This recession is the deepest in our lifetimes, the deepest since 1929. If you take the people thrown out of work in the 1982 recession, the 1991 recession, the 2001 recession, not only is this bigger, this is bigger than all of those combined. Austan Goolsbee More Quotes by Austan Goolsbee More Quotes From Austan Goolsbee The data does not support that high-income tax cuts are the main drivers of growth, so I don't think that uncertainty over what the tax rate will be for someone that makes a million dollars a year has that big an impact on the economic growth rate in the country. Austan Goolsbee think support growth country We know there are a lot of people in the unemployment pool that do not match up in their skill set for what jobs are going to be created, and that's an area we've got to keep pressing on. Austan Goolsbee skill know pool people Look, I don't dispute that the deficit has increased. Austan Goolsbee dispute increased look deficit History teaches that the level of unemployment is not as important as whether the rate's going down. Austan Goolsbee down unemployment important history The U.S. fiscal union has worked, in no small part, by enabling subsidies to the Mississippis without requiring the approval of the Minnesotas. It creates an important form of insurance. Austan Goolsbee insurance without small important Giving Northern Europe a veto over Southern Europe's budgets will not hold a monetary union together. The euro zone will continue to need the weaker countries to stomach decades of high unemployment to grind down wages. Austan Goolsbee down will unemployment together We have to do everything we can to try to create jobs and get people back to work. Austan Goolsbee try back work people I was named DC's funniest celebrity. Austan Goolsbee funniest named dc celebrity I know it seems weird, but we've got to get control of the spread of the virus so that people can go back to spending their money on services and there will be less emphasis in demand for physical goods and cars and computers and all of the stuff that are experiencing the supply shortages. Austan Goolsbee The inflationists have the problem that every time a Democratic president has proposed to do something, they've said there is imminent danger of hyper-inflation, they've been systematically wrong over and over. Austan Goolsbee The Fed should absolutely be paying attention to what's happening online. Austan Goolsbee The No. 1 rule of virus economics is, go stop the virus if you want to fix the economy. Austan Goolsbee
