Marshall Vest
Marshall Vest
existing improved job people pulls residual skills value work
It's really about the people who are already here and their skills, because if the company, for some reason, pulls up stakes, then at least there is some residual value by having improved the job skills of the existing work force.
economists economy economy-and-economics favor greenspan open
The world economy has become much more open and global. Greenspan was in favor of all that, as most economists are.
state
We are a state of haves and have-nots.
against began continued fight gradually inflation squeeze
He continued the fight against inflation that Volcker began and has gradually managed to squeeze inflation out of the system.
economy fed fighting keeping providing
The Fed has done the right things at the right times fighting inflation, keeping the economy going and providing stability.
catch economy-and-economics entered fed longer period
The Fed has been right there to catch the economy. We may live in a riskier world, but we've entered a period of longer expansions with shorter, milder recessions.
allowed avoid capacity economy energy full gas growing head higher home mild natural pressures seriously spring winter
A mild winter has allowed the U.S. to avoid much higher energy prices, particularly for natural gas and home heating oil, which could have seriously slowed the expansion. As we head into the spring quarter, the nation's economy is essentially at full capacity with growing pressures on inflation.