Word: weinberger
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Dates: during 1990-1999
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...takes a much more active president who's much more willing to use the bully pulpit and work harder to organize things," said Weinberg, a vocal supporter of Hyman and Rawlins during his term on the council
According to Weinberg, Rawlins has adopted a model of a president who sets an agenda and chooses people to lead task forces...
Even so, board members agree that forecasts of U.S. output next year need to be lowered half a percentage point or so. Post-Asia, Carl Weinberg, chief international economist of High Frequency Economics, a market and economic analytical firm, foresees a 2.5% rise in gross domestic product, down from 3.6% this year but near the pace many economists think can be sustained year after year. He expects inflation to creep up--but from only...
...Weinberg thinks that by the end of 1998 unemployment may rise to 5.2%, but Sinai believes it initially might dip just under the 24-year low of 4.7%, registered in October. Either way, labor markets will remain very tight, and that affects almost every aspect of the outlook for next year...
Production will grow more slowly, says Zimmerman, in part because "we're running out of labor." The shortage will also push up wages. Weinberg hopes that much of the increase can be offset by higher productivity resulting from the heavy business investment of recent years (business spending on new plant and equipment has been shooting up 18% a year). Nonetheless, prices will be forced up at a slightly faster rate than...