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 pretty happy not to be an insider anymore. There's just no common ground. I don't know if it's distrust or that the politics is substantially more partisan than the public. But there's no pressure to make a grand bargain on fiscal matters, on growth, on anything.
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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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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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Let's pass the small business credit enhancement bill so small business can get back on its feet.
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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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They set a low bar for Donald Trump, and he banged his head on it.
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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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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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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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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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What Disneyland was to my kids at age 10, that's kind of what Chicago is for economists.
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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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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 was always a data guy, not a theorist. Theorists can maintain total purity. The data are always messy.
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I don't see why anybody's playing chicken with the debt ceiling.
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We have to do everything we can to try to create jobs and get people back to work.
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I believe - I'm not a political expert, but I believe there is a broad consensus, a middle ground if you will, that Democrats and Republicans, business people and workers can agree on, to get this - the economy growing faster, getting people back to work.
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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.