Word: jasinowski
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...fact enormous. "Adding just half a percentage point to the growth rate over the next eight years would generate approximately 400,000 jobs per year, boost real wages by $7,000 per family and add around $200 billion [in tax collections] to the U.S. Treasury," says Jerry Jasinowski, president of the National Association of Manufacturers. The N.A.M. urges a national target of 3% growth year after year, vs. the 2.5% projected by the Clinton Administration...
...among the brightest since World War II. The country is "in the midst of a long, durable and sustainable expansion" that could prove to be "one of the longest and healthiest upturns in the modern era," said Allen Sinai, chief global economist for Lehman Brothers. Concurred Jerry Jasinowski, an economist and president of the National Association of Manufacturers: "The economy is probably in better overall shape than it's been in a decade...
...will help keep U.S. jobs growing next year. That will be important to take up the slack created by the slowdown in housing construction as mortgage rates have climbed. The economists had little doubt, moreover, that foreigners are becoming very big buyers of American goods. "Most U.S. companies," said Jasinowski, "think their biggest growth opportunities are abroad...
...corporations. While big companies will see their income taxes rise just 1 percentage point, from 34% to 35%, prosperous small firms assessed at the individual rate will be hit with an increase from the current 31% to almost 40% in the top bracket. "Crazy as it sounds," says Jerry Jasinowski, president of the National Association of Manufacturers, "many small businesses will pay a higher effective tax rate than FORTUNE 500 corporations...
Once the bazaar was open, the professionals rushed in. In April Jasinowski's group got together with the American Petroleum Institute, 1,600 large companies, small businesses and farmers to form the American Energy Alliance (AEA), a group designed solely to defeat the BTU tax. The coalition paid more than $1 million to Burson-Marsteller, a public relations firm, to deploy nearly 45 staff members in 23 states during the past two months. Burson's goal was to drum up as much grass-roots outrage about the BTU tax as possible and direct it at the swing Democrats...