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Letter "A" » Alan Greenspan Quotes
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«In principle, stock-option grants, properly constructed, can be highly effective in aligning corporate officers' incentives with those of shareholders, ... Regrettably, the current accounting for options has created some perverse effects on the quality of corporate disclosures that, arguably, is further complicating the evaluation of earnings.»
Author: Alan Greenspan
«Lower budget deficits are the surest and most direct way to increase national saving. Higher national saving would help to lower real interest rates, spurring spending on capital goods so as to put cutting-edge technology in the hands of more American workers,»
Author: Alan Greenspan
«With price inflation already at a low level, substantial further disinflation would be an unwelcome development, especially to the extent it put pressure on profit margins and impeded the revival of business spending,»
Author: Alan Greenspan
«These changes, assisted by improved prices in asset markets, have left households and businesses better positioned than they were earlier to boost outlays as their wariness about the economic environment abates,»
Author: Alan Greenspan
«Although layoffs seem to be diminishing, surveys indicate that households continue to be worried about the condition of labor markets,»
Author: Alan Greenspan
«We can be confident that new jobs will displace old ones as they always have, but not without a high degree of pain for those caught in the job-losing segment of America's massive job-turnover process,»
Author: Alan Greenspan
«This diminishing of opportunities for such workers is why retraining for new job skills that meet the evolving opportunities created by our economies has become so urgent a priority,»
Author: Alan Greenspan
«New hires and recalls from layoffs... are far below what historical experience indicates, ... To a surprising degree, firms seem to be able to continue identifying and implementing new efficiencies in their production processes and thus have found it possible so far to meet increasing orders without stepping up hiring.»
Author: Alan Greenspan
«Still-significant productivity growth and a sizable margin of underutilized resources, to date, have checked any sustained acceleration of the general price level and should continue to do so for a time,»
Author: Alan Greenspan
«I haven't stipulated increased rates of return are a significant issue in this debate.»
Author: Alan Greenspan
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