You care about the deficit because it allows you to do things you need to do to help people who are suffering.
Christina RomerTax increases appear to have a very large sustained and highly significant negative impact on output.
Christina RomerMany of my students assume that government protection is the only thing ensuring decent wages for most American workers. But basic economics shows that competition between employers for workers can be very effective at preventing businesses from misbehaving.
Christina RomerA successful argument for a government manufacturing policy has to go beyond the feeling that it's better to produce 'real things' than services. American consumers value health care and haircuts as much as washing machines and hair dryers.
Christina Romer