When major disasters strike, the typical things that happen is that you reduce employment, production, income and spending in the areas that are affected, principally because everybody's holed up in their shelter or in a basement waiting for it to pass, ... Obviously money is not made or spending is not done as it normally would be.
More Quotes from Alan Levenson:
The overall affordability of a home is still ample,Alan Levenson
I don't think we're in danger of going back to the kind of cycles of the '70s or the late '80s. I think the economy is still quite flexible.
Alan Levenson
I think we are looking for the trade gap to stabilize, not to decline.
Alan Levenson
As a policy maker, I'm only going to pay attention to the workweek if I think it's a trend. But the fact is that since July of 2004, we've been at either 33.7 or 33.8 hours on the aggregate workweek. My feeling is that the workweek declined in February in part because of a decline in construction but that in general, it's probably going to bounce back to 33.8 next month.
Alan Levenson
O'Neill has been more optimistic about the economy and resistant to additional stimulus, so I suppose one could read between lines that he was losing that battle, and the administration is more likely to propose aggressive stimulus now.
Alan Levenson
Readers Who Like This Quotation Also Like:
Based on Topics: Money & Wealth Quotes, Work & Career QuotesBased on Keywords: holed
For the purposes of the play, it was perfect to be able to use that and the stresses and strains that there were. At the end of the play, the mother realizes the terrible things she had done.
Fay Wray
The first panacea for a mismanaged nation is inflation of the currency; the second is war. Both bring a temporary prosperity; both bring a permanent ruin. But both are the refuge of political and economic opportunists.
Ernest Hemingway
I don't want to be known as the Aerosmith chick, but it's fun to put on the boots and makeup and act like a tough girl.
Alicia Silverstone