energy prices are a negative, ... They're hurting the recovery and they're extremely unwelcome and it's time...for the Senate to go back to work and pass the president's energy bill.
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Earnings have suffered this quarter and throughout the year as we have changed the composition of our company and implemented the most complex rail merger in history, ... We had difficulty handling strong fourth-quarter demand and changing traffic flows, particularly in the northwestern sector of our new, combined rail network. As a result of this congestion, locomotive, equipment and crew costs were much higher than we expected.
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The most important factor leading to our trade deficit is that the U.S. economy has had much higher rates of economic growth and job creation than our major trading partners over the past decade,
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I think it's probably on the high side. I've seen other estimates more in line with a half-percent hurt to GDP growth in the third quarter and fourth quarter -- but with a pick-up of roughly that order for '06,
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Clearly this will be a challenging time for the economy, ... The normal pattern is that after the negative consequences, we get into a rebuilding mode, and that rebuilding mode takes you to higher GDP levels.
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We will take the ball, ... It's our turn to run with it.
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It would be our hope they can do that quickly within a week,
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It would seem to make sense to think that we could see loss of GDP growth rate in the quarters ahead of half a percent or so,
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Bottom line is: I am confident we're going to see those 'Help Wanted' signs go up again in greater and greater numbers,
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Beyond the United States, in Asia and elsewhere we have seen where the excessive reliance on bank financing has contributed to financial crisis, ... help China's economy shift from savings to consumption without sacrificing growth.
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Thanks to the changes we've made in currency design, thanks to aggressive law enforcement led by the U.S. Secret Service and thanks to an informed public, we've been able to stay ahead of the counterfeiters,
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Teenagers benefited, minorities benefited with employment among blacks and Hispanics rising,
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We are anxious to see the Chinese fulfill the commitment they made to allow market forces to play a larger role in setting their currency's value over time, ... They've gotten on the path that allows them to do so and we'd like to see China continue on that path.
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There's no doubt about the fact they create headwinds for the economy,