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" To me, entrepreneurship means something different. I think of it as identifying and valuing opportunity. "
Glenn Hubbard
Think
Different
Me
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" In response to the recession, the Obama administration chose to emphasize costly, short-term fixes - ineffective stimulus programs, myriad housing programs that went nowhere, and a rush to invest in 'green' companies. As a consequence, uncertainty over policy - particularly over tax and regulatory policy - slowed the recovery. "
Glenn Hubbard
Tax
Uncertainty
Green
" I think the ethos for Gov. Romney is to use a whole variety of policies, of which tax policy is one, to try to raise the rate of growth. We've had a recovery from the financial crisis that would be well below what one might normally expect for a recovery from such a deep recession. And to counteract that we need better tax policy. "
Glenn Hubbard
Think
Better
Deep
" President Obama has basically avoided or not done any attempt to intervene in any positive way in the housing market. I think in the financial crisis that's been a shame. "
Glenn Hubbard
Think
Done
Financial
" What Governor Romney is proposing is an across-the-board cut in marginal tax rates for households, every household in America by 20 percent. And we'll have to broaden the base to pay for that. Also, a very deep cut in the corporate rate. "
Glenn Hubbard
Cut
Percent
Tax
" I can't give political advice to politicians. "
Glenn Hubbard
Politicians
Political
Give
" I don't expect the U.S. and China to get into a trade war simply because I think there are good people on both sides who realize that that's not in either economy's interest. "
Glenn Hubbard
People
Good People
War
" I can't imagine an argument that says that raising marginal tax rates on high income people, many of whom are business owners, is a recipe for economic growth. "
Glenn Hubbard
Business
Argument
Growth
" President Obama has ignored or dismissed proposals that would address our anti-competitive tax code and unsustainable trajectory of federal debt - including his own bipartisan National Commission on Fiscal Responsibility and Reform - and submitted no plan for entitlement reform. "
Glenn Hubbard
Tax
Debt
Own
" Gradual fiscal consolidation may also be stimulative in the short run. "
Glenn Hubbard
Fiscal
Short
Run
" The Obama administration's attempted short-term fixes, even with unprecedented monetary easing by the Federal Reserve, produced average GDP growth of just 2.2% over the past three years, and the consensus outlook appears no better for the year ahead. "
Glenn Hubbard
Ahead
Better
Year
" The real issue for the public is to figure out which narrative do we want. We can have a bigger government, if that's the public's choice. It'll just require higher taxes on every American. Do you want that, or do you want smaller government, smaller taxes? "
Glenn Hubbard
Government
Want
You
" I think Governor Romney has a two-part budget plan that very much levels with voters far more so than any candidate in my lifetime. "
Glenn Hubbard
Budget
Far
More
" The Obama administration's large and sustained increases in debt raise the specter of another financial crisis and large future tax increases, further chilling business investment and job creation. "
Glenn Hubbard
Financial
Job
Business
" I don't accept as an article of faith that lots of short-term stimulus boosts the economy and gets us back on the long-term trajectory. "
Glenn Hubbard
Us
Lots
Faith