234 Quotes by Mark Zandi
- Author Mark Zandi
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The economy hit a pothole in the fourth quarter. I'm not at all worried about the health of the economy.
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Of the 2.7 million jobs lost since employment's peak, roughly a third have been lost to overseas competition, and most if not all of those jobs are not coming back, ... And that trend is going to continue.
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President Obama's reelection started the countdown for lawmakers to address the fiscal cliff and the statutory debt limit. Unless the President and House Republicans can agree on changes to current law, the U.S. economy will be in recession by spring.
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Now, I do think when we move into 2012 and '13 when, presumably, the economy is on firmer ground, I would allow the tax rates for upper-income individuals to revert back to where they were before the cuts in the 1990s. I think at that point it makes perfect sense.
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The economy hit a pot hole in the fourth quarter. I'm not at all worried about the health of the economy.
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- Author Mark Zandi
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The FHA's success provides strong evidence that government can and should play a role in the nation's mortgage finance system. It also demonstrates that although government intervention in the economy during the Great Recession was messy, things would have been a lot messier without it.
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- Author Mark Zandi
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The economy hit a pothole in the fourth quarter.
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- Author Mark Zandi
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Defaulting on the nation's debt would be cataclysmic. The U.S. Treasury's Aaa rating is the one constant in the world's financial system. When times are bad anywhere on the planet, global investors flock to Treasury bonds because they know they will get their money back.
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Buying a home wouldn't make much sense if house prices were likely to decline further; no one wants to catch a falling knife.
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