Outgoing White House economic adviser Dr. Christina Romer said on Wednesday that increased government spending combined with tax cuts will lead to lower unemployment for Americans.
Romer, who is stepping down from her position atop the Council of Economic Advisers to return to the University of California-Berkely to teach economics, told an audience at the National Press Club in Downtown Washington that increased spending on infrastructure projects and other ‘emergency measures’ could be offset by future spending cuts.
Romer also warned against using the nation’s rising deficit as an excuse for “for leaving unemployed workers to suffer.”