Quotes of All Topics . Occasions . Authors
I'm not afraid to take a punch.
I was named DC's funniest celebrity.
Only Barack Obama consistently opposed NAFTA.
The debt ceiling is not something to toy with.
Research professors don't watch a whole lot of TV.
Koch Industries is a multibillion-dollar business.
Look, I don't dispute that the deficit has increased.
I don't see why anybody's playing chicken with the debt ceiling.
They set a low bar for Donald Trump, and he banged his head on it.
If it was up to me, I would have put more money into the state fiscal relief.
If Democrats don't go on Fox News, it doesn't mean that people stop watching.
Yes, prices go up in health care. They have been doing so for 80 straight years.
What Disneyland was to my kids at age 10, that's kind of what Chicago is for economists.
The president is 100 percent for extending the tax cuts for 98.7 percent of small businesses.
Let's pass the small business credit enhancement bill so small business can get back on its feet.
Applying cost-benefit analysis to regulation is no different than what most regulatory agencies do.
History teaches that the level of unemployment is not as important as whether the rate's going down.
I was always a data guy, not a theorist. Theorists can maintain total purity. The data are always messy.
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.
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.
In this country, we have partnerships, we have S corps, we have LLCs, we have a series of entities that do not pay corporate income tax.
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.
Whenever I interview someone for a job, I always ask them whether they want to sit in Bernanke's chair. The only wrong answer is, 'Who's Bernanke?'.
There's a certain kind of academic that comes to Washington and can't survive. They're the ones starting each sentence with 'The economic model says.'
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.
For every criticism of the U.S. economy, whenever people go into a panic, they look around and say, 'That's the cleanest shirt I have. So I'm putting it on.'
For policy makers interested in using tax policy to stimulate investments or especially to smooth business cycle fluctuations, the results are not promising.
The U.S. is still in a pretty good spot, especially relative to other advanced countries. The aging of our population is not as pronounced as almost anyone else's.
The share of income that small business people are paying in taxes is the lowest it has been in 65 years - since Obama has cut taxes 18 or 22 times for small business.
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.'
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.
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.
What happened is we went into a recession beginning in December of 2007 that was the worst since 1929. And it is a very deep hole that we have been struggling to get out of.
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.
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.
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.
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.
Cutting taxes for very high income people an average of more than $100,000 a year for people that make more than a million dollars a year is not an effective way to get the economy going.
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.
You can't look back at the worst financial crisis of our lifetimes that started in 2008 and not have some important lessons about the critical nature of oversights in financial markets and institutions.
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.
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.
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.
If a lobbyist sets up shop, or a lawyer, in which they're receiving income through what is something like a tax loophole so that it's not counting as corporate income, that is what this is counting as a small business.
Giving Northern Europe a veto over Southern Europe's budgets will not hold a monetary union together. The euro zone will continue to need the weaker countries to stomach decades of high unemployment to grind down wages.
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.
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.
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.
We've gone through rounds of tax cutting and rounds of tax increases in modern U.S. history. We haven't really had a big igniting of a trade war belligerence since the Depression era, and that's not an era that we want to repeat.
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.