Years Research Policy Effect economist 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
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
Years Government 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. - 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
Negative Tax increases appear to have a very large sustained and highly significant negative impact on output. - 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
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
When I went off to the army when I was 17 years old, I believed in America and the rights of freedom. But today I believe my government is lying to the American people and that my president, George Bush, is a criminal. - Jack Herer
I'm 23 years old. I might just be my mother's child, but in all reality, I'm everybody's child. Nobody raised me; I was raised in this society. - Tupac Shakur
I have trusted to my intuition to find the subjects, and I have written intuitively. I have an idea when I start, I have a shape; but I will fully understand what I have written only after some years. - V. S. Naipaul
As much as I transferred my mother to Elizabeth Shore of The Black Dahlia, as much as her dad mutated into an obsession with crime in general, well, I have thought about other things throughout the years. - James Ellroy