Word: fosler
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Dates: during 1990-1999
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...another irony, the growing mood of caution comes at a time when many households have fresh cash on hand. Americans pocketed $12 billion last year just by renegotiating their mortgages. "The nation has some money to burn for a change," says Gail Fosler, chief economist for the Conference Board, a business research group. "But no one wants to light the first match. It's not a recovery. It's only an improvement...
While candidate Clinton promised to "focus like a laser on the economy," much of the current reluctance to spend stems from confusion about President Clinton's economic policies. "Clinton has had so many mixed messages that people don't know what to think," Fosler says. Concurs William Hoglund, executive vice president of General Motors: "The so-called recovery is the slowest that man has ever seen, and it hasn't resulted in any more employment. The President's program merely adds another note of uncertainty. So the consumer doesn't feel that anything is happening...
...long grind, but saw bright spots emerging. David Hale, chief economist of Kemper Financial Cos., called for a combination of "Bush's trade policy with elements of Clinton's domestic policy." Dan Lacey, publisher of Workplace Trends, saw little in either candidate's policy to stimulate job creation. Gail Fosler, chief economist for the Conference Board, described consumer attitudes as stubbornly skeptical. Donald Ratajczak, director of the economic-forecasting center at Georgia State University, warned about the danger of trying to fix the federal deficit too soon...
...seen," said Sinai. "Both candidates are at least admitting and calling attention to the problems." The public nonetheless is still struggling to weigh the merits of the proposals and find any salvation in them. "Neither candidate's program has had any effect on consumer confidence whatsoever," said Gail Fosler, chief economist of the Conference Board, which tracks consumer and business trends. The TIME forum's analysis of the major proposals...
...TIME panel endorsed Clinton's infrastructure plan. "We could start to repair roads and put a lot of people to work without any increase in wage costs because there are so many unemployed construction workers," said Donald Ratajczak, director of the economic forecasting center at Georgia State University. Fosler, however, said the plan would "dress the economy up rather than...