tag:blogger.com,1999:blog-235433516644980443.post2818019993552826229..comments2024-03-27T05:08:10.195-04:00Comments on Jeff For Banks: Guest Post: Quarterly Economic Commentary by Dorothy JaworskiJeff Marsicohttp://www.blogger.com/profile/12153599647481141591noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-235433516644980443.post-55535491646232871572016-11-14T13:47:09.731-05:002016-11-14T13:47:09.731-05:00Mike,Thanks for your comments. I am so glad to se...Mike,Thanks for your comments. I am so glad to see the Fed raising these same issues. I continue to worry about the government crowding out effects, declining workforce, and high debt levels all leading to weak GDP growth. I also believe that rates will stay low, the huge selloff in the past week notwithstanding.Dorothy Jaworskinoreply@blogger.comtag:blogger.com,1999:blog-235433516644980443.post-38303482838835992522016-11-11T13:25:07.081-05:002016-11-11T13:25:07.081-05:00Dorothy -- Thanks for sharing, I always enjoy you...Dorothy -- Thanks for sharing, I always enjoy your commentary. I sat in on a panel discussion with a representative from the Dallas FRB last week. When asked what worries him about the economy, he noted four things: 1) The impact upon GDP as a result of a declining workforce due to aging (see Japan). 2) Government crowding out the private sector (as you noted). 3) Excess capacity overseas and what amounts to "state sponsored" industry sectors that we can't compete against on a cost basis. 4) Overall disruption caused by technology, especially as it relates to displacement of workers. He predicted an extended period of historically low interest rates.Anonymoushttps://www.blogger.com/profile/07875534656340044646noreply@blogger.com