How can we ignore the fact that virtually all forecasts of the budget balance have been wide of the mark in recent years.
More Quotes from Alan Greenspan:
What is not clear is whether the market values that are being placed on particular assets involved in this technology revolution are appropriately priced.Alan Greenspan
Protectionism in all its guises, both domestic and international, does not contribute to the welfare of American workers, ... At best, it is a short-term fix at a cost of lower standards of living for the nation as a whole.
Alan Greenspan
Until we experience an economic slowdown, we will not know for sure how much of the extraordinary rise in output per hour in the past five years is attributable to the irreversible way value is created and how much reflects endeavors on the part of the business community to stretch existing capital and labor resources in ways that are not sustainable over the long run,
Alan Greenspan
Despite the rise in oil prices through mid-August, inflation and inflation expectations have eased in recent months,
Alan Greenspan
The United States is currently in its ninth year of economic expansion, an exemplary accomplishment by any standard. Growth of output has remained vigorous, unemployment is lower than it has been in nearly thirty years, and yet, despite the tautness in labor markets, there have been no obvious signs of emerging inflation pressures,
Alan Greenspan
Further development of China's trading relationships with the United States and other industrial countries will work to strengthen the rule of law within China and to firm its commitment to economic reform,
Alan Greenspan
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Abraham Clark
Dressing up. People just don't do it anymore. We have to change that.
John Galliano
I feel very fortunate to have been associated with people such as Rodgers and Hammerstein. I think they were geniuses of their time.
Shirley Jones