Quotations
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Peter Morici Quotes
«In a world where size matters less and innovation and adaptability are 95 percent of business success, the company that succumbs to union demands for wages greater than the market will bear or for work rules that reduce agility and efficiency, will be vanquished by a swarm of competitors.»
Author: Peter Morici
«Taken together, prospects for a reversal of recent energy price increases and the absence of other fundamental inflationary pressures indicates inflation provides no significant justification for raising interest rates further at this time.»
Author: Peter Morici
«You couldn't say the number was completely unexpected.»
Author: Peter Morici
«At some point the telecommunications (sector) has to stop shrinking.»
Author: Peter Morici
«That takes a considerable bite out of the household budget.»
Author: Peter Morici
«It's not just the number of jobs, it's the quality of jobs.»
Author: Peter Morici
«This pace of productivity growth indicates that the U.S. economy has the potential to accomplish 4 percent growth or better without danger of significant inflation.»
Author: Peter Morici
«This strong productivity performance explains why consumer price inflation shows no sign of heating up, despite the recent volatility in energy prices. Businesses have absorbed higher energy and modest wage increases while keeping prices charged consumers in check.»
Author: Peter Morici
«The retail sector is enjoying a decent but unexceptional holiday shopping season.»
Author: Peter Morici
«People are more optimistic about the economy.»
Author: Peter Morici