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Letter "A" » Alan Greenspan Quotes
«Over the last few months, these forces have taken their toll on activity, and evidence has accumulated that the economy has hit a soft patch,»
«[Greenspan also noted, however, that] history does raise some warning flags ... evolution of productivity.»
«Although we cannot know with certainty until the books are closed, the growth of productivity since 1995 appears to be among the largest in decades,»
«There should be little disagreement about the need to re-establish budget discipline,»
«Faster economic growth, doubtless, would make deficits far easier to contain. But faster economic growth alone is not likely to be the full solution to currently projected long-term deficits.»
«The notion of a bubble bursting and the whole price level coming down ... as a national phenomenon is really quite unlikely,»
«For the moment, the broadly unanticipated behavior of world bond markets remains a conundrum .»
«The president and I have not discussed this, but I greatly appreciate his confidence, ... I have been privileged to be appointed by five presidents to various positions. If President Bush nominates me, and the Senate confirms his choice, I would have every intention of serving.»
«Six weeks after the beginning of the war, we have only limited readings on broader economic conditions, and that information has been mixed,»
«There are powerful reasons to suspect that the elimination of the double taxation of dividends and cuts in marginal tax rates will elevate long-term productivity, ... If, however, in the process we get a significant increase in deficits, which induce a rise in long-term interest rates, that will be a significant undercutting of the benefits achieved by tax cuts.»