Quotations
Famous Quotations
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Peter Morici Quotes
«The AFL-CIO is an intellectual Jurassic Park.»
Author: Peter Morici
«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.»
Author: Peter Morici
«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.»
Author: Peter Morici
«A trade deficit like this is unacceptable. It lowers our GDP growth.»
Author: Peter Morici
«We really need some help from OPEC and the Saudis to help control inflation.»
Author: Peter Morici
«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.»
Author: Peter Morici
«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.»
Author: Peter Morici
«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.»
Author: Peter Morici
«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.»
Author: Peter Morici
«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.»
Author: Peter Morici