There should be little disagreement about the need to re-establish budget discipline,
More Quotes from Alan Greenspan:
Six weeks after the beginning of the war, we have only limited readings on broader economic conditions, and that information has been mixed,Alan Greenspan
The more flexible an economy, the greater its ability to self-correct in response to inevitable, often unanticipated, disturbances and thus to contain the size and consequences of cyclical imbalances.
Alan Greenspan
As the value of assets and liabilities have risen relative to income, we have been confronted with the potential for our economies to exhibit larger and perhaps more abrupt responses to changes in factors affecting the balance sheets of households and businesses,
Alan Greenspan
appears stretched in a number of directions.
Alan Greenspan
We've come a long way through this adjustment process and we're still standing and that's good news, ... is still not doing well but (is) far better given what has happened than I would have forecast six, eight, nine months ago.
Alan Greenspan
If no action is taken at all ... we're going to be confronted within a few years with a marked upward ratcheting of long-term interest rates, which is very debilitating to long-term economic growth,
Alan Greenspan
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Based on Topics: Discipline QuotesIf you have never been amazed by the very fact that you exist, you are squandering the greatest fact of all.
Jim Fiebig
If I had no sense of humor, I would long ago have committed suicide.
Mohandas Gandhi
My focus never wavered; I never accepted the film was not going to be finished.
Dougray Scott