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The basic idea that if you increase government spending or you cut people's taxes that stimulates the economy and lowers the unemployment rate, is a very widely accepted idea. It's in every economics textbook, that's what we teach our undergraduates, and I certainly try to teach them the truth.

— Christina Romer

Sentiment: POSITIVE

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✓Similar Perspectives

If there's unemployment, having the government help reduce that unemployment, increase employment directly is a pretty good idea. It's not driving out competition; it's not crowding out.

— Jeremy Grantham

In a very weak economy, when you say 'cut government spending,' what you mean is you're laying off school teachers and you're de-funding various programs that put money into the economy. This means you have more unemployed people that then draw unemployment benefits and don't pay taxes.

— Fareed Zakaria

I do believe in tax incentives in order to move the economy forward.

— Steve Southerland

Larger deficits are necessary and proper means to mitigate unemployment as the far greater evil in terms of human welfare.

— William Vickrey

We should reduce total government spending as a percentage of the economy.

— Grover Norquist

A temporary reduction in tax rates on individual incomes can be a powerful weapon against recession.

— Paul Samuelson

There's no reason to raise taxes. Taxes should be lower... The problem we have is that government spends too much, not that taxes are too low.

— Grover Norquist

When you reduce taxes on higher earners it's vital to be reducing them on lower earning people as well so the nation shares in the approach.

— William Hague

✗Opposing Perspectives

The idea that more taxes and more government spending is the best way to help hardworking middle class taxpayers - that's an old idea that's failed every time it's been tried.

— Marco Rubio

It was an absurd theory that by cutting taxes you would increase government revenues, because the growth of the economy would create an overflow of taxes that would fall into the government coffers.

— Sidney Blumenthal