Christina Romer Quotes

If You Look At The Studies Coming Out Of The Congressional Budget Office, The Number One Thing That's Going To Blow A Hole In The Deficit As We Go Forward 20, 30 Years Is Government Spending On Healthcare.

What I Desire To Point Out Is That I Wish The Law Was Not So, But That Being The Law, I Must Follow It.

You Care About The Deficit Because It Allows You To Do Things You Need To Do To Help People Who Are Suffering.

Making Labor Less Expensive Helps Firms Hire People.

I Think Something That Forces Financial Institutions To Write Down Underwater Mortgages, I Think, Would Be A Sensible Thing To Do.

Fewer People Working Means Permanently Lower Tax Revenues.

Our Estimates Suggest That A Tax Increase Of 1 Percent Of Gdp Reduces Output Over The Next Three Years By Nearly 3 Percent. The Effect Is Highly Significant.

The Very First Email I Got [was] From A Women's Group Saying 'we Don't Want This Stimulus Package To Just Create Jobs For Burly Men.'

I Think Where I Differ A Little Bit, We Absolutely Have To Think About The Deficit Looking Down The Road. And Certainly That's Something The President Has Said That We Need To, As The Economy Recovers, Have A Plan In Place For Getting It Down.

Tax Increases Appear To Have A Very Large Sustained And Highly Significant Negative Impact On Output. Since Most Of Our Exogenous Tax Changes Are In Fact Reductions, The More Intuitive Way To Express This Result Is That Tax Cuts Have Very Large And Persistent Positive Output Effects

In The Four Decades After World War Ii, Manufacturing Jobs Paid More Than Other Jobs For Given Skills. But That Is Much Less True Today. Increased International Competition Has Forced American Manufacturers To Reduce Costs. As A Result, The Pay Premium For Low-skilled Workers In Manufacturing Is Smaller Than It Once Was.

If Increasing Income Equality Is The Goal, It Might Be Wiser To Put Money Into Infrastructure Than To Subsidize Manufacturing. Construction Also Pays Good Wages, But With Lower Educational Requirements. And America's Infrastructure Needs Are Enormous.