Political Quotes

As I have said many times, I think that fiscal policy is focusing a bit too much on the short run, and not enough on the long run.

Large deficits in debt over a long period of time raise interest rates above levels where they normally would be and crowd out private investment and are bad for growth and productivity.

undesirable boom-bust cycles that ultimately lead to both a less stable economy and higher inflation

The potential of Artificial Intelligence is enormous, and so is the range of outcomes. How that potential plays out will depend, in part, on the institutions we build it around.