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The specter of inflation: entitlement programs have created huge debts, and one Federal Reserve official thinks that the government's answer to the problem could send the economy into a tailspin.(ECONOMY)
At a conference on April 16, Richard Fisher, president and chief executive officer of the Federal Reserve Bank of Dallas, warned that the U.S. economy could be facing trouble in the future. "According to official government reports," cautioned Fisher, when it comes to wealth transfer programs including Social Security and Medicare "the gap between what we will take in and what we have promised to pay ... now stands at $83.9 trillion." That's a tremendous amount of money, and it points to a problem lacking easy solutions. Says Fisher: "The potent combination of lower birthrates, higher medical costs and longer life expectancies provides little reason to hope that the ...
- Jim Mattox and Richard Fisher Forced Into Runoff
- Transcript from: NPR Morning Edition March 9, 1994 700+ words
...General Jim Mattox and businessman Richard Fisher face a runoff election next month...the three-way race over opponents Richard Fisher and Houston Congressman Mike Andrews...Candidate for U.S. Senate: This guy Richard Fisher voted for Reagan and Bush and Ross...
- Richard Fisher Becomes Special Senior Advisor at Investcorp.
- Press release article from: PR Newswire January 23, 2003 700+ words
...Investcorp in this advisory capacity." Richard Fisher said, "I have known Investcorp for...this world-class organization." Richard Fisher joined Morgan Stanley in 1962 and began...Witter, and Chairman Emeritus in 2000. Richard Fisher has a Bachelor's degree in History...
- Remarks by President Clinton at Democratic Fundraiser for Richard Fisher July 19
- Newspaper article from: U.S. Newswire July 21, 1994 700+ words
...Clinton at a Democratic Fundraiser for Richard Fisher July 19: The Mayflower Hotel Washington...Applause.) Let me tell you about Richard Fisher and one reason I'm here tonight...of their actions. And I think that Richard Fisher is better positioned to do that than...
- EDS Elects Former Deputy U.S. Trade Representative Richard Fisher to Board of...
- Press release article from: PR Newswire April 22, 2004 700+ words
EDS today announced it has elected Ambassador Richard Fisher, former deputy U.S. trade representative, to its...We're pleased to have a distinguished executive of Richard Fisher's caliber join our board," said Mike Jordan, EDS...
- Fisher brother helps build family legacy.(PROFILE OF THE WEEK: Richard Fisher,...
- Magazine article from: Real Estate Weekly Misonzhnik, Elaine May 25, 2005 700+ words
Fisher Brothers' senior partner, Richard Fisher, had as inconspicuous a start in the real estate business...Commission. The family business, however, is only one of Richard Fisher's pursuits. On May 10, he became the recipient of the...
- Infrastruct Security Adds Renowned International Security Experts to Executive...
- Press release article from: Business Wire August 8, 2006 700+ words
...its executive team - Offer Baruch as Senior Consultant and Richard Fisher as Executive Vice President and Chief Security Officer...Politics. He is fluent in Hebrew, Arabic, and English. Richard Fisher, who is a Certified Protection Professional (CPP) and...
- Richard Fisher, Vice Secretary of Commerce, to Fill in for Secretary William...
- Press release article from: PR Newswire February 14, 2000 700+ words
Tomorrow, February 15 at 8 a.m. EST from the American Chamber of Commerce in Sao Paulo, Brazil, Richard Fisher, U.S. Vice Secretary of Commerce, will hold a one-hour video conference with Katz International Executive MBA students and...
- Biogen Appoints Richard Fisher As Director Of Human Resources
- Press release article from: PR Newswire January 17, 1997 700+ words
...CAMBRIDGE, Mass., Jan. 17 /PRNewswire/ -- Biogen, Inc. (Nasdaq: BGEN) today announced the appointment of Richard Fisher as Director of Human Resources. In this new position, Mr. Fisher will be responsible for employment, organization...
Source: HighBeam Research, The specter of inflation: entitlement programs have created huge...