40 Quotes by James Glassman

Usually economists are figuring things out after the fact, especially the Fed chairman.

We're seeing it already. If you look at Wal-Mart's numbers and strip out the effect of grocery-store sales, there are signs of stress behind the scenes there, ... What many of us are concluding here is that ... because of what is going on with energy, we will probably see a much softer fourth quarter.

The extraordinary events of the time make a person. He'll be bigger than life because of that.

There is a way they come to a conclusion, and it is your job to not constantly be picking fights with it,

When you're an economist trained in conceptual stuff, you tend to be less intuitive. You fall back on this conceptual framework that the profession has invested a lot of time in.

My guess is there will be a bigger stimulus package in the months ahead -- more than $50 billion -- in response to frustration they can't get the economy moving faster.

If we get another jobs report as weak as this, there's no way the Fed will hike in September.

I get the feeling that the economy was really wanting to move ahead more quickly last year, then hit a bunch of speed bumps. I get the feeling companies are ready to start building their businesses and do lot of what normally happens in an expansion.

I think anybody in the Fed chief position realizes that the job is not about proving credentials. It's about doing what's right for the economy,