Mark Zandi Quotes

Mark Zandi is chief economist of Moody's Analytics, where he directs economic research. He is co-founder of Economy.com, which was acquired by Moody's Analytics in 2005. Prior to founding Economy.com, Zandi was a regional economist at Chase Econometrics... (wikipedia)

The most important point is, in a time of crisis, there is no way out but for the government to be bold and aggressive.

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.

Potential home buyers have a two-step decision process. First, they determine whether they can afford to make a purchase - does their income safely cover their mortgage payment? Then they determine whether owning is a better financial choice than renting - are the costs of owning a home lower than the cost of renting it?

It is hard to be enthusiastic about the economy's prospects when house prices are falling: Households spend less, small business owners can't use homes as collateral for loans and local governments are forced to cut jobs and programs as property-tax revenue disappears.

In a normal time, I don't think economic policy makes a large difference one way or another. But in times of crisis it makes all the difference in the world.

The clearest way to cut some of this fiscal drag would be to extend the current payroll tax holiday and increase it - as proposed by President Barack Obama. This would cut the fiscal drag by almost half.

Past experience with fiscal austerity at home and overseas strongly suggests that it is best for the economy's long-run performance to restrain government spending rather than raise taxes.

It is easy to be pessimistic. These are extraordinarily difficult times, and the collective psyche is teetering. But we are closer to righting the wrongs that got us into this economic mess than most of us believe.

Housing was ground zero for the Great Recession. Between early 2006 and Obama's inauguration in 2009, average house prices fell by a third across the country. In certain areas, including cities as diverse as Akron, Orlando and Las Vegas, house prices fell by more than half.

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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Mark Zandi
Mark Zandi, chief economist of Moody's Analytics, speaks at the ...
Housing has gone from a big negative to neutral!”
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Mark Bryan - By remembering what it is they loved about one another ...
Mark Zandi MOODY 39 S
Mark Zandi
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It's an important fact of life, war.
at the end of the game Zandi got the highest rating mark among all the ...
Mark Zandi, Moody's Analytics; Kevin Hassett, American Enterprise ...
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Moody’s Mark Zandi: Don’t mess with the g-fees
America's economy is resilient, and I am confident that Republican pro ...
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Mark Zandi Quotations Sayings Famous Quotes Of Mark Zandi
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Mark Zandi
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Mark Zandi, chief economist of Moody's Analytics, speaks at the ...
Mark Zandi
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Mark Zandi
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Meet Mark Zandi, the Man Behind the Latest Job-Loss Report
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The Liberal Media Working Hard to Sustain Massive Government Spending
Nick DeWitz - It's tough to talk right now after losing the last five ...
Mark Zandi
Mark Zandi
Some people say it might be good for your career to die and then come ...