Wednesday, December 3, 2014

1929 Style Quote of the Day: "This 2 percent to 3 percent growth range number just feels like it's kind of perpetual."

December 3, 2014
2% to 3% growth feels perpetual: Wal-Mart CEO

"This 2 percent to 3 percent growth range number just feels like it's kind of perpetual," he said on " Squawk Box " from the Business Roundtable meeting in Washington, D.C. "We're kind of like we were last year year. And as I look ahead to next year, it feels like more of the same."

You know, it just feels, you know, kind of perpetual, and stuff.

I didn't watch the video. Perhaps someone could tell me if he was asked what would happen when the unemployment rate drops to 0%, because maybe, just maybe, this relatively weak growth during an expansion would feel kind of less perpetual at that point.

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