“To fix Social Security, we should first stop using the Consumer Price Index to adjust benefits for inflation. Using the C.P.I. overstates the impact of inflation and has also led to larger increases in benefits for Social Security recipients than the income gains of typical American workers.” ShouldFirstsSocialSecurityBenefitsGainsIncreaseImpactWorkersIncomeConsumersTypicalSocial SecurityInflationAmerican Workers Author:Steven Rattner
“When consumers do not take full advantage of efficiency gains, it is because they are weighing other factors that influence their decision making. When the federal government arbitrarily places one of those factors over others, it makes consumers worse off.” GovernmentDecisionInfluenceGainsAdvantageFactorsConsumersDecision MakingEfficiencyFederal GovernmentWeighing Author:Gina McCarthy
“Rather than simply interrupting a television show with a commercial or barging into the consumer’s life with an unannounced phone call or letter, tomorrow’s marketer will first try to gain the consumer’s consent to participate in the selling process.” TryingFirstsShowsProcessTelevisionTomorrowGainsLettersPhonesSellingConsumersConsentPhone CallsTelevision ShowsMarketersInterrupting Author:Seth
“Too much of the income gains go to too few people, even though all of the stakeholders worked together to make their companies successful. By failing to put enough income into more hands, the GDP grows slower and consumers manage to meet their needs by incurring high levels of debt.” PeopleNeedsEnoughHandsTogetherGrowsLevelsCompanySuccessfulToo MuchFailingGainsDebtIncomeManageConsumersHigh LevelGdpStakeholderIncurring Author:Philip Kotler
“The reality is that business and investment spending are the true leading indicators of the economy and the stock market. If you want to know where the stock market is headed, forget about consumer spending and retail sales figures. Look to business spending, price inflation, interest rates, and productivity gains.” IfsKnowsWantLooksRealityInterestForgetEconomyFiguresGainsInvestmentRateSpendingProductivityConsumersInflationInterest RateRetailIndicatorsRetail Sales Author:Mark Skousen