Cold-turkey deficit reduction would cause a significant recession. A recent analysis by the Congressional Budget Office estimated that going headlong over the cliff would cause our gross domestic product, which has been growing at an annual rate of around 2 percent, to fall at a rate of 2.9 percent in the first half of 2013.
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"Cold-turkey deficit reduction would cause a significant recession. A recent analysis by the Congressional Budget Office estimated that going headlong over the cliff would cause our gross domestic product, which has been growing at an annual rate of around 2 percent, to fall at a rate of 2.9 percent in the first half of 2013." — Christina Romer
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Cold-turkey deficit reduction would cause a significant recession. A recent analysis by the Co…
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Cold-turkey deficit reduction would cause a significant recession. A recent analysis by the Congressional Budget Office estimated that going headlong over the cliff would cause our gross domestic product, which has been growing at an annual rate of around 2 percent, to fall at a rate of 2.9 percent in the first half of 2013. — Christina Romer
About Christina Romer
Christina Romer was a Economist from United States (1958–present).
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Who said "Cold-turkey deficit reduction would cause a significant recession. A recent ana…"?
This quote is attributed to Christina Romer, a Economist from United States.
When did Christina Romer live?
Christina Romer lived from 1958 – present.