Charles Gabriel, director of Prudential Securities' Washington research unit, sounded a similar note. "They have used all the old economic policy tools as aggressively as they can," he said, adding that at this point "they are biting their nails."
At first read I thought that it was the administration that was saying there is nothing else we can do. On second read, it is apparent to me that these guys have little interest in implimenting your ideas harpseal. Do you think that they are defending/profiting from the status quo and; therefore, do not want to see regulatory and/or policy reform that would allow competition into the markets? In other words, are these guys embracing the use of heavy handed regulation to restrict competition?
We will agree that they have little interest in implementing these principles.
Do you think that they are defending/profiting from the status quo and; therefore, do not want to see regulatory and/or policy reform that would allow competition into the markets?,P>That is a pssibility other possibilities include they just do not really looka t the current state of trade policy (highly unlikely). Also very possible is they think that anything that says globalism is wonderful an dthe follow the fashion trend.
In other words, are these guys embracing the use of heavy handed regulation to restrict competition?
It does seem they are embracing government deciding who should be the individual winners and losers by embracing the status quo. Perhaps they do not see anything other than monetary or fiscal policy as affecting the economy or maybe their comments were out of context and they do see it and the report left those parts of theri statements out. I am not impugning people's motives per se until I have more information than a report of quotations taht may or may not be out of context.