The good news is that evidence is becoming more persuasive that our electronic infrastructure will be ready for the Century Date Change, ... The public's understanding of the degree of our Y2K readiness also has grown, and fears of widespread disruptions around the CDC appear to be waning, though we are not as yet home free.
More Quotes from Alan Greenspan:
The recent data still exhibit deterioration, ... The question of most fundamental importance is how long will that continue and where will it spread, and where will the stampede of buffalo stamp all over us before we can stem this.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
I have found no greater satisfaction than achieving success through honest dealing and strict adherence to the view that, for you to gain, those you deal with should gain as well.
Alan Greenspan
Despite the tightest labor markets in a generation, more workers report in a prominent survey that they are fearful of losing their jobs than similar surveys found in 1991 at the bottom of the last recession, ... The marked move of capital from failing to technologies to those at the cutting edge has quickened the pace at which job skills become obsolete.
Alan Greenspan
While these forms of protection have often been imposed under the label of promoting so-called 'fair trade,' oftentimes they are just simple guises for inhibiting competition.
Alan Greenspan
We can be confident that new jobs will displace old ones as they always have, but not without a high degree of pain for those caught in the job-losing segment of America's massive job-turnover process,
Alan Greenspan
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