What happened is we went into a recession beginning in December of 2007 that was the worst since 1929. And it is a very deep hole that we have been struggling to get out of. — Austan Goolsbee Copy Share Image
This recession is the deepest in our lifetimes, the deepest since 1929. If you take the people thrown out of work in the 1982 recession, the 1991 recession, the 2001 recession, not only is this bigger, this is bigger than all of those combined. — Austan Goolsbee Copy Share Image
It's clear that the medium and long-run fiscal challenges facing the country have to do with the rise of entitlement spending, they have to… — Austan Goolsbee Copy Share Image
The president is 100 percent for extending the tax cuts for 98.7 percent of small businesses. — Austan Goolsbee Copy Share Image
There's a certain kind of academic that comes to Washington and can't survive. They're the ones starting each sentence with 'The economic model says.' — Austan Goolsbee Copy Share Image
The U.S. fiscal union has worked, in no small part, by enabling subsidies to the Mississippis without requiring the approval of the Minnesotas. It… — Austan Goolsbee Copy Share Image
If a lobbyist sets up shop, or a lawyer, in which they're receiving income through what is something like a tax loophole so that… — Austan Goolsbee Copy Share Image
When I was at MIT, they had a beta test of Mosaic, the first popular browser. I remember looking at it, and there was… — Austan Goolsbee Copy Share Image
I believe - I'm not a political expert, but I believe there is a broad consensus, a middle ground if you will, that Democrats… — Austan Goolsbee Copy Share Image
The data does not support that high-income tax cuts are the main drivers of growth, so I don't think that uncertainty over what the… — Austan Goolsbee Copy Share Image
The share of income that small business people are paying in taxes is the lowest it has been in 65 years - since Obama… — Austan Goolsbee Copy Share Image
Trade has helped the economy grow. Simultaneously, a sizable number of Americans haven't shared in that bounty, and if we don't pay attention to… — Austan Goolsbee Copy Share Image
We have to do everything we can to try to create jobs and get people back to work. — Austan Goolsbee Copy Share Image