We do see a need for some depreciation of the U.S. dollar over time, but that's to correct the global imbalances that are out there,
More Quotes from David Dodge:
for all residual risks to the pension plan both outcomes that lead to deficits and outcomes that lead to surpluses.David Dodge
Some modest further increase in the policy interest rate would be required to keep aggregate supply and demand in balance and inflation on target.
David Dodge
Such a slowdown in growth, in turn, raises the risk that policy-makers might resort to protectionism. In that event, a period of very slow growth could, perhaps, be punctuated by periods of outright recession.
David Dodge
While there is no question that the sponsor is responsible for any deficit in the plan, it is not at all clear that the sponsor benefits from any surplus that may be generated.
David Dodge
It's the fiscal balance of all levels of government combined that are really important.
David Dodge
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Tabitha Soren
We need strong public health institutions to respond to any challenge. We need to deal with critical infrastructure. The reality is that very little money has flowed to communities to help our first responders; to help our hospitals; to help the public health infrastructure.
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He dares to be a fool, and that is the first step in the direction of wisdom.
James Huneker