There's nothing wrong with the economy right now. That's not the issue,
More Quotes from Ken Goldstein:
Rising business costs and uncertainty in many companies about price hikes is a major consideration now in how fast the domestic economy can grow, especially in the second half of the year.Ken Goldstein
Consumer sentiment about job prospects over the next six months dipped in January. Thus, not only are the indicators suggesting modest gains in hiring, but consumers also do not think more new jobs will start opening up this spring.
Ken Goldstein
Part of the real story here is that, through July, producers were still getting more output, with fewer labor hours put in. Productivity in the third quarter is probably going to be stronger than in the second quarter, confirming the idea that, while the stock market's not in good shape, the overall economy's not that bad.
Ken Goldstein
The labor market may finally be hitting bottom. While layoffs remain large, they are no longer intensifying. Job advertising volume has stopped declining, although it remains at very low levels.
Ken Goldstein
Consumers are concerned that wages are not keeping pace with inflation, and managers feel they can't raise prices. It's difficult to imagine how both can be satisfied in 2006.
Ken Goldstein
All the folks writing stories about the double dip ought to just delete that file. There are no guarantees, but the train is leaving the station.
Ken Goldstein
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An excuse is worse and more terrible than a lie, for an excuse is a lie guarded.
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So, for me, working with larger companies has often been very satisfying, precisely because of the ability of bringing critical mass to bear on a given effort.
Vinton Cerf