First, we have developed mechanisms for financing new ventures. And third, we have created the role of the professional entrepreneur in the U. While we yet hold and do not yield our opposing beliefs, there is a higher duty than the one we owe to political party. And while there will be time enough to debate our continuing differences, now is the time to recognize that that which unites us is greater than that which divides us.
Before the National Technology Forum, St. At the sixth annual reception for regulators, sponsored by Women in Housing and Finance, Washington, D. Technology and the economy.
Implementing the Gramm-Leach-Bliley Act. Technology innovation and its economic impact. Some have expressed concern that the unusual nature of this election might hamper the next president in the conduct of his office. Some recent findings regarding the economic condition of minority Americans.
And a vibrant entrepreneurial infrastructure has fostered innovative start-ups that have put new technology to work and helped produce impressive gains in productivity. What we don't want is for strong growth to cross over into a boom, because we know that booms are followed by busts. Structural change in the new economy. But in the second half of the decade we fully participated in the good times. Perspectives on innovation in the retail payments system.
Certainly neither of us wanted it to happen. Technological innovation and the economy. Not only have companies in the Philadelphia suburbs been scouring the landscape for workers, they have also been taking up more and more office space. President, and God bless you.
The center has launched more than successful start-up organizations. Like many of you, I'm looking forward to spending the holidays with family and old friends. Text version below transcribed directly from audio. As a matter of fact, since jobs in the Philadelphia area have increased only about three-fourths as fast as jobs in the country as a whole.
Major changes in technology have spurred strong, and accelerating, growth in labor productivity, which in turn has contributed to strong U. This has been an extraordinary election. That indicates the story on the supply side is not the result of temporary factors alone. The strong pace of economic growth has been matched by the strong growth of employment. Balancing independence and accountability.
Next month our current economic expansion will become the longest in U. This is wonderful news for the average American, because it ultimately translates into a higher standard of living.
Indeed, that history gives us many examples of contests as hotly debated, as fiercely fought, with their own challenges to the popular will. The economy has become increasingly more productive in its use of labor and capital. Productivity and efficiency in the Federal Reserve System. Opportunities and challenges.
Let me caution that the development of this entrepreneurial infrastructure in the U. Low inflation is a friend, not an enemy, of maximum sustainable growth of the economy and jobs. But will increases in productivity growth continue forever?
George W. Bush Acceptance Speech
In the land of the Philadelphia Flyers, I believe we call that a hat trick! The region has also seen its share of growth from new companies in computer and Internet technologies. The evolving demand for skills.
Let me mention just a few. More rapid growth of productivity in the United States has been closely tied to the rapid development and deployment of new computer and telecommunications technologies. Some of the areas with the tightest labor markets in the Philadelphia region are right here along the Main Line.
Speeches of Federal Reserve Officials
Close Speeches Overview Patrick T. The next chapter in community development.
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American entrepreneurs can also get encouragement and support in a number of other ways. Economic challenges in the new century. Other disputes have dragged on for weeks before reaching resolution. By that I do not mean we outperformed the nation. Electronic commerce, banking, irish karaoke and payments.
The competitive marketplace continues to perform its role of testing new ideas and products. But our disappointment must be overcome by our love of country. The office vacancy rates in the Philadelphia suburbs dropped into single digits about two years ago and have remained there. Permanent normal trade relations with China. These incubators are most often sponsored by state and local government and nonprofit organizations.
Let there be no doubt, while I strongly disagree with the court's decision, I accept it. Tipper and I feel a deep gratitude to Joe and Hadassah Lieberman, who brought passion and high purpose to our partnership and opened new doors, not just for our campaign but for our country. Venture funds and angels look for startups that have a very high expected rate of return because they know that some will inevitably fail. Realism during times of opportunity. Technological changes and the consequent improvements in productivity are not the only factors that have helped alter the supply side of the U.
In fact, industrial capacity and hence aggregate supply has risen at a faster pace than demand for industrial outputs. Why isn't strong economic growth in the U. We've had a better mix of fiscal and monetary policies.
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