Ed Lazear

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Last quote by Ed Lazear

I like the employment-to-population ratio because it's really the bottom line. What that tells you is the number of people working relative to the number of people who could be working. That number is at an eight-year high at 60 percent. It's the thing that affects labor demand. It means more jobs, it means higher wages. So, without productivity growth, we're not going to get there. My view is the way to get productivity growth moving again is to make sure that we lower the taxes on capital. Fortunately, both Congress and the president are talking about some reforms that will bring that about.feedback
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Mar 10 2017
Ed Lazear has most recently been quoted in an article called Ex-Bush 43 economist: Here are 4 things the US already has going for it. Ed Lazear said, “If you look at the history of the United States and our economy in particular, and you look at where we've been and what we've accomplished, it's really an amazing story. Look at the amount of churn there is in the labor market. Every year, 40 percent of the jobs turn over. Every single year. That's amazing. I complain about high taxes, I don't like what the last administration did to our tax rates, but even then, even with that, we still have a 25 percent tax-to-GDP ratio. You look at any other country, any G-7 country, their immigrants have higher unemployment rates than we have.”. Ed Lazear has been quoted a grand total of 5 times in 3 articles.
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