History teaches that the level of unemployment is not as important as whether the rate's going down. Austan Goolsbee historyimportantlevel Change image and share on social
When Texans suffered from the collapse of the oil market in the 1980s, they could rely on the fiscal union to help them. When Texas boomed with rising oil prices in the 2000s, it contributed to the union to help harder hit regions. Austan Goolsbee 1980s2000sboom share on social
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 areacreatehave Change image and share on social
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 bigcountrycut share on social
It's clear that the medium and long-run fiscal challenges facing the country have to do with the rise of entitlement spending, they have to do with the longer run imbalances that we've created in the structure of the system. Austan Goolsbee challengeclearcountry share on social
The only question where there is disagreement is should the highest income rates above a quarter million dollars a year go back to where they were under Bill Clinton. That is the dispute about the taxes. Austan Goolsbee backbillclinton share on social
For policy makers interested in using tax policy to stimulate investments or especially to smooth business cycle fluctuations, the results are not promising. Austan Goolsbee businesscyclefluctuation Change image and share on social
The president is 100 percent for extending the tax cuts for 98.7 percent of small businesses. Austan Goolsbee businesscutextend Change image and share on social
Cutting taxes for very high income people an average of more than $100,000 a year for people that make more than a million dollars a year is not an effective way to get the economy going. Austan Goolsbee 000averagecut Change image and share on social
Look, I don't dispute that the deficit has increased. Austan Goolsbee deficitdisputeincrease Change image and share on social
