Quotes by Robert McTeer

“We are going to be very alert...looking for any weakening,”

“may be a need sometime in the coming year, but lets wait until we get there.”

“Deflation is not at the doorstep.”

“I think all the stars are aligned for the economy to pick up, ... Its been growing; it just hasnt been growing fast enough to create new jobs. But I think the tax package, on top of easy money, will probably kick it over.”

“As long as the growth is taking place in a slack economy, with a high unemployment rate and a low capacity utilization rate. That growth is not likely to be inflationary, and not much reason for us to worry about it,”

“In the past, the unemployment has been more blue-collar, and people laid off were more likely to be brought back when the economy picked up, ... This one has been more white-collar than ever.”

“The wealthier a society, the less the income they spend on food, and less the income they spend on hard goods, and more they spend on services, ... That we have become more a service economy is not something to worry about.”

“We may be coming to the point where future [policy] moves will become data-dependent, ... We may still move in [a tightening] direction, but it wont be quite as automatic.”

“I think even before Katrina I would have been through. I would have been arguing to pause, if I were still there.”

“showing signs of resisting arrest.”