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Koch Industries is a multibillion-dollar business.
Austan Goolsbee
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I can't remember exactly, but the White House is not keen on people going on Fox News. It's my view that while people in the administration feel that Fox News doesn't give them a fair shake, the fact of the matter is there are a lot of people who watch Fox News.
Austan Goolsbee
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I am a data hound and so I usually end up working on whatever things I can find good data on. The rise of Internet commerce completely altered the amount of information you could gather on company behavior so I naturally drifted toward it.
Austan Goolsbee
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The data does not support that high-income tax cuts are the main drivers of growth, so I don't think that uncertainty over what the tax rate will be for someone that makes a million dollars a year has that big an impact on the economic growth rate in the country.
Austan Goolsbee
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To the extent that the Trump administration doesn't like a strong dollar, something has got to give, and just yelling at other countries for devaluing when you're raising rates and they're cutting rates is not going to work.
Austan Goolsbee
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When I was at MIT, they had a beta test of Mosaic, the first popular browser. I remember looking at it, and there was a weather map or something. Now, in fairness to me, there weren't any websites then. But I remember saying, 'This is stupid - what's the point?' Now, of course, it's obvious.
Austan Goolsbee
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The U.S. fiscal union has worked, in no small part, by enabling subsidies to the Mississippis without requiring the approval of the Minnesotas. It creates an important form of insurance.
Austan Goolsbee
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We enter the government essentially in a hotel that is on fire. We're throwing people from the windows into the pool to save their lives and this is the evaluation of the Olympic diving committee: Well, the splash was too big.
Austan Goolsbee
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I was named DC's funniest celebrity.
Austan Goolsbee
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So more than 8 million people lost their jobs. It's going to take a significant push on our part and time before that comes down. I don't anticipate it coming down rapidly.
Austan Goolsbee
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Look, I don't dispute that the deficit has increased.
Austan Goolsbee
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All I'll say is if you look at countries where it is - where they are rapidly growing, they're investing in their infrastructure. They're investing in their educations. They are trying to streamline regulations, but they're not neglecting key investments.
Austan Goolsbee
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If we get to the point where we damage the full faith and credit of the United States, that would be the first default in history caused purely by insanity.
Austan Goolsbee
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If you're going to be an academic who's involved in the world of policy, you have to be involved in the world that exists.
Austan Goolsbee
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The debt ceiling is not something to toy with.
Austan Goolsbee
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The president is 100 percent for extending the tax cuts for 98.7 percent of small businesses.
Austan Goolsbee
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Only Barack Obama consistently opposed NAFTA.
Austan Goolsbee
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For policy makers interested in using tax policy to stimulate investments or especially to smooth business cycle fluctuations, the results are not promising.
Austan Goolsbee
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The only question where there is disagreement is should the highest income rates above a quarter million dollars a year go back to where they were under Bill Clinton. That is the dispute about the taxes.
Austan Goolsbee
