The only way to eliminate the deficit in the long run is through growth.
More Quotes from 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
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
One of the things we worry about when we cut the tax on gasoline is that it basically stimulates additional use.
Edward Lazear
We would see lower levels of investment, lower economic growth, and as a result, lower wage gains.
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
Readers Who Like This Quotation Also Like:
Based on Topics: Running QuotesTo be a Christian without prayer is no more possible than to be alive without breathing.
Martin Luther King, Jr.
I find the medicine worse than the malady.
John Fletcher
On the other hand, the vast majority of all westernized countries, including every single European country along with Israel and Japan, do not offer birthright citizenship.
Nathan Deal