Christina Romer | "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."

"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, American Economist

Economy, Effect, Tax, Years

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"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."

"Every month that we do not have an economic recovery package 500 million Americans lose their jobs."

Author Name

Personal Development

"Telephones are a virtual necessity - not a luxury - and the revenues collected by this tax flow into the general fund. But this once temporary tax remains and costs American taxpayers, our small businesses and families almost $6 billion dollars a year."

Author Name

Personal Development

"No nation was ever ruined by trade."

Author Name

Personal Development

"The United States dollar took another pounding on German, French and British exchanges this morning, hitting the lowest point ever known in West Germany."

Author Name

Personal Development

"The buyer needs a hundred eyes, the seller not one."

Author Name

Personal Development

"Advances have fallen, generally, for everything except the biggest potential bestsellers. Given all the changes, both economic and technological, SF hasn't done too badly."

Author Name

Personal Development

"I suggest to you that increasing the size of America's economic pie - which can be achieved only if everybody has a seat at the table - is the most important challenge facing our country today."

Author Name

Personal Development

"Now, anybody who thinks that we can move this economy forward with just a few folks at the top doing well, hoping that it's going to trickle down to working people who are running faster and faster just to keep up, you'll never see it."

Author Name

Personal Development

"Root cause of inequality is the mass scale digital disruption advantage as means of wealth creation is concentrated."

Author Name

Personal Development

"India is undergoing profound transformations. We are today the fastest growing economy in the world. We want the Indian economy to be driven by smart and sustainable cities, robust farm sector, vibrant manufacturing and dynamic service sector. And, its engines to run on world class network of rails, roads, airports and digital connectivity."

Author Name

Personal Development

"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."

Economy

"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."

Politics

"Where we're coming down is we currently have $787 billion of stimulus that's been passed. We're certainly focusing on spending that money as quickly and as efficiently and as transparently as we can. We think that's absolutely the right strategy."

Money

"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."

Work

"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."

Goal

"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."

Government

"Tax increases appear to have a very large sustained and highly significant negative impact on output."

Negative

"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."

Economy

"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."

Finance

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"Every month that we do not have an economic recovery package 500 million Americans lose their jobs."

Author Name

Personal Development

"Telephones are a virtual necessity - not a luxury - and the revenues collected by this tax flow into the general fund. But this once temporary tax remains and costs American taxpayers, our small businesses and families almost $6 billion dollars a year."

Author Name

Personal Development

"No nation was ever ruined by trade."

Author Name

Personal Development

"The United States dollar took another pounding on German, French and British exchanges this morning, hitting the lowest point ever known in West Germany."

Author Name

Personal Development

"The buyer needs a hundred eyes, the seller not one."

Author Name

Personal Development

"Advances have fallen, generally, for everything except the biggest potential bestsellers. Given all the changes, both economic and technological, SF hasn't done too badly."

Author Name

Personal Development

"I suggest to you that increasing the size of America's economic pie - which can be achieved only if everybody has a seat at the table - is the most important challenge facing our country today."

Author Name

Personal Development

"Now, anybody who thinks that we can move this economy forward with just a few folks at the top doing well, hoping that it's going to trickle down to working people who are running faster and faster just to keep up, you'll never see it."

Author Name

Personal Development

"Root cause of inequality is the mass scale digital disruption advantage as means of wealth creation is concentrated."

Author Name

Personal Development

Author Name

Personal Development

More

"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."

Economy

"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."

Politics

"Where we're coming down is we currently have $787 billion of stimulus that's been passed. We're certainly focusing on spending that money as quickly and as efficiently and as transparently as we can. We think that's absolutely the right strategy."

Money

Work

"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."

Goal

"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."

Government

"Tax increases appear to have a very large sustained and highly significant negative impact on output."

Negative

"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."

Economy

Finance