25 Quotes by Lawrence Lindsey

I think you need both, ... First of all, monetary policy doesn't work instantaneously either. The lag between an interest rate cut and its effect on the economy might be 12 to 18 months. Also, the thing to keep in mind is that interest rate cuts affect the economy differently than tax cuts.

That $40,000-a-year family with two kids could really use that $1,600 to retire that credit card debt, make a down payment on a car, and that's what we really want to see happen,

I would not be surprised to see 5 percent unemployment by the end of the summer. I would be surprised to see 6 percent.

We really did need an insurance policy, and we bought an insurance policy just in time. The test is going to be: Did we buy a big enough insurance policy? And we will know in the fourth quarter.

While it is not so large as to exert undue pressure on the real side of the U.S. economy, this emerging bubble is nonetheless real.

At the start, the euro is going to have problems as a reserve currency. It will ... have to earn its place.

disagree on the analysis before they ever get to the remedies.

The world's problems are starting to infect the U.S. economy,

The tax cut provides enough of a floor that we don't fall too far. We'll have a base from which to grow.