If you look at the studies coming out of the Congressional Budget Office, the number one thing that’s going to blow a hole in the deficit as we go forward 20, 30 years is government spending on healthcare.
Christina Romer Quotes
I think where I differ a little bit, we absolutely have to think about the deficit looking down the road. And certainly that's something the president has said that we need to, as the economy recovers, have a plan in place for getting it down.
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What we’re going to do is redouble our efforts on financial regulatory reform, because that has in it sensible things like say on pay, so at least the shareholders are minding the store, sensible things like saying, for heaven’s sakes, compensation should be focused on – on long term, so that you don’t have rewards for short-term risk-taking.
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Birth: | 25th December, 1958 |
Nationality: | American |
Profession: | Economist, Professor |
Christina D. Romer was born in Alton, Illinois. She is an American economist and professor. She is the Class of 1957 Garff B. Wilson Professor of Economics at the University of California, Berkeley and a former Chair of the Council of Economic Advisers in the Obama administration. She resigned from her role on the Council of Economic Advisers on September 3, 2010. She obtained her bachelor's degree in economics from The College of William & Mary in 1981, and her Ph.D. from the Massachusetts Institute of Technology in 1985. Upon completion of her doctorate, she started working as an assistant professor at Princeton University. In 1988 she moved to the University of California, Berkeley and was promoted to full professor in 1993.
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