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Christina Romer Quotes


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Quotes by Christina Romer

Showing 11-20 of 38 Quotes by Christina Romer

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.

~Christina Romer

Topics: About Absolutely Bit Certainly Deficit Differ Down Down The Road Economy Getting Little Little Bit Looking Need Place Plan President Road Said Something Think Where I Think

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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.

~Christina Romer

Topics: Blow Budget Coming Congressional Deficit Forward Go Going Government Government Spending Healthcare Hole Look Number Office One Thing Out Spending Studies Thing Years You

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We're committed to working with Congress to doing what the president said he was always going to do, which is cut the deficit in half over the - over his first term.

~Christina Romer

Topics: Always Committed Congress Cut Deficit Doing First First Term Going Half He His Over President Said Term Which Working

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Tax increases appear to have a very large sustained and highly significant negative impact on output.

~Christina Romer

Topics: Appear Highly Impact Increases Large Negative Output Significant Sustained Tax Very

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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.

~Christina Romer

Topics: Achieve Asset Bubbles Economic Economic Growth Expect Framework Goal Growth Long-Run Only Place Policymakers Price Put Regulatory Remain Should Something Sound Vigilant Without

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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.

~Christina Romer

Topics: Effect Estimates Highly Increase Nearly Next Our Output Over Percent Significant Suggest Tax Tax Increase Three Years 1 Percent Gdp

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The basic idea that if you increase government spending or you cut people's taxes that stimulates the economy and lowers the unemployment rate, is a very widely accepted idea. It's in every economics textbook, that's what we teach our undergraduates, and I certainly try to teach them the truth.

~Christina Romer

Topics: Accepted Basic Certainly Cut Economics Economy Every Government Government Spending Idea Increase Our People Rate Spending Stimulates Taxes Teach Textbook Them Truth Try Unemployment Very Widely You

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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.

~Christina Romer

Topics: Address Economists General General Public His Minimum Minimum Wage More Obama Popular President President Obama Proposed Public Raising State Tends Than Union Wage

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If every other store in town is paying workers $9 an hour, one offering $8 will find it hard to hire anyone - perhaps not when unemployment is high, but certainly in normal times. Robust competition is a powerful force helping to ensure that workers are paid what they contribute to their employers' bottom lines.

~Christina Romer

Topics: Anyone Bottom Certainly Competition Contribute Employers Ensure Every Find Force Hard Helping High Hire Hour Lines Normal Offering Other Paid Paying Perhaps Powerful Powerful Force Robust Store Times Town Unemployment Will Workers

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Many of my students assume that government protection is the only thing ensuring decent wages for most American workers. But basic economics shows that competition between employers for workers can be very effective at preventing businesses from misbehaving.

~Christina Romer

Topics: American American Workers Assume Basic Between Businesses Competition Decent Economics Effective Employers Ensuring Government Many Most Only Preventing Protection Shows Students The Only Thing Thing Very Wages Workers

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Biography

Nationality: American

Type: Economist

Born: December 25th, 1958

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