Voices on the Ills of the Economy
We all face the same problems, whether you are a very large corporation or a very small company such as mine . . . employee problems, health insurance problems, transportation problems, the whole gamut.
Kathleen Piper, who runs the Pied Piper Flower Shop, Yankton, S.D.
*
This is not just a short-term glitch. Without a strong recovery, it will be a lot harder to solve the long-run problems of the economy.
Robert M. Solow, Massachusetts Institute of Technology, Nobel Prize-winning economist
*
It’s not a discussion. It’s a show. (But) it’s a better show than I thought it would be.
Paul Krugman, economics professor at MIT
*
While it is a tragedy that thousands are starving in Somalia, ‘it is a human and moral travesty that 14.3 million children are poor in the richest land on Earth.’
Marian Wright Edelman, president of the Children’s Defense Fund
*
The world economy is ‘at a turning point not unlike what we saw’ in the Industrial Revolution of the 19th Century.
John A. Sculley, chairman of Apple Computer Inc.
*
The growth in productivity has been so low over the past 20 years as to be ‘absolutely frightening.’
Alan S. Blinder, professor of economics at Princeton
*
The importance of the session was that ‘a dialogue has begun . . . . To expect much more would be naive and unrealistic.’
Mary Frances Kelley of Denver, National Federation of Independent Business
*
We should recall . . . that America’s great public works . . . required great cooperation and sometimes a leap of faith.
Alicia H. Munnell, Federal Reserve Bank of Boston
*
We keep changing the rules. And that instability causes companies to waiver, to hold back from investment.
Michael Porter, Harvard business professor