Word: mckelvey
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TIME'S JYOTI THOTTAM asked our Board of Economists to sort it out. The panel includes Lakshman Achuthan, managing director of the Economic Cycle Research Institute; Gary Burtless, senior fellow at the Brookings Institution; Veronique de Rugy, fiscal-policy analyst at Cato Institute; Edward McKelvey, senior economist at Goldman Sachs; and David Wyss, chief economist at Standard & Poor...
...EDWARD MCKELVEY: We'll see different effects. Right now we're seeing the effects of the tax cuts in the strength of consumer spending and maybe even some of the business spending. But as time progresses, if we continue to have the sort of deficit that we anticipate, hovering in the neighborhood of 4% of GDP over the next decade, then the effects will turn negative. They will come through in interest rates that are higher than they otherwise would be, and therefore growth will probably be less than it would otherwise...
...MCKELVEY: I remember...
...Sugar Bowl, Texas defensive back Ron McKelvey was revealed to be 30-year-old Ron Weaver. Driven by an undiminished desire to play college football, Weaver had changed his identity and illegally prolonged his college football career for six years. The Division I football program of the University of Texas was his Mount Olympus, an untapped fountain of youth...
...delusionary life of Mr. Weaver allowed him to perpetuate his adolescent dreams in the illusion of Ron McKelvey...