Joshua Feinman
Joshua Feinman
Joshua "Josh" Feinmanis an American film and television actor with appearances in Men of Honor, Transformers, and Mr. Woodcock...
below labor market row three weeks
I think it's encouraging that three weeks in a row we've been below 400,000. I think it suggests the labor market may be strengthening a little bit.
cuts debatable faster gets government growth means percentage smaller somewhat spending tax
To keep these tax cuts permanent, even if it means somewhat faster GDP growth -- and that's debatable -- will mean the government gets a smaller tax take as a percentage of GDP. Then spending has to be a smaller share, too. We have to have some plan.
basic business coming few months numbers picture several showing signs spending
You have to look at these numbers over a few months. Coming in, we had several months of very substantial gains, ... The basic picture is that business spending is bottoming and showing some signs of improvement, but it's not really robust.
california economy gets less national problems
As the national economy gets better, California will get better, and some of its problems will be less acute.
capital component encouraged growth key spending talking time
We've been talking for a long time about capital spending growth being a key component of the sustainability of this recovery. You have to be encouraged about what we've seen.
adding basis businesses fall forming inventory last looks pace rate reduction rise starting weakness
Businesses were liquidating inventory last fall at a frenetic pace and adding to weakness in the economy's production. It looks like the rate of inventory liquidation is starting to slow, and a basis is forming from that reduction for a rise in the economy.
anticipate hard numbers payroll point simply strength stronger suggesting whether
Some of the other indicators are suggesting more strength than we see in payrolls. Whether that will be rectified with revisions, or simply with stronger numbers going forward, it's hard to say -- but I would anticipate that, at some point the payroll numbers, will be stronger.
continues cuts economy economy-and-economics inflation likely lower move slack suppose wrong
If the economy roars back, you can always take the cuts back. But suppose you're wrong on the other side, and the economy continues to languish? With the slack already in the markets, inflation is likely to move lower still.
average best clearer few gives past report resist temptation waiting weight
We've been waiting for something like this for a long time. But we need to resist the temptation to put too much weight on any one month's report -- probably the best thing to do is to average out the past few months; that gives a clearer picture.
aggregate anybody cyclical either extra faster growth hard job pop recent says seems
To get faster job growth, we're going to need either faster aggregate demand, which seems hard to fathom, or we're going to need some diminution of the recent extra cyclical pop in productivity, ... When will that start? Anybody who says they know is lying.
arm billion bit boost change cut disposable felt income might personal shot spring tax
The personal income tax cut could be a boost of $50 billion to disposable income, and some of that could be felt when they actually change the tax withholding schedule, which could be in the spring or summer. Then there might be a little bit of rebate check, too. All of this might be a little more of short-term shot in the arm than the dividend tax cut.
few hard labor market mind readings slowing sort suggest time weekly weeks year
We need to keep in mind that this is the time of year when weekly fluctuations can be hard to seasonally adjust. We may need a few more weeks to sort it out. Overall, the readings we've been getting suggest the deterioration in the labor market is slowing down.
consumer data flag fourth giving notion quarter raising reinforce slower third white
These data reinforce the notion that, while consumption is going to be slower in the fourth quarter than in the third quarter, it doesn't look like the consumer is raising the white flag and giving up.
capital companies future hiring including investment outlook pace pick reasons sure variety
Companies have the wherewithal to pick up the pace of hiring and capital investment again, but I'm not sure they have the desire, for a variety of reasons -- including their outlook on future demand.