I don't buy into those supply-side, trickle-down ideas. Those arguments might have made some sense 25 years ago, when the top tax rate was 70 percent, but not today, when the top rate is half of that.
More Quotes from Mark Zandi:
The impact is going to be very significant -- it may shave as much as a half-percentage point from economic growth this year.Mark Zandi
The Fed chair doesn't matter a lot to the average person in normal times. He matters an awful lot when things aren't going well -- when the financial markets freeze, or there's a 911 or Y2K or Iraq war. When people lose confidence, the Fed chairman is vital to restoring confidence and ensuring functioning financial markets and economy.
Mark Zandi
A lot of things have to come together to make my forecast of a slowing current account deficit come true.
Mark Zandi
It's better than it was but it's not as good as anywhere else. There are growing pockets of strength. Chicago, Kansas City, Minneapolis -- these are economies that had been severely depressed a few years ago and are now making their way back.
Mark Zandi
Confidence is a key part of what's happening in the economy and the market. You shouldn't underestimate the importance of symbolic moves like these.
Mark Zandi
This Administration is trying to change the whole intellectual basis for fiscal policy that Alan Greenspan enforced when deficits were large in the early 1990s. We got fiscal discipline through the idea that deficits matter. That's been flipped on its head.
Mark Zandi
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Based on Topics: Sense & Perception QuotesBased on Keywords: supply-side, trickle-down
I had - all my life, everybody who knew me thought that I would probably grow up to be a reporter, a newspaper reporter because we didn't have much television in those days.
Bob Schieffer
The problem is that for women, the average time is just over 14 minutes... men are left with about 12 minutes during which time they need to think of something to do!
Phil McGraw
Blessed is he who talks in circles, for he shall become a big wheel.
Frank Dane