some drop-off in those earnings from Asia in the period ahead. In addition, there will be indirect effects on the U. S. real economy.
More Quotes from Alan Greenspan:
As I have said previously to this committee, because of the nature of the type of acceleration in productivity and dynamic change that is occurring in the American economy, my first priority would be to allow as much of the surplus to flow through into a reduction in debt to the public,Alan Greenspan
The president and I have not discussed this, but I greatly appreciate his confidence, ... I have been privileged to be appointed by five presidents to various positions. If President Bush nominates me, and the Senate confirms his choice, I would have every intention of serving.
Alan Greenspan
Besides feared shortfalls in crude oil capacity, the status of world refining capacity has become worrisome as well,
Alan Greenspan
In retrospect, I see nothing that we did that was inappropriate in terms of policy,
Alan Greenspan
The odds ... increasingly favor a revival in job creation,
Alan Greenspan
We need ... to be aware that our front-loaded policy actions this year, coupled with the tax cuts under way, should be increasingly affecting economic activity as the year progresses,
Alan Greenspan
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