"We're committed to working with Congress to doing what the president said he was always going to do, which is cut the deficit in half over the - over his first term"
About this Quote
A sentence like this is less an economic forecast than a political sandbag with footnotes. Romer is speaking as an economist inside a White House that needs credibility with two audiences at once: lawmakers who control the purse strings and voters anxious about red ink. The intent is to reassure, but also to pre-empt: by anchoring the administration to a vivid benchmark - "cut the deficit in half" - she turns a messy, recession-era budget debate into a single, headline-friendly metric.
The subtext is in the careful scaffolding of legitimacy. "Committed to working with Congress" signals that responsibility is shared, not owned; if the target slips, the blame can be distributed. Then comes the nested appeal to authority: "doing what the president said he was always going to do". "Always" is a small word doing heavy lifting, recasting a contingent campaign promise as a standing principle. It’s a way to launder political necessity into narrative consistency.
The verbal stutter - "over the - over his first term" - matters, too. It’s a live correction that reveals the tension between economic reality and the soundbite. In the late-2000s/early-2010s context, deficits were inflated by automatic stabilizers, stimulus, and crisis-response measures. Economists think in cycles and baselines; politics demands deadlines. Romer’s line tries to fuse the two, offering technocratic assurance without admitting how much the outcome depends on growth, interest rates, and congressional appetite for spending cuts or revenue increases. It’s confidence engineered for the news cycle, with uncertainty quietly stapled underneath.
The subtext is in the careful scaffolding of legitimacy. "Committed to working with Congress" signals that responsibility is shared, not owned; if the target slips, the blame can be distributed. Then comes the nested appeal to authority: "doing what the president said he was always going to do". "Always" is a small word doing heavy lifting, recasting a contingent campaign promise as a standing principle. It’s a way to launder political necessity into narrative consistency.
The verbal stutter - "over the - over his first term" - matters, too. It’s a live correction that reveals the tension between economic reality and the soundbite. In the late-2000s/early-2010s context, deficits were inflated by automatic stabilizers, stimulus, and crisis-response measures. Economists think in cycles and baselines; politics demands deadlines. Romer’s line tries to fuse the two, offering technocratic assurance without admitting how much the outcome depends on growth, interest rates, and congressional appetite for spending cuts or revenue increases. It’s confidence engineered for the news cycle, with uncertainty quietly stapled underneath.
Quote Details
| Topic | Money |
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