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.
More Quotes from Edward Lazear:
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.Edward Lazear
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.
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
It would be a significant problem and it would move in exactly the wrong direction.
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
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