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Maxioms by Joe Abate

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In the long run, crowding out tends to mitigate the effects of fiscal policy.

In the long run, crowding out tends to mitigate the effects of fiscal policy.

by Joe Abate Found in: Miscellaneous Quotes,
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We are talking about an economy averaging about 30 miles per hour in a 60-mph speed zone. That keeps pressure read more

We are talking about an economy averaging about 30 miles per hour in a 60-mph speed zone. That keeps pressure on the unemployment rate, forcing it to continue to rise. By summer, we could have 6.4 percent unemployment.

by Joe Abate Found in: Miscellaneous Quotes,
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The economy is weakening and we're going to see more of the effects of that.

The economy is weakening and we're going to see more of the effects of that.

by Joe Abate Found in: Miscellaneous Quotes,
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It'll be a solid number, but it won't post the 8.2 percent growth we saw for the third quarter.

It'll be a solid number, but it won't post the 8.2 percent growth we saw for the third quarter.

by Joe Abate Found in: Miscellaneous Quotes,
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The stronger data virtually assure significant changes in the Fed's directive this week. The new directive will probably include a read more

The stronger data virtually assure significant changes in the Fed's directive this week. The new directive will probably include a grudging acknowledgement of the stronger labor market and inflation statistics.

by Joe Abate Found in: Miscellaneous Quotes,
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