One of the things we worry about when we cut the tax on gasoline is that it basically stimulates additional use.
More Quotes from Edward Lazear:
It would be a significant problem and it would move in exactly the wrong direction.Edward Lazear
We are moving into that phase where we expect that wage growth will catch up and take productivity over.
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
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
Over a longer period of time, it would be a significant problem.
Edward Lazear
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.
Edward Lazear
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