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 Quotes
For policy makers interested in using tax policy to stimulate investments or especially to smooth business cycle fluctuations, the results are not promising.
Similar Quotes
Advertising is selling Twinkies to adults.
- Donald R. VanceInnovation distinguishes between a leader and a follower.
- Steve JobsWe love our business. We have never been more enthusiastic about cable and its future.
- Brian L. RobertsAmerican business has just forgotten the importance of selling.
- Barry GoldwaterIn this business you either sink or swim or you don't.
- David Smith
Share with your friends