Making Labor Less Expensive Helps Firms Hire

The Goal Of Long-run Economic Growth Without Asset Price Bubbles Is Not Only Achievable, But Is Something We Should Expect If We Put A Sound Regulatory Framework In Place And If Policymakers Remain Vigilant.

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.

As A Former Member Of President Obama's Economic Team, I Have A Soft Spot For The Fiscal Stimulus Legislation He Signed Just A Month After His Inauguration.

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

Raising The Minimum Wage, As President Obama Proposed In His State Of The Union Address, Tends To Be More Popular With The General Public Than With Economists.