50 Quotes by Christina Romer

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.

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 value health care and haircuts as much as washing machines and hair dryers.

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.

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 easier for companies to plan and invest; it makes it harder.

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