It's very easy to get the trade gap to narrow, have a recession in the United States to cut spending here. But I don't think anyone wants that to happen.
More Quotes from Jay Bryson:
That sliced off about a half a percentage point in growth.Jay Bryson
I would agree that the risk of recession is greater today than it was a month ago. I can certainly think of how we can get to recession.
Jay Bryson
The March CPI data, taken in isolation, likely will have very little impact on near-term Fed policy,
Jay Bryson
It's not just China, it's not just oil. We spend more than we produce, end of story.
Jay Bryson
It shows the labor market is continuing to stabilize.
Jay Bryson
Imports are about twice as large as exports, so just to stabilize the deficit, exports have to grow twice as fast. That's a pretty tall order. Then you throw oil on top of it.
Jay Bryson
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I try to do a lot of research beforehand so I know where I want to go with a scene. I try not to get too stressed about it, because I find that's the worst thing.
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All I claimed was that when a drastic change occurs, it occurs in a relatively small and isolated population.
Ernst Mayr