17 Quotes by Edward Lazear

The only way to eliminate the deficit in the long run is through growth.

One of the things we worry about when we cut the tax on gasoline is that it basically stimulates additional use.

We would see lower levels of investment, lower economic growth, and as a result, lower wage gains.

The term 'income inequality' is a bit misleading because it suggests in a somewhat pejorative way that the rich are getting richer at the expense of the poor,

It is a little surprising given the strength of the economy that there is a perception - at least among some of the public - that the economy is not very good.

Most who have been looking at the fourth quarter view that as a blip rather than a trend and expect a continued strong economy.

On the other side of the trade deficit, of course, is the capital surplus. We are buying more goods than we are selling, but, on the other hand, the capital account surplus means that the United States is such an attractive market...that individuals from abroad are investing in the United States...at a record rate.

But there are other issues that we have to think about is that the best way to be using our tax revenues? Is it the most efficient way to allocate our resources? And so there are a number of issues that are under study on that.

If we were to see an abrupt change in exchange rates, we might expect there might be some change in that. But again, I don't think anybody's predicting any kind of abrupt change.