Christina Romer Quotes

37 quotes in 829 categories

• 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…
• 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…
• Tax increases appear to have a very large sustained and highly significant negative impact on output.
• 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.'
• 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…
• Fewer people working means permanently lower tax revenues.
• I think something that forces financial institutions to write down underwater mortgages, I think, would be a sensible thing to do.
• Making labor less expensive helps firms hire people.
• You care about the deficit because it allows you to do things you need to do to help people who are suffering.
• A natural way that an economist approaches a problem is to say, here's where I think the economy is going; this is what we need…
• A successful argument for a government manufacturing policy has to go beyond the feeling that it's better to produce 'real things' than services. American consumers…
• 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…
• As an economic historian, I appreciate what manufacturing has contributed to the United States. It was the engine of growth that allowed us to win…
• Climate change and dependence on foreign oil are problems that won't go away on their own. Tabling plans to deal with them doesn't make it…
• Cold-turkey deficit reduction would cause a significant recession. A recent analysis by the Congressional Budget Office estimated that going headlong over the cliff would cause…
• Honest talk about the deficit is risky. Voters are more enthusiastic about the abstract notion of deficit reduction than about the painful details of accomplishing…
• If every other store in town is paying workers $9 an hour, one offering $8 will find it hard to hire anyone - perhaps not…
• If you think about it, candidate Obama, Sen. Obama, was running on sort of long-run economic issues, like restoring prosperity to the middle class, dealing…
• Most arguments for instituting or raising a minimum wage are based on fairness and redistribution. Even if workers are getting a competitive wage, many of…
• President Obama has repeatedly urged Congress to let the Bush tax cuts expire for those earning more than $250,000 a year. Increasing rates on top…

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