Christina Romer

“The problem is not that we have too much stimulus. The problem is that we have too little.”

“What you need is a big, bold, temporary fiscal stimulus.”

“To a first approximation, the New Deal was a success.”

“The only way we are going to get out of this is for the Federal Reserve to do more.”

“We need to get the economy growing again to get the deficit down.”

“A key lesson from the Great Depression is that a fiscal stimulus can be highly effective when monetary policy is constrained.”

“I'm a firm believer that the private sector is the engine of growth.”

“The historical evidence on the effects of tax changes on growth is, in fact, much more mixed than is often acknowledged.”

“I do think it is a little bit of a struggle to get people to think of monetary policy as a tool for job creation.”

“There's no question that the recovery has been disappointingly slow.”

“Tax cuts for the wealthy are a particularly ineffective way to stimulate the economy.”

“The reality is that we're in a very deep hole, and it's going to take a long time to get out.”

“The evidence suggests that uncertainty is a very big drag on investment and hiring.”

“Monetary policy is not a panacea, but it is our most powerful tool for fighting a recession.”

“My main professional interest has been in how the economy works and how we can make it work better.”

“The long-term fiscal challenge is real and it's serious, but the immediate crisis is jobs.”

“The goal should be to get back to full employment as quickly as possible.”

“It's absolutely crucial that we don't repeat the mistakes of the 1930s by withdrawing support too soon.”

“We have to be willing to use all the tools at our disposal to get the economy moving again.”