Real income growth is deteriorating because of job losses, and income growth is going to remain weak until such time as it's reversed by a tax cut, which is months away at the earliest. Then there's a huge wealth loss [from the stock market] and no pent-up demand for goods. -Lacy Hunt

 

Real income growth is deteriorating because of job losses, and income growth is going to remain weak until such time as it's reversed by a tax cut, which is months away at the earliest. Then there's a huge wealth loss [from the stock market] and no pent-up demand for goods.


-Lacy Hunt
328

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This quote is just one of 9 total Lacy Hunt quotes in our collection. Lacy Hunt is known for saying 'Real income growth is deteriorating because of job losses, and income growth is going to remain weak until such time as it's reversed by a tax cut, which is months away at the earliest. Then there's a huge wealth loss [from the stock market] and no pent-up demand for goods.' as well as some of the following quotes.

Real income growth is deteriorating because of job losses, and income growth is going to remain weak until such time as it's reversed by a tax cut, which is months away at the earliest. Then there's a huge wealth loss [from the stock market] and no pent-up demand for goods.

Lacy Hunt
328

I don't think any benefit of the dividend tax elimination is worth the increase in the deficit.

Lacy Hunt
238
In the past two years, we've seen the budget go from surplus to deficit, adding about $400 billion of stimulus to the economy, but we've still lost 2.5 million private-sector jobs. -Lacy Hunt
198

We've basically been in one long recession that started in the fall of 2000.

Lacy Hunt
188

The risk to the economy is that we lose the consumer -- and I think we are losing the consumer.

Lacy Hunt
187
The stock market has given off false signals in terms of anticipating recessions, but it has never given off a false signal about recovery before the recession ended. -Lacy Hunt
184

In Japan, for example, the debt deflation started in 1990 and price deflation started in 1992 or 1993. That's what we're in for right now.

Lacy Hunt
165