Edward Lazear Quotes (12 Quotes)

Over the longer period of time it would move in exactly the wrong direction because it would encourage us to use more oil, not less.

Are people behaving as if they believe this is a weak economy I see no indication of that. In fact, I see the contrary.

One of the things we worry about when we cut the tax on gasoline is that it basically stimulates additional use.

We would see lower levels of investment, lower economic growth, and as a result, lower wage gains.

The only way to eliminate the deficit in the long run is through growth.

But there are other issues that we have to think about is that the best way to be using our tax revenues Is it the most efficient way to allocate our resources And so there are a number of issues that are under study on that.

It would be a significant problem and it would move in exactly the wrong direction.

We are moving into that phase where we expect that wage growth will catch up and take productivity over.

It is a little surprising given the strength of the economy that there is a perception - at least among some of the public - that the economy is not very good.

On the other side of the trade deficit, of course, is the capital surplus. We are buying more goods than we are selling, but, on the other hand, the capital account surplus means that the United States is such an attractive market...that individuals from abroad are investing in the United States...at a record rate.

If you look at the housing market and say, are housing prices going up where job growth is high, where wage growth is high, where demographic movement brings people into the housing market All of those things seem to be true.

Over a longer period of time, it would be a significant problem.