Austan Goolsbee Quotes

Austan Goolsbee
Austan Goolsbee
American Public Servant
Born: Aug 18, 1969
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Related authors: Andrew Yang Ben Bernanke Betsy DeVos Clara Barton Elizabeth Warren Hope Hicks Jerome Powell Jim Mattis
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. Austan Goolsbee
Market Collapse Rising Rely Could Prices Fiscal Texans Texas Hit Oil Oil Prices Regions Them Help Union Suffered Harder
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. Austan Goolsbee
People Year Way High More Economy Make Dollars Effective Effective Way Very Than Get Going Taxes Average Cutting Income Million Million Dollars
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
Good You Behavior Internet Whatever Find Rise Data Drifted Could Toward Hound Altered Am End Up Commerce Information Working Naturally Company Amount Things Gather
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
Time People Lost Before Down Our Significant Jobs Rapidly More Take Push Part Coming Anticipate Than Going Million Million People
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. Austan Goolsbee
Work Believe Think President Evidence High Supports Period Tax Tax Cuts Cuts Income Income Tax
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. Austan Goolsbee
Challenges Entitlement Country Medium Spending System Run Rise Structure Facing Clear Longer Fiscal Created
The president is 100 percent for extending the tax cuts for 98.7 percent of small businesses. Austan Goolsbee
President Percent Small Small Businesses Tax Tax Cuts Cuts Businesses Extending
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
Will Country Big Year Think Impact Someone Rate Data Uncertainty Economic Economic Growth Main Drivers Support Over Makes Does Dollars Tax Tax Cuts Tax Rate Cuts Growth Growth Rate Million Million Dollars
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. Austan Goolsbee
People Pool Pressing Jobs Area Know Match Got Lot Up Unemployment Going Created Skill Keep Set
Look, I don't dispute that the deficit has increased. Austan Goolsbee
Increased Deficit Look Dispute
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. Austan Goolsbee
Together Will Giving Down Weaker High High Unemployment Countries Over Budgets Wages Continue Southern Unemployment Decades Stomach Veto Northern Hold Grind Euro Union Europe Monetary Zone Need
I was named DC's funniest celebrity. Austan Goolsbee
Named Celebrity Funniest
In Michigan, in the mid-'80s, the unemployment rate goes way up because a lot of factories shut down. And then, the mid-2000s, to pick a date, the unemployment rate in Michigan isn't that much higher than in the rest of the country. But the main way that happened is people moved. Austan Goolsbee
People Rest Country Down Way Rate Date Higher Factories Main Pick Because Lot Up Unemployment Than Unemployment Rate Michigan Goes Moved Happened Then Much Shut
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. Austan Goolsbee
People Discipline Argument Market Willing Borrow Rates More More People Invest Countries Also Tied Always Fiscal Lot Trusted Hands Which Low Them Helped Bonds
I'm not afraid to take a punch. Austan Goolsbee
Punch Take Afraid
What Disneyland was to my kids at age 10, that's kind of what Chicago is for economists. Austan Goolsbee
Age Kids Kind Economists Chicago Disneyland
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. Austan Goolsbee
Work You Benefits Job Looking Longer Unemployment Unemployment Benefits Get Stop Eligible Receive
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
You Key Neglecting Say Rapidly Investing Investments Countries Look Educations Trying Where Infrastructure Regulations Growing
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. Austan Goolsbee
Beginning Recession Worst Out Struggling Since Been Very Get December Happened Hole Deep
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. Austan Goolsbee
Good Other Else Our Relative Pretty Pretty Good Advanced Almost Countries Spot Still Anyone Aging Population
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. Austan Goolsbee
You Nothing Added Savings Everyone Several States Driver Quarters Private Up Than Sustain Less United United States Growth
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.' Austan Goolsbee
People Criticism Every Panic Say Cleanest Putting Economy Look Around Go Shirt Whenever
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. Austan Goolsbee
Depression Great You Experience First Half Closed Great Depression Record Cost Similar Something Having Economic Like Look Been Years Very Greece Germany Greek After Cut Gap Event Four
If Democrats don't go on Fox News, it doesn't mean that people stop watching. Austan Goolsbee
News People Democrats Go Stop Mean Watching Fox Fox News
Research professors don't watch a whole lot of TV. Austan Goolsbee
Research TV Lot Whole Professors Watch
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. Austan Goolsbee
Change Job Crew President Back President Obama Obama Driving He Road Like Him Felt Always NASCAR Role Get Pit Tires Race
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