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【TOP 37】Joshua Feinman Quotes - WhatsApp Status | Page-1

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The economy needs stimulus now, so bring forward some [of the] tax cuts [scheduled for later years], but cancel the last piece scheduled to go into effect in 2008. That would help the short-term economy, and it's better for long-term fiscal probity. - Joshua Feinman Quotes

The economy needs stimulus now, so bring forward some [of the] tax cuts [scheduled for later years], but cancel the last piece scheduled to go into effect in 2008. That would help the short-term economy, and it's better for long-term fiscal probity.

To keep these tax cuts permanent, even if it means somewhat faster GDP growth -- and that's debatable -- will mean the government gets a smaller tax take as a percentage of GDP, ... Then spending has to be a smaller share, too. We have to have some plan. - Joshua Feinman Quotes

To keep these tax cuts permanent, even if it means somewhat faster GDP growth -- and that's debatable -- will mean the government gets a smaller tax take as a percentage of GDP, ... Then spending has to be a smaller share, too. We have to have some plan.

To keep these tax cuts permanent, even if it means somewhat faster GDP growth -- and that's debatable -- will mean the government gets a smaller tax take as a percentage of GDP. Then spending has to be a smaller share, too. We have to have some plan. - Joshua Feinman Quotes

To keep these tax cuts permanent, even if it means somewhat faster GDP growth -- and that's debatable -- will mean the government gets a smaller tax take as a percentage of GDP. Then spending has to be a smaller share, too. We have to have some plan.

These data reinforce the notion that, while consumption is going to be slower in the fourth quarter than in the third quarter, it doesn't look like the consumer is raising the white flag and giving up. - Joshua Feinman Quotes

These data reinforce the notion that, while consumption is going to be slower in the fourth quarter than in the third quarter, it doesn't look like the consumer is raising the white flag and giving up.

We've been waiting for something like this for a long time. But we need to resist the temptation to put too much weight on any one month's report -- probably the best thing to do is to average out the past few months; that gives a clearer picture. - Joshua Feinman Quotes

We've been waiting for something like this for a long time. But we need to resist the temptation to put too much weight on any one month's report -- probably the best thing to do is to average out the past few months; that gives a clearer picture.

Did firms have trouble making profits back in the 1950s and 1960s? ... No -- they were used to a low-inflation environment, and the cost side was used to that, and workers' expectations about wages were more attuned to that. - Joshua Feinman Quotes

Did firms have trouble making profits back in the 1950s and 1960s? ... No -- they were used to a low-inflation environment, and the cost side was used to that, and workers' expectations about wages were more attuned to that.

You have to look at these numbers over a few months. Coming in, we had several months of very substantial gains, ... The basic picture is that business spending is bottoming and showing some signs of improvement, but it's not really robust. - Joshua Feinman Quotes

You have to look at these numbers over a few months. Coming in, we had several months of very substantial gains, ... The basic picture is that business spending is bottoming and showing some signs of improvement, but it's not really robust.

You have to look at these numbers over a few months. Coming in, we had several months of very substantial gains. The basic picture is that business spending is bottoming and showing some signs of improvement, but it's not really robust. - Joshua Feinman Quotes

You have to look at these numbers over a few months. Coming in, we had several months of very substantial gains. The basic picture is that business spending is bottoming and showing some signs of improvement, but it's not really robust.

If firms need pricing power, they should be clamoring for the highest possible rates of inflation. Firms don't have pricing power, but they can still make money, and a lot of it. - Joshua Feinman Quotes

If firms need pricing power, they should be clamoring for the highest possible rates of inflation. Firms don't have pricing power, but they can still make money, and a lot of it.

The administration is likely to push for more fiscal stimulus, and this makes it a little more clear-cut, because O'Neill had been hesitant about that. - Joshua Feinman Quotes

The administration is likely to push for more fiscal stimulus, and this makes it a little more clear-cut, because O'Neill had been hesitant about that.

I think what we're seeing is a gradual decline in the jobless claim trend from its peaks in the immediate aftermath of Sept. 11, ... It suggests the labor market is not strong, but it's bottoming, and that's consistent with the overall [economic] picture. - Joshua Feinman Quotes

I think what we're seeing is a gradual decline in the jobless claim trend from its peaks in the immediate aftermath of Sept. 11, ... It suggests the labor market is not strong, but it's bottoming, and that's consistent with the overall [economic] picture.

I think what we're seeing is a gradual decline in the jobless claim trend from its peaks in the immediate aftermath of Sept. 11. It suggests the labor market is not strong, but it's bottoming, and that's consistent with the overall [economic] picture. - Joshua Feinman Quotes

I think what we're seeing is a gradual decline in the jobless claim trend from its peaks in the immediate aftermath of Sept. 11. It suggests the labor market is not strong, but it's bottoming, and that's consistent with the overall [economic] picture.

As the national economy gets better, California will get better, and some of its problems will be less acute. - Joshua Feinman Quotes

As the national economy gets better, California will get better, and some of its problems will be less acute.

I think it's encouraging that three weeks in a row we've been below 400,000. I think it suggests the labor market may be strengthening a little bit. - Joshua Feinman Quotes

I think it's encouraging that three weeks in a row we've been below 400,000. I think it suggests the labor market may be strengthening a little bit.

The United States has been the engine of global growth for some time. It would behoove the world if other engines were to develop, but it doesn't look like that's happening. As long as that's the case, U.S. growth will mostly be determined by what happens here. - Joshua Feinman Quotes

The United States has been the engine of global growth for some time. It would behoove the world if other engines were to develop, but it doesn't look like that's happening. As long as that's the case, U.S. growth will mostly be determined by what happens here.

The irony is that in the 1970s and 1980s, we were trying to get to that world again. We're darn close to price stability now. - Joshua Feinman Quotes

The irony is that in the 1970s and 1980s, we were trying to get to that world again. We're darn close to price stability now.

Irony

They are a bit more sanguine about inflation than the market has been, and they've been trying to tell people that. It doesn't mean they have their head stuck in the sand. With the last sentence of their statement, they leave themselves plenty of flexibility. - Joshua Feinman Quotes

They are a bit more sanguine about inflation than the market has been, and they've been trying to tell people that. It doesn't mean they have their head stuck in the sand. With the last sentence of their statement, they leave themselves plenty of flexibility.

Before the storm struck, (the Fed) thought the economy was on sound footing, ... I don't think that's changed. The only thing Katrina may have done is raise some uncertainty about the near-term outlook. - Joshua Feinman Quotes

Before the storm struck, (the Fed) thought the economy was on sound footing, ... I don't think that's changed. The only thing Katrina may have done is raise some uncertainty about the near-term outlook.

It's not like turning on or off a light switch. It's not like all hell breaks loose at $50. - Joshua Feinman Quotes

It's not like turning on or off a light switch. It's not like all hell breaks loose at $50.

Hell

It's already been working to dampen demand and cut into purchasing power. The longer it stays here, the longer that impact will last. - Joshua Feinman Quotes

It's already been working to dampen demand and cut into purchasing power. The longer it stays here, the longer that impact will last.

Power

Some of the other indicators are suggesting more strength than we see in payrolls. Whether that will be rectified with revisions, or simply with stronger numbers going forward, it's hard to say -- but I would anticipate that, at some point the payroll numbers, will be stronger. - Joshua Feinman Quotes

Some of the other indicators are suggesting more strength than we see in payrolls. Whether that will be rectified with revisions, or simply with stronger numbers going forward, it's hard to say -- but I would anticipate that, at some point the payroll numbers, will be stronger.

It's still meaningful -- it's a sector that accounts for a lot of swings in activity. - Joshua Feinman Quotes

It's still meaningful -- it's a sector that accounts for a lot of swings in activity.

That just speaks to what a big hit manufacturing took and how long a way we have to claw back to reasonable rates of utilization. - Joshua Feinman Quotes

That just speaks to what a big hit manufacturing took and how long a way we have to claw back to reasonable rates of utilization.

This is more corroboration that the economy, particularly the production side, is responding to the pick-up in demand we saw in the third quarter. - Joshua Feinman Quotes

This is more corroboration that the economy, particularly the production side, is responding to the pick-up in demand we saw in the third quarter.

We've been talking for a long time about capital spending growth being a key component of the sustainability of this recovery. You have to be encouraged about what we've seen. - Joshua Feinman Quotes

We've been talking for a long time about capital spending growth being a key component of the sustainability of this recovery. You have to be encouraged about what we've seen.

To get faster job growth, we're going to need either faster aggregate demand, which seems hard to fathom, or we're going to need some diminution of the recent extra cyclical pop in productivity, ... When will that start? Anybody who says they know is lying. - Joshua Feinman Quotes

To get faster job growth, we're going to need either faster aggregate demand, which seems hard to fathom, or we're going to need some diminution of the recent extra cyclical pop in productivity, ... When will that start? Anybody who says they know is lying.

[This] suggests that the little lull the economy went into in the second quarter may be ending and that the labor market may be strengthening a little bit as we head into summer. - Joshua Feinman Quotes

[This] suggests that the little lull the economy went into in the second quarter may be ending and that the labor market may be strengthening a little bit as we head into summer.

The labor market's starting to improve a bit -- it's not great, but it's getting better. - Joshua Feinman Quotes

The labor market's starting to improve a bit -- it's not great, but it's getting better.

Labor

Companies have the wherewithal to pick up the pace of hiring and capital investment again, but I'm not sure they have the desire, for a variety of reasons -- including their outlook on future demand. - Joshua Feinman Quotes

Companies have the wherewithal to pick up the pace of hiring and capital investment again, but I'm not sure they have the desire, for a variety of reasons -- including their outlook on future demand.

If the economy roars back, you can always take the cuts back. But suppose you're wrong on the other side, and the economy continues to languish? With the slack already in the markets, inflation is likely to move lower still. - Joshua Feinman Quotes

If the economy roars back, you can always take the cuts back. But suppose you're wrong on the other side, and the economy continues to languish? With the slack already in the markets, inflation is likely to move lower still.

It's a little bit analogous to the early 1990s, in that, when the Persian Gulf War ended then, the economy did not come storming back -- it took a while because it continued to work off its problems. Something similar could happen this time, though the economy is a little further along now in its process of unwinding than it was then. - Joshua Feinman Quotes

It's a little bit analogous to the early 1990s, in that, when the Persian Gulf War ended then, the economy did not come storming back -- it took a while because it continued to work off its problems. Something similar could happen this time, though the economy is a little further along now in its process of unwinding than it was then.

The personal income tax cut could be a boost of $50 billion to disposable income, and some of that could be felt when they actually change the tax withholding schedule, which could be in the spring or summer. Then there might be a little bit of rebate check, too. All of this might be a little more of short-term shot in the arm than the dividend tax cut. - Joshua Feinman Quotes

The personal income tax cut could be a boost of $50 billion to disposable income, and some of that could be felt when they actually change the tax withholding schedule, which could be in the spring or summer. Then there might be a little bit of rebate check, too. All of this might be a little more of short-term shot in the arm than the dividend tax cut.

Businesses were liquidating inventory last fall at a frenetic pace and adding to weakness in the economy's production. It looks like the rate of inventory liquidation is starting to slow, and a basis is forming from that reduction for a rise in the economy. - Joshua Feinman Quotes

Businesses were liquidating inventory last fall at a frenetic pace and adding to weakness in the economy's production. It looks like the rate of inventory liquidation is starting to slow, and a basis is forming from that reduction for a rise in the economy.

We need to keep in mind that this is the time of year when weekly fluctuations can be hard to seasonally adjust. We may need a few more weeks to sort it out. Overall, the readings we've been getting suggest the deterioration in the labor market is slowing down. - Joshua Feinman Quotes

We need to keep in mind that this is the time of year when weekly fluctuations can be hard to seasonally adjust. We may need a few more weeks to sort it out. Overall, the readings we've been getting suggest the deterioration in the labor market is slowing down.

These numbers were worse than expected. But overall, the labor market is still deteriorating, but not at the rate it was after Sept. 11. - Joshua Feinman Quotes

These numbers were worse than expected. But overall, the labor market is still deteriorating, but not at the rate it was after Sept. 11.

Labor

[Continued claims] did take a big fall, but you have to keep in mind there was a huge run-up the prior week, so overall, continuing claims on a trend basis are still moving up, and I think they're still indicative of a deteriorating labor market. - Joshua Feinman Quotes

[Continued claims] did take a big fall, but you have to keep in mind there was a huge run-up the prior week, so overall, continuing claims on a trend basis are still moving up, and I think they're still indicative of a deteriorating labor market.

Mind

They will convey more or less the same message -- that the economy is looking better, but nothing that would convey the notion that they're going to be moving rates any time soon. - Joshua Feinman Quotes

They will convey more or less the same message -- that the economy is looking better, but nothing that would convey the notion that they're going to be moving rates any time soon.

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