- Long
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- Nov 07, 2020
Top 10 Christina Romer Quotes
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- Last Updated on May 30, 2021
- Efficiently
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- Nov 07, 2020
Where we're coming down is we currently have $787 billion of stimulus that's been passed. We're certainly focusing on spending that money as quickly and as efficiently and as transparently as we can. We think that's absolutely the right strategy.
- Looking
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- Nov 07, 2020
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.
- Government Spending
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- Nov 07, 2020
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.
- Doing
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- Nov 07, 2020
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.
- Large
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- Nov 07, 2020
Tax increases appear to have a very large sustained and highly significant negative impact on output.
- Only
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- Nov 07, 2020
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.
- Next
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- Nov 07, 2020
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.
- Government Spending
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- Nov 07, 2020