Word: alanes
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...plan will not have any immediate effect on a recession--Bush's top economic advisor, Lawrence B. Lindsey, has written that tax cuts have too slow an effect to be useful in fighting recessions. Fighting a short-term recession is better left to the Federal Reserve and its chair Alan Greenspan--Clinton's experience with the 1993 tax hike makes clear that over the long haul, debt reduction is more important to growth. In contrast, the experience of the Reagan administration shows the difficulty of climbing out of deficits caused by overly large tax cuts...
...which was most of the time--he threw parties, dated models and traveled the world. After several years of this, Watson got serious, and once he rose to the position of CEO, Watson transformed the company from an office machine maker into the world's most important computer manufacturer. Alan Greenspan studied music at Juilliard for two years, then dropped out to play for a jazz quartet for a year before starting business school and then getting into finance in 1948. Even then, he didn't finish his Ph.D until...
...verge of a greedfest like the reckless '80s, a period that youngsters may be surprised to learn was far more rapacious than anything served up during the Internet bubble. But change is in the air, and the wolves have their noses up. Last week Federal Reserve Chairman Alan Greenspan cut interest rates for the second time in less than a month. The rate cuts make it cheaper to borrow, a must in almost all buyouts that aren't stock swaps...
...During the campaign, Bush's tax-cut plan seemed too grandiose to many voters. But layoffs, slipping economic indicators and a blessing from Fed chairman Alan Greenspan made the idea credible - and now Washington can smell a big tax cut the way hogs smell slop. Politicians are scrambling to the trough. Some of their schemes are well-intended - Senate majority leader Trent Lott wants to change the alternative minimum tax so it doesn't take such a big bite out of middle-class taxpayers - but all of them threaten to grow the beast. Lott's plan would bring Bush...
...Overall, the Bush White House can feel free to use Thursday's numbers as further evidence that a tax cut is needed, without shooting itself in the foot over surplus projections and fiscal responsibility. As Alan Greenspan told the Senate, productivity gains "show few signs of abating" and "should support growth of the economy over time...