Sung Sohn
Sung Sohn
Sung Won Sohnis a Korean American economist, noted for his skill in economic forecasting. He is currently the Martin V. Smith Professor of Economics at California State University, Channel Islands...
backbone balance clearly consumers continue current economic growth support sustain tells
It clearly tells us that consumers have and will continue to sustain and support economic growth, ... Consumers have really been the backbone of current economic growth and will continue to be a stabilizer for the balance of this year.
cuts economy economy-and-economics fastest government help likely money next spend step tax
If you want to really help the economy right away, the fastest way to do that is to have the government spend the money itself, ... The next step would be to give tax cuts to low- and middle-income people, who are more likely to spend the money.
bubble california economic national
If there were a bubble in California and if it were to burst, that would be a national economic catastrophe.
assume desires mistake
I think we should know about candidates' desires and views, but I think it would be a mistake to assume that they will become reality.
economic falling fiscal monetary recovery strong support sure value
Clearly, the economic fundamentals of monetary and fiscal policies, as well as the falling value of the dollar, support a recovery. What we're not sure of is how strong the recovery is going to be.
economy job market woods
The economy and the job market are not out of the woods yet,
advantage boils continuing fence housing jumping low mortgage people rates sitting
It boils down to housing affordability; mortgage rates have risen, but they're still historically very low, ... We're continuing to see people who had been sitting on the fence jumping in to take advantage of these low rates before they go back up.
economy economy-and-economics performs prices remain rest
If prices remain where they are, and the rest of the economy performs well, that won't be the end of the world,
economy market maybe stock
Maybe the stock market bottomed on Sept. 21 and maybe the economy did the same.
continues deeper shows
This shows manufacturing continues to get deeper into recession,
economic recovery terrorist
Without the terrorist attacks, we would be experiencing economic recovery in this quarter.
increases jobs monetary policy unless until
Until and unless there are significant increases in jobs over a period, tighter monetary policy is out of the question.
cake demand eat goods lower satisfy services
We've been able to have our cake and eat it too -- satisfy our demand for goods and services and at lower prices,
gasoline notice pay
We notice it every day -- when we go to gasoline stations, we pay more,