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Austan Goolsbee Quotes

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 Picture Quote #1

If you had asked people in 1929, ‘Here is what is about to happen. How much would you pay to avoid the Great Depression from occurring?’ the answer is they would have paid a lot. They would have borrowed money if it could be used to prevent the Great Depression Picture Quote #1

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 Picture Quote #1

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 Picture Quote #1

There were 14,000 people at the rally for the president in Ohio. There were another 8,000 people in Virginia. If all 22,000 of those people opened their wallets and gave $1,000 each, that would be less than one donation from a billionaire to the super PACs. And that’s why he’s in for the fight of his life Picture Quote #1

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 Picture Quote #1

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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 Picture Quote #1

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 Picture Quote #1

For policy makers interested in using tax policy to stimulate investments or especially to smooth business cycle fluctuations, the results are not promising Picture Quote #1

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 Picture Quote #1

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 Picture Quote #1

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 Picture Quote #1

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This recession is the deepest in our lifetimes, the deepest since 1929. If you take the people thrown out of work in the 1982 recession, the 1991 recession, the 2001 recession, not only is this bigger, this is bigger than all of those combined Picture Quote #1

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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 Quotes) If you had asked people in 1929, ‘Here is what is about to happen. How much would you pay to avoid the Great Depression from occurring?’ the answer is they would have paid a lot. They would have borrowed money if it could be used to prevent the Great Depression (Austan Goolsbee Quotes) 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 Quotes) 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 Quotes) There were 14,000 people at the rally for the president in Ohio. There were another 8,000 people in Virginia. If all 22,000 of those people opened their wallets and gave $1,000 each, that would be less than one donation from a billionaire to the super PACs. And that’s why he’s in for the fight of his life. (Austan Goolsbee Quotes) 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 Quotes) 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 Quotes) 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 Quotes) 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 Quotes) 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 (Austan Goolsbee Quotes) 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 Quotes) 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 Quotes) This recession is the deepest in our lifetimes, the deepest since 1929. If you take the people thrown out of work in the 1982 recession, the 1991 recession, the 2001 recession, not only is this bigger, this is bigger than all of those combined (Austan Goolsbee Quotes)