Recent research suggests that New Deal programs may actually have had their primary impact on the economy by influencing consumer and business expectations of future growth and inflation.

What I desire to point out is that I wish the law was not so, but that being the law, I must follow it.

The goal of long-run economic growth without asset price bubbles is not only achievable, but is something we should expect if we put a sound regulatory framework in place and if policymakers remain vigilant.

You care about the deficit because it allows you to do things you need to do to help people who are suffering.

The 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.'

Recent research suggests that New Deal programs may actually have had their primary impact on the economy by influencing consumer and business expectations of future growth and inflation.

There's a joke in economics about the drunk who loses his keys in the street but only looks for them under the lightposts. When asked why, he says, 'because that's where the light is.' That's the problem with the deficit.