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Kevin Hassett Quotes
Kevin Hassett Quotes
Kevin Hassett
American
Economist
Better
Job
Money
People
Way
You
Related authors:
Alan Greenspan
Herbert A. Simon
John Kenneth Galbraith
Milton Friedman
Paul A. Volcker
Richard Thaler
Robert Reich
Thomas Sowell
Today we hear that the gains from economic growth accrue to the highest-income earners while the standard of living of the poor and middle America stagnates and the gap between the richest and the poorest grows ever wider. That portrait of the country is wrong.
Kevin Hassett
Today
Country
Living
Earner
Economic
Economic Growth
Wrong
Between
Hear
America
Middle
While
Gains
Poor
Poorest
Richest
Standard
Gap
Ever
Grows
Growth
Portrait
Wider
Given the importance of Washington, outsiders probably have an unrealistic perspective on how large the city is. The fact is, Washington D.C. is a small town, and most everyone knows most everyone else. That person of the other party who you despise will someday be at your daughter's birthday party.
Kevin Hassett
Birthday
You
Perspective
Will
Daughter
Party
Other
Else
Despise
Birthday Party
Everyone
Everyone Else
City
Someday
Given
Small
Unrealistic
Fact
Outsiders
Small Town
Town
Importance
Most
Knows
How
Person
Your
Who
Large
Washington
The problem is that there is no reliable source of information left, no way to accumulate trusted accounts of the plusses and minuses of any given political choice.
Kevin Hassett
Problem
Political
Way
Reliable
Given
Source
Left
Trusted
Accounts
Accumulate
Any
Information
Choice
Economists have the same occupational hazard as baseball managers and football coaches: Every person on the street knows their job better than they do.
Kevin Hassett
Better
Job
Every
Hazard
Football
Economists
Knows
Occupational
Than
Person
Same
Managers
Coaches
Baseball
Street
Lunchroom economic conversations are inevitably graced with at least one statement from an old-timer along the lines of, 'In my day, we walked 10 miles in the snow just to get to the recession.' In fact, the nature of recessions hasn't changed much over the years.
Kevin Hassett
Day
Nature
Recession
Changed
Statement
At Least One
Economic
Fact
Over
Along
Least
Inevitably
Years
Lines
Walked
Get
Snow
Just
In Fact
Conversations
Much
Miles
Old-Timer
The term 'business cycle' is imprecise. Economic fluctuations affect everyone, not just businesses, and they are, unlike astral cycles, anything but regular.
Kevin Hassett
Business
Everyone
Unlike
Economic
Term
Affect
Just
Anything
Regular
Cycle
Cycles
Businesses
For an American, as mad you may be about whatever the EPA or the IRS does, just imagine if you only had a one twenty-eighth vote over what it does. You were in this place with this big bureaucracy that sets rules, and you only have a small vote. You'd feel like you've given up your sovereignty, wouldn't you?
Kevin Hassett
You
Vote
Big
Whatever
Sets
Rules
Mad
About
Given
Only
Small
Had
Feel
Over
Like
Does
Were
Up
American
Bureaucracy
Sovereignty
May
Just
Place
IRS
EPA
Your
Imagine
I prefer to listen to people who change their mind now and then.
Kevin Hassett
Change
People
Mind
Listen
Prefer
Then
Who
Now
Now And Then
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