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The United States is likely to see 10-percent unemployment levels "for a while," former U.S...However, speaking on the ABC program "This Week," Greenspan also said the U.S. economy is approaching a time when continuing job losses would end. "I think we're...
Tags: Alan Greenspan, Greenspan Foresees, Former Federal Reserve, unemployment rate, U.S, reserve chairman, chairman alan, greenspan predicts, ABC, jobless rate
Former Federal Reserve Chairman Alan Greenspan said on Friday that the Fed risks igniting a burst of inflation if it does not withdraw its extensive support for the economy at the right moment. "You cannot afford to get behind the curve on reining in...
Globalisation had helped hundreds of millions of people to come out of poverty, he said, adding, it, however, has to be a political decision on how far an economy can embrace regulation. But, overregulation meant slower growth, which in turn resulted...
Tags: Alan Greenspan, Dr Greenspan
Remember when Obama was running for President he said if you make under $250,000 you will not see a tax increase. No increase in gas tax, sales tax income tax capital gains tax, nothing. Remember Daddy Bush's read my lips no new...
Tags: Alan Greenspan, Economic Council. possible tax increase, Lawrence Summers, middle class, Timothy Geithner
Greenspan says the Fed will have to rein in credit and raise rates at some point...The former Fed chief cites many caveats for his short-term optimism, among them the huge government deficit and a concern that home prices may not have stabilized enough.
Tags: Alan Greenspan, Mr Greenspan, US Federal Reserve, greenspan says, house price
Senator McCain (R-Ariz.) acknowledged Obama's efforts in an interview with CNN's John King which was taped on Friday and aired on Sunday. "I think you could say that it is a short-term improvement in the economy. And I'll be glad to give him credit for...
Tags: obama, unemployment, Geithner Floats Obama, Barack Obama, democrats, congress, Timothy Geithner, Tim Geithner, treasury secretary, Alan Greenspan
He is a professor at Penn State University and has taught in both the Management Division and the Engineering Division. He formerly was on the faculty of the Finance Department, Wharton School, the University of Pennsylvania. Dr. Mason has been President...
Tags: Alan Greenspan, Bloomberg, U.S, capital requirement
While the housing bottom may not be obvious in prices, it is becoming clear in "significant regional differences," where some of the hardest-hit areas are starting to show signs of improvement, the former chairman of the Federal Reserve said. Former...
Former Federal Reserve Chairman Alan Greenspan is fighting back against claims that his agency and his tenure as its chief caused the housing bubble that is partly blamed for the economy's descent into a recession. Greenspan, in an opinion piece published...
Tags: US Federal Reserve, Alan Greenspan, housing bubble, reserve chairman, chairman alan, wall street, street journal
With the Dow Jones Industrial Average below 7,000, the U.S. stock market is well below its early-1995 level, adjusted for changes in nominal GDP...The risk, however, is that too much fiscal and budgetary stimulus will bring on growth-stultifying inflation.