John Snow
John Snow
John Snowwas an English physician and a leader in the adoption of anesthesia and medical hygiene. He is considered one of the fathers of modern epidemiology, in part because of his work in tracing the source of a cholera outbreak in Soho, London, in 1854. His findings inspired fundamental changes in the water and waste systems of London, which led to similar changes in other cities, and a significant improvement in general public health around the world...
estimates fourth growth high hurt line order quarter roughly seen third
I think it's probably on the high side. I've seen other estimates more in line with a half-percent hurt to GDP growth in the third quarter and fourth quarter -- but with a pick-up of roughly that order for '06,
domestic economy efforts jobs lift next overall quarter rebuilding
Rebuilding efforts will give GDP (gross domestic product), jobs and our overall economy a lift by the first quarter of next year,
ahead growth half loss percent quarters rate seem
It would seem to make sense to think that we could see loss of GDP growth rate in the quarters ahead of half a percent or so,
efforts lost next optimistic quarter rebuilding restore
But I am optimistic that rebuilding efforts will restore lost GDP by the first quarter of next year,
consequences disaster economy fourth national primarily quarter third
The consequences of this disaster for the national economy will be seen, I think, primarily in the third quarter and the fourth quarter and I think they'll be temporary,
changed changing combined company complex costs crew demand difficulty earnings equipment handling higher merger quarter rail result sector strong suffered throughout traffic year
Earnings have suffered this quarter and throughout the year as we have changed the composition of our company and implemented the most complex rail merger in history, ... We had difficulty handling strong fourth-quarter demand and changing traffic flows, particularly in the northwestern sector of our new, combined rail network. As a result of this congestion, locomotive, equipment and crew costs were much higher than we expected.
above continue continues economy key rise trend wages
I think we'll continue to see wages rise, and real wages will continue to rise as well. The key thing here is that the economy continues to expand, as it has well above trend line.
china committed course currency financial greater move opening position remains
I think that China remains committed to greater flexibility in their currency and opening of their financial markets, ... It's an irreversible course and we think they're now in a position to move even faster.
economy good poised recovery
I think the recovery is under way, and the economy is poised for a good take-off,
commitment good japan policies produces
Japan has demonstrated that commitment to good policies produces good results,
grow income operating principal revenue
which are the principal competitors of railroads and, in the process, we're going to grow our revenue and operating income.
avoid draw essential federal government response steps tailor taking
It is essential that the federal government play an appropriate role, but it should avoid taking steps that are excessive, ... We must tailor our response appropriately. How can we draw the lines? Much of that has yet to be determined.
cutting deficit effects felt goal half katrina meet path remain rita short
While the effects of Hurricanes Katrina and Rita will be felt in the short term, we remain on a path to meet the president's goal of cutting the deficit in half by 2009,
agenda burner cut estate issues otherwise push tax
will push to the back burner some issues that otherwise would have been on the agenda now -- the estate tax, tax cut permanence and other things.