Mark Vitner
Mark Vitner
earlier harder january large likely revision
We're likely to see large upward revision to earlier data, so it'll be harder for January to show a big gain.
afford clearly cuts debate helped lead recovery sustained tax whether
The debate about tax cuts shouldn't be whether they helped or not -- they clearly helped taxpayers. The debate should be whether we can afford them and whether they can lead to a sustained recovery in economy.
budget deficit federal government increases interest means rates tax
When the federal government increases the budget deficit it increases interest rates on everybody, so it is like a tax increase on borrowing. What that means is that mortgages will be more expensive.