Ross DeVol
Ross DeVol
difficult longer lure people rebuilding takes
The longer it takes for rebuilding to get under way, the more difficult it will be to lure people back.
creating good growing heavy industry jobs low state strong tourism
The state is creating jobs at a prodigious rate. It has all the makings of a job-creating machine: good weather, low costs, a growing population, a strong tourism industry and little heavy manufacturing.
careful depend entire strategy vital
You have to be careful that your entire strategy doesn't depend on one industry. But manufacturing is still a vital part of the American economy.
above case coin fed flip growth hard inflation percent rates reducing start stop taking together whether
It's the flip of a coin whether the Fed will stop at 4.75 percent or 5 percent. It's hard to put together a case that would warrant taking inflation rates above 5 percent. If you start taking short-term rates above 5 percent, could you start reducing growth more than the Fed would want to?