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Edward Leamer Quotes
«There's no question that the Fed should have much earlier raised interest rates, not to kill the housing sector, but to keep it sustainable.»
Author: Edward Leamer
«[But] houses are exactly the same now as two years ago. There is no 'new economy' when it comes to homes, ... an easy call to make.»
Author: Edward Leamer
«It'll kill the housing sector,»
Author: Edward Leamer
«Currently we have construction job levels reaching toward the ceiling but manufacturing jobs are virtually at the floor. With hardly any room to fall further, it doesn't seem likely that problems in housing and in construction will spread to manufacturing this time.»
Author: Edward Leamer
«We expect housing to start slowing the economy this quarter or the next.»
Author: Edward Leamer
«Some jobs in manufacturing might well disappear as a result of weakness in housing, but this may be offset by jobs brought home or not lost to foreign competition.»
Author: Edward Leamer
«We actually think that we're being somewhat optimistic in saying we don't see it spreading beyond that. There will be weakness in retail, for sure, and in manufacturing. But not widespread losses.»
Author: Edward Leamer
«People moan and groan, but they still go to the pump and fill up their big SUVs,»
Author: Edward Leamer
«People moan and groan, but they still go to the pump and fill up their big SUVs.»
Author: Edward Leamer
«If you factor in a slowing economy the number would be larger. The ultimate decider of whether you can make your mortgage payment or not is your job.»
Author: Edward Leamer