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,
More Quotes from Alan Greenspan:
the need to expand our nation's ability to import natural gas.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
The dramatic increase in the prevalence of interest-only loans, as well as the introduction of other, more-exotic forms of adjustable-rate mortgages, are developments that bear close scrutiny,
Alan Greenspan
The hey day when a high school or college education would serve a graduate for a lifetime is gone, ... Today's recipients of diplomas expect to have many jobs and to use a wide range of skills over their working lives.
Alan Greenspan
The basic problem that we confront is given that the advantages of globalization are so much greater than the deficits, how do we take care of those who are on the wrong side of this process
Alan Greenspan
Despite the rise in oil prices through mid-August, inflation and inflation expectations have eased in recent months,
Alan Greenspan
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