Word: greenspan
(lookup in dictionary)
(lookup stats)
Dates: during 1970-1979
Sort By: most recent first
(reverse)
...some of those with Ford in California, there was work as well as play. Chief Speechwriter Robert Hartmann began preparing Ford's final State of the Union message; Alan Greenspan, chairman of the Council of Economic Advisers, labored over the annual economic report. Back in Washington, OMB Director James Lynn was putting in twelve-to 14-hour days on budget options for Ford...
Bubble Effect. Ford's chief economic adviser, Alan Greenspan, is concerned that the shortfall may lead "to an acceleration of spending later on." But he is not pleased with the prospect and cautions that a "very bad fiscal-policy decision" could cause the economy to overheat and drive up inflation. Just how much new spending will be touched off by the unused $9 billion remains to be seen. One guess: not much. Deputy OMB Director Paul O'Neill doubts that there will be any "bubble effect" and predicts that overall spending for the current fiscal year, which ends...
Government growth figures for the July-September period will not be out until early next week, but many experts are already shaving their earlier forecasts of an increase of about 4% in the nation's output of goods and services to 3%-or less. Alan Greenspan, chairman of the President's Council of Economic Advisers, says the prime reason for the slowdown is that businessmen piled up big inventories early this year, and had to hold back on new orders until the backlog was reduced. Greenspan believes the economy will pick up speed in the current quarter...
...economic performance between April and September. After being discounted for inflation, the gross national product, which spurted by 9.2% in the first quarter of 1976, dropped to 4.5% in the second quarter. Most of the economists also agree that growth will not improve much in the third quarter. Alan Greenspan, Ford's top economic adviser (currently on leave from TIME'S board), has shrugged off the decline as a temporary "pause." Says David Grove, chief economist at IBM: "I wouldn't use the Coca-Cola slogan, 'The pause that refreshes,' but rather Geritol...
...fact, most of the latest figures on the economy can be read to buttress either Grove's pessimism or Greenspan's optimism. Take unemployment, which has risen to 7.9% of the labor force. To Democrats, that means that 7.5 million Americans are out of work...