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Letter "M" » Mark Vitner Quotes
«We hope it will be the case that tax cuts will bridge the gap until hiring picks up, but that seems like a pretty precarious plan. But it's the only plan we've got.»
«The number one problem continues to be a lack of job and income growth.»
«The recent weakness in wage and salary growth is bad news for retailers, since wages and salaries, which account for more than 56 percent of personal income, tend to influence spending decisions far more than other income sources.»
«If we had an anti-business Congress that went after pension reform aggressively, it could have a devastating impact on Wall Street.»
«While goods producers continue to have little to no pricing power, we still believe the odds of outright deflation remain fairly low.»
«That tells me not only is the global economy not strengthening, but it's getting weaker.»
«When combined with the anticipated double-digit gains in employer health-care costs, manufacturers may find it very difficult to add to their payrolls next year and may opt to work their existing work forces longer.»
«Corporate America is on the mend. The only downside of stronger productivity growth is that it means hiring is lagging. As far as downsides go, this is roughly the equivalent of eating your broccoli. It may be tough to stomach at first, but it makes you stronger and healthier in the long run.»
«You can't get a strong economy if everybody's against business. It's awfully hard to create jobs if everybody's anti-business.»
«The Fed will probably cut rates in both August and October by 25 basis points (a quarter-percentage point) each. We really don't know what they will do beyond that.»