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Peter Morici quotes

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    I Like this quote I dislike this quote“The AFL-CIO is an intellectual Jurassic Park.”

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    I Like this quote I dislike this quote“We are caught in the situation of needing more materials for the construction effort and less ability to make them. The port's closure disrupts a lot of supply lines.”

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    I Like this quote I dislike this quote“We simply don't know the extent of the economic and infrastructural damage in the Southeast. Of course, gas and heating fuel are going to be higher, and transportation of all goods will cost more in the short term.”

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    I Like this quote I dislike this quote“A trade deficit like this is unacceptable. It lowers our GDP growth.”

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    I Like this quote I dislike this quote“We really need some help from OPEC and the Saudis to help control inflation.”

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    I Like this quote I dislike this quote“The outlook remains poor. Production cutbacks at Ford and GM, mediocre personal income growth and record trade deficits all bode poorly for economic growth and jobs creation.”

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    I Like this quote I dislike this quote“GM's 'employee discount' promotion established GM can sell vehicles if it sets prices at what consumers are willing to pay and makes those prices clear. Unfortunately, the public is not willing to pay what it costs to make GM cars and trucks.”

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    I Like this quote I dislike this quote“The pension relationship with Delphi is complex. If trouble is beneath the surface, it could be a severe body blow. Along with GM's other troubles, a perfect storm could emerge.”

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    I Like this quote I dislike this quote“GM's announced plant closings do little to address the underlying problems. It will be smaller, but its per-unit costs will still be too high to compete.”

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    I Like this quote I dislike this quote“Even in North America, (Toyota's) factory labor costs are lower because it pays a bit less for labor and is not encumbered by excessive benefit costs.”

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