Most arguments for instituting or raising a minimum wage are based on fairness and redistribution. Even if workers are getting a competitive wage, many of us are deeply disturbed that some hard-working families still have very little.
Christina RomerOur estimates suggest that a tax increase of 1 percent of GDP reduces output over the next three years by nearly 3 percent. The effect is highly significant.
Christina RomerYou care about the deficit because it allows you to do things you need to do to help people who are suffering.
Christina RomerThe very first email I got [was] from a women's group saying 'We don't want this stimulus package to just create jobs for burly men.'
Christina Romer