President Bush takes the credit for a 'shallow recession,' he denies any responsibility for an even 'more shallow' economic recovery.
More Quotes from Gene Sperling:
Many of the members of the faculty who oppose him have never fully appreciated the degree that he is someone who is very open to criticism, to reconsidering his positions, to frank discussion.Gene Sperling
I believe the administration may have been successful in the short term at hoodwinking the public,
Gene Sperling
I would say the question is not whether we're going to have growth or productivity, because I believe we will have both, but whether or not that will lead to a strengthening of the middle class or a hollowing out of the middle class.
Gene Sperling
If you look at what is clearly in their plans, it will cost a lot of money. We have not seen the details and ... are claiming that by all accounts it is being paid for with the largest amount of gimmicks, supply side growth, and double counting in history.
Gene Sperling
It's targeted toward people on welfare for a long time. It is not likely to just reward companies for people they would have hired anyway, but rather to provide those companies who are trying to do the right thing.
Gene Sperling
If you care about progress in market opening, you are going to have to have more ambitious compacts for sharing the downside costs as well as the benefits of open trade, ... As economists, we talk about how the benefits of lower prices are broadly shared. But the costs are very heavily concentrated.
Gene Sperling
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