Quotessence
Home / Quotes / Quote by Christina Romer

Quote by Christina Romer

“If increasing income equality is the goal, it might be wiser to put money into infrastructure than to subsidize manufacturing. Construction also pays good wages, but with lower educational requirements. And America's infrastructure needs are enormous.”

Quote by Christina Romer

Author

Christina Romer
Christina Romer

Christina Romer is a renowned economist born on December 25, 1958. She has conducted extensive research in economics, particularly in the fields of macroeconomics and economic growth. Professor Romer taught at the University of California, Berkeley, and served as the chair of the National Bureau of Economic Research (NBER) during the Obama administration. more

You May Also Like

“In the four decades after World War II, manufacturing jobs paid more than other jobs for given skills. But that is much less true today. Increased international competition has forced American manufacturers to reduce costs. As a result, the pay premium for low-skilled workers in manufacturing is smaller than it once was.”