Research Policy economist Professor Negative Tax increases appear to have a very large sustained and highly significant negative impact on output. - Christina Romer
Effect Years 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
Congress First 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
Goal Sound 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
Right Work You know, I think the, the crucial thing, you know, we have put in place what is, is just simply the biggest, boldest recovery package in history, right; the stimulus package, biggest ever; the financial rescue, absolutely comprehensive; a housing plan - that is incredible medicine for the economy. And we fully expect it to work. - Christina Romer
Economy Road 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
Financial What we're going to do is redouble our efforts on financial regulatory reform, because that has in it sensible things like say on pay, so at least the shareholders are minding the store, sensible things like saying, for heaven's sakes, compensation should be focused on - on long term, so that you don't have rewards for short-term risk-taking. - Christina Romer
While it was a very interesting period in my life, I was happy to get back to more direct contact with students in the classroom and in my research projects. - Jerome Isaac Friedman
We are involved in youth testing internationally. We want to try to prove without a shadow of a doubt the relationship between physical fitness and health, not just physical fitness and ability to perform. - Kenneth H. Cooper