A successful argument for a government manufacturing policy has to go beyond the feeling that it's better to … - Christina Romer

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NAPOLEON: What shall we do with this soldier, Giuseppe? Everything he says is wrong. GIUSEPPE: Make him a general, Excellency, and then everything he says will be right.

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.

Feeling, Hair, Produce, Real, Successful, Things

Same Author Quotes

Fewer people working means permanently lower tax revenues.

Mean, People, Taxes, Permanently, Revenues

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

Financial, Think, Thinking, Underwater, Writing

Making labor less expensive helps firms hire people.

Expensive, Firm, Helping, Labor, Making, People

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.

Natural, Needs, Problem, Think, Thinking, Way

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.

Drunk, Joke, Keys, Light, Lightposts