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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

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
Author
Martin Feldstein
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To finance this trade deficit, the U.S. has to borrow from the rest of the world or sell American assets like stocks, businesses, and real estate to the rest of the world. – Martin Feldstein

Category:
finance
Author
Martin Feldstein
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But because we in the United States finance our current account deficit by borrowing in our own currency, we can move to a more competitive dollar without the adverse effects that followed currency declines in other countries. – Martin Feldstein

Category:
finance
Author
Martin Feldstein
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Government
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The highest glory of the American Revolution was this: it connected in one indissoluble bond the principles of civil government with the principles of Christianity. – John Quincy Adams

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As long as I dont write about the government, religion, politics, and other institutions, I am free to print anything. – Pierre Beaumarchais

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Protecting the rights of even the least individual among us is basically the only excuse the government has for even existing. – Ronald Reagan

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My mothers sympathies were strongly with the Union. She knew that war was bound to come, but so confident was she in the strength of the Federal Government that she devoutly believed that the struggle could not last longer than six months at the utmost. – Buffalo Bill

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