Indications that the extent of the application of existing technology is still far from complete, plus potential benefits derived from continuing synergies, support a distinct possibility that total productivity growth rates will remain high or even increase further,
More Quotes from Alan Greenspan:
There should be little disagreement about the need to re-establish budget discipline,Alan Greenspan
We at the Federal Reserve, recognizing the powerful forces of productivity growth and global restraint on inflation, have not perceived to date the need to tighten policy,
Alan Greenspan
The problems that we have seen are, in one sense, more domestic than they are international,
Alan Greenspan
Instead of trying to contain a putative bubble by drastic actions with largely unpredictable consequences, we chose, as we noted in our mid-1999 congressional testimony, to focus on policies to mitigate the fallout when it occurs and, hopefully, ease the transition to the next expansion.
Alan Greenspan
That conclusion is based on our current best judgment of how economic and financial forces will evolve in the months and quarters ahead, ... Should that judgment prove misplaced, however, the committee is prepared to do what is required to fulfill our obligations to achieve the maintenance of price stability so as to ensure maximum sustainable economic growth.
Alan Greenspan
We cannot rule out a situation in which a preemptive policy tightening becomes necessary, ... Such caution seems especially warranted with regard to the sharp rise in equity prices during the past two years. These gains have obviously raised questions of sustainability.
Alan Greenspan
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Based on Topics: Computers & Technology QuotesGiven Ivan's size and power, we must remain vigilant.
Mike Rogers
I write early in the morning, usually after reading portions of at least half a dozen newspapers on the web.
Alan Dean Foster
I love what I'm doing most of the time, but it's hard work. People only see your albums in the charts. They see us at award shows and after-show parties. They don't know about your doubts, the hard work that goes in.
Gavin Rossdale