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...take decades to reach fruition. As a result, total health care costs are projected by the President's Council of Economic Advisors to increase by 2030 to 28 percent of the Gross Domestic Product (GDP), the value of all goods and services produced...
...cars, clothing and hardware. ''Are households tapped out? No way,'' said economist Joel Naroff of Naroff Economic Advisors. ''The consumer is happy, flush and ready to spend and they will continue to do so.'' Economists believed...
...Social Security benefits or hikes in payroll taxes. Alicia Munnell, former chair of the White House Council of Economic Advisors, said Bush's plan ''raises more questions than it answers.'' Social Security presently is a pay-as-you-go...
...economic growth, DRI, is among the most optimistic in the country. This forecast is risky, said state economist Tom Stinson, adding that the projection was higher than the Minnesota Council of Economic Advisors is comfortable with.
...the doom and gloom comments and they've gotten worried, there's no question about it," said Naroff of Naroff Economic Advisors in Holland, Pa. On the Net: http://www.conferenceboard.org
...by Mr. Greenspan ... that economic weakness remains the greatest risk," said economist Joel Naroff of Naroff Economic Advisors. On Wall Street, the weak GDP reading pushed stocks lower, fanning investors' worries about the economy. The...
...fire if we don't pass a reasonable stimulus," warned R. Glenn Hubbard, chairman of the White House Council of Economic Advisors. Independent analysts said that increasing friction between the two parties could produce a return to the political...
...about the lack of new jobs being created. "Essentially this is a jobless recovery," said Joel Naroff of Naroff Economic Advisors in Pennsylvania. "Unfortunately businesses have every good reason to be conservative right now. Why go out on...
...decline analysts were predicting. "Don't count the consumer out yet," said economist Joel Naroff of Naroff Economic Advisors, who said the report raised hopes the holiday shopping season will be better than expected and won't turn out...
...some economists say. "Clearly there will be some opportunities there," said Joel Naroff, president of Naroff Economic Advisors, of Holland, Pa., which advises corporations on domestic and international economic issues. "As of now we hardly...