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Recovery measures work better when they raise confidence - as Franklin D. Roosevelt understood. His fireside chats, and his inaugural address proclaiming he would fight the Great Depression with the same resolve he would muster against a foreign foe, were aimed at reassuring Americans.

From Christina Romer

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.

From Christina Romer

If you think about it, candidate Obama, Sen. Obama, was running on sort of long-run economic issues, like restoring prosperity to the middle class, dealing with the perennial problem of health care in the United States. He talked a lot about the budget deficit, about the need to transition to clean energy.

From Christina Romer

A natural way that an economist approaches a problem is to say, here's where I think the economy is going; this is what we need to deal with the problem.

From Christina Romer

I think something that forces financial institutions to write down underwater mortgages, I think, would be a sensible thing to do.

From Christina Romer

A 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.

From Christina Romer

Christina Romer

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