It was just the sheer demand of people wanting stuff and the demand of supplying it.

337

That's all got to be cleaned up. The stock market's going to struggle until that happens, and the economy at large will feel like it's moving through molasses, even though it will be moving forward.

272

I think we're going to have to begin to believe that we're not in an inflationary environment. Sooner or later it's going to sink in.

230

At least it's a beginning... They'll do more if they need to.

178

If you can lay off all those people at GM and still have 66,000 new jobs created last month, that's really pretty strong.

112

You really don't want to do any sudden moves. The economy is doing really well. Why fix it? It doesn't need fixing.

99

It's not really a surprise.

84

Companies have to learn to live with keeping their costs down. They're not going to get pricing power not in our lifetime, I'm afraid. The world is just much too competitive.

83

Private sector credit from 1999 through the first half of 2001 was adding $1.2 trillion per year. It was the mother of all credit expansions.

63