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.
More Quotes from Edward Lazear:
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.Edward Lazear
We are moving into that phase where we expect that wage growth will catch up and take productivity over.
Edward Lazear
Over a longer period of time, it would be a significant problem.
Edward Lazear
Are people behaving as if they believe this is a weak economy I see no indication of that. In fact, I see the contrary.
Edward Lazear
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.
Edward Lazear
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