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Letter "J" » James Glassman Quotes
«I get the feeling that the economy was really wanting to move ahead more quickly last year, then hit a bunch of speed bumps. I get the feeling companies are ready to start building their businesses and do lot of what normally happens in an expansion.»
«the tax program was designed to provide greater proportional relief for those who earn less income than for those who earn more.»
«The only really new proposal in the [2003] initiative was the proposal to lower the tax on dividend income and capital gains, and it costs something like $20 billion to $25 billion a year, which is really trivial.»
«the long-run budget impact, despite all the screaming and hand-wringing about this...is really very small, very modest.»
«I really think the economic issue is going to play well for the President because we're getting the kind of growth [that will create jobs].»
«If we get another jobs report as weak as this, there's no way the Fed will hike in September.»
«I think he'll leave it [the targets] at the door. The real world is more unpredictable and uncertain than the idealized world that academics push for.»
«When you're an economist trained in conceptual stuff, you tend to be less intuitive. You fall back on this conceptual framework that the profession has invested a lot of time in.»
«I saw in Greenspan somebody who thinks differently about the world than I did. Over time, I watched this process and (realized) that's what gave Greenspan such an edge. The real edge he had is that he's fairly humble and realizes that no human being knows the answer, and he listens to market signals for guidance.»
«I think anybody in the Fed chief position realizes that the job is not about proving credentials. It's about doing what's right for the economy,»

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