Quote by Martin Feldstein
Increased government spending can provide a temporary stimulus to

Increased government spending can provide a temporary stimulus to demand and output but in the longer run higher levels of government spending crowd out private investment or require higher taxes that weaken growth by reducing incentives to save, invest, innovate, and work. – Martin Feldstein

Other quotes by Martin Feldstein

The only way that we can reduce our financial dependence on the inflow of funds from the rest of the world is to reduce our trade deficit. – Martin Feldstein

Category:
finance
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A rise in the level of saving can reduce aggregate activity temporarily but only a sustained high level of saving makes it possible to have the sustained high level of business investment that contributes to the long-run growth of output. – Martin Feldstein

Category:
Business
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Other Quotes from
Government
category

Republicans and Democrats have used accounting gimmicks and competing government analyses to deceive the public into believing that 2 + 2 = 6. If our leaders cannot agree on the numbers, if facts are fictional, how can they possibly have a substantive debate on solutions? – J. C. Watts

Category:
Government

I dont believe an Alliance government should sponsor legislation on abortion or a referendum on abortion. – Stephen Harper

Category:
Government

It is through states that the American people get the job done every day, often in spite of a deeply flawed bureaucratic federal government. – Rick Perry

Category:
Government

A government big enough to give you everything you want is a government big enough to take from you everything you have. – Gerald R. Ford

Category:
Government

Random Quotes

It is true that you cant prove a negative. However, the existence of God is provable in the same way a building is positive proof that there was a builder. – Ray Comfort

Category:
positive

How goodness heightens beauty! – Milan Kundera

Category:
Beauty

I think Im going to give my baby her first food on Thanksgiving, make her some organic sweet potato. Im very excited! Its going to be a big day and my husband is in charge of the turkey – hes the chef of the family! – Lily Aldridge

Category:
thanksgiving

We know what the animals do, what are the needs of the beaver, the bear, the salmon, and other creatures, because long ago men married them and acquired this knowledge from their animal wives. Today the priests say we lie, but we know better. – American Indian Proverb

Category:
Animals