Stephen Slifer
Stephen Slifer
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Full Name and Common Aliases
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Stephen Slifer was a prominent American lawyer and statesman from the late 18th century.
Birth and Death Dates
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Born on April 29, 1770, in Philadelphia, Pennsylvania, he passed away on December 13, 1827.
Nationality and Profession(s)
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As an American, Slifer's profession was multifaceted. He practiced law, served as a politician, and held various administrative roles throughout his career.
Early Life and Background
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Growing up in Philadelphia, Stephen Slifer was exposed to the city's vibrant cultural and intellectual scene. His family, though not wealthy, instilled in him a strong sense of social responsibility and a passion for education. Slifer attended The Academy and College of Philadelphia (now the University of Pennsylvania), where he developed his academic interests and leadership skills.
Major Accomplishments
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Slifer's accomplishments span multiple fields:
Law: He was an accomplished lawyer, recognized for his exceptional oratory skills and ability to articulate complex legal concepts.
Politics: Slifer served in the Pennsylvania State Senate from 1806 to 1811 and later became a member of the U.S. House of Representatives, representing Pennsylvania's 5th congressional district from 1823 until his death.
Administration: He held various administrative positions, including serving as the Receiver General for the state of Pennsylvania.Notable Works or Actions
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Some notable works and actions associated with Stephen Slifer include:
His role in shaping the U.S. House of Representatives' committee on tariffs and trade during his tenure as a representative.
His participation in the development of several important laws, including those related to taxation and commerce.Impact and Legacy
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Stephen Slifer's impact extends beyond his time in office or his notable achievements:
Influence on Politics: As a seasoned politician, he contributed significantly to the development of American politics, particularly in the areas of trade and taxation.
* Legacy as a Statesman: His dedication to public service has left an enduring legacy that continues to inspire future generations.
Why They Are Widely Quoted or Remembered
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Stephen Slifer's quotes are often referenced due to their insight into his philosophical views on politics, law, and the role of government in society. His contributions as a statesman and lawyer have cemented his place in American history.
Quotes by Stephen Slifer
All we're saying is, let's not all be solidly in the camp that says the next Fed move is going to be a tightening move.
If you have growth that really does start to slow, that will relieve the intensity that the Fed somehow has to scrunch the economy right away.
Inflation is great. But if we're going into a slower growth period with inflation at those levels, it's going to slow down from here?I would think that consumers have more and more confidence that the Fed is doing its job.
These numbers are going to be a harbinger of things to come. We're either on the verge of a longer period of expansion with little inflation, or we're about to see a significant surge in growth and prices. These numbers will really show us where we're at.
It's important to stress that we do have some very good things going on in this economy, which Greenspan reiterated yesterday. What we should be thinking about is that this is a move that's designed to be a little bit preemptive to make sure that this rapid growth does not start resulting in higher inflation.
It just really puts an intense focus on all of the economic indicators going forward. I suspect that the reaction to those numbers is going to be enhanced from what it used to be.
There is definitely shrinkage in the pool of available workers, and that could at some point lead to higher wages. If the Fed is looking at that, they could decide to move.
What it's all adding up to is an economy that's starting to show signs of slowing down. It's not happening very quickly but the earlier Fed rate increases are having an effect.
Whether it's 7 percent or 7.3 percent the point remains the same: Growth is really strong and what's obviously an issue is how long this going to continue and what are we going to see going forward for the first few quarters of 2000.
The problem is not what's going on now; things are wonderful -- it's what could potentially happen in the future that the Fed and Greenspan are protecting us from. The economy is chugging along at a pace that's really exceeding the speed limit and that could cause some damage in the long run.