Austan Goolsbee Quotes
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That is what happened in 2010. The administration and the leadership of the Republicans thought, 'Well, we're making a deal together; we're showing the world things can be done in a bi-partisan way. We're extending all our tax cuts for two years.'
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In several quarters in the 2000s, if you added up all the private savings of everyone in the United States, it was less than nothing. You can't sustain that as a driver of growth.
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If it was up to me, I would have put more money into the state fiscal relief.
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I'm not afraid to take a punch.
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My impression is the Trump administration is in imminent danger of violating the gunfighter's credo, which is 'Do not pick seven fights if you are carrying a six shooter.'
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They set a low bar for Donald Trump, and he banged his head on it.
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Let's pass the small business credit enhancement bill so small business can get back on its feet.
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It's clear that the medium and long-run fiscal challenges facing the country have to do with the rise of entitlement spending, they have to do with the longer run imbalances that we've created in the structure of the system.
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You have to be looking for a job to get unemployment benefits. If you stop looking for work, you are no longer eligible to receive benefits.
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We know there are a lot of people in the unemployment pool that do not match up in their skill set for what jobs are going to be created, and that's an area we've got to keep pressing on.
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When the Internet first appeared, this heated debate developed among economists. One side said the Internet will make it easier for companies to price-discriminate, and it'll be fabulously profitable.
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I don't believe, the president doesn't believe, that the high income tax cuts work, period. I don't think the evidence supports that.
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Yes, prices go up in health care. They have been doing so for 80 straight years.
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I get massive invective, massive abuse, via email, phone messages, and Twitter. From people way, way to the right of center - scary, abusive kind of stuff. Really freaks out my assistant and my wife. Hate-filled.
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I don't see why anybody's playing chicken with the debt ceiling.
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What Disneyland was to my kids at age 10, that's kind of what Chicago is for economists.
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If we hit the debt ceiling, that's... essentially defaulting on our obligations, which is totally unprecedented in American history. The impact on the economy would be catastrophic.
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I was always a data guy, not a theorist. Theorists can maintain total purity. The data are always messy.
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If you look at the Greek economic record, it's been very similar to the U.S. experience in the first four years of the Great Depression. And after having a Depression-sized event, they've cut the unit-labor cost in Greece - they've closed something like half the gap with Germany.
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When Texans suffered from the collapse of the oil market in the 1980s, they could rely on the fiscal union to help them. When Texas boomed with rising oil prices in the 2000s, it contributed to the union to help harder hit regions.
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Trade has helped the economy grow. Simultaneously, a sizable number of Americans haven't shared in that bounty, and if we don't pay attention to their concerns, all the political favor for open markets will dry up.
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I always felt my role was like the pit crew in a NASCAR race, and President Obama was Dale Jr.- he's driving, and my job is to change the tires and get him back on the road.
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If Democrats don't go on Fox News, it doesn't mean that people stop watching.
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A lot more people are willing to invest in bonds denominated in euros. And there was the fiscal discipline argument, which is that this tied the hands of countries the market hasn't always trusted, which also helped them borrow at low rates.