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

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
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And finally, no matter how good the science gets, there are problems that inevitably depend on judgement, on art, on a feel for financial markets. – Martin Feldstein

Category:
Science
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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

By the time Obama came into office, Washington had already agreed over a period of a few weeks to a $700 billion government infusion into the world banking system. Nothing of the sort had ever been done before, and it was done spit spot with very little national debate. – John Podhoretz

Category:
Government

No government can help the destinies of people who insist in putting sectional and class consciousness ahead of general weal. – Franklin D. Roosevelt

Category:
Government

Television of course actually started in Britain in 1936, and it was a monopoly, and there was only one broadcaster and it operated on a license which is not the same as a government grant. – David Attenborough

Category:
Government

Let the people think they govern, and they will be governed. – William Penn, Some Fruits of Solitude, 1693

Category:
Government

Random Quotes

If I have to produce movies, direct movies, whatever to change the way Hollywood treats older women, Ill do it. If I have to bend the rules, I will. If I have to break them, I will. – Naomi Watts

Category:
movies

High-tech tomatoes. Mysterious milk. Supersquash. Are we supposed to eat this stuff? Or is it going to eat us? – Annita Manning

Category:
Food

When a true genius appears, you can know him by this sign: that all the dunces are in a confederacy against him. – Jonathan Swift

Category:
Intelligence

People should talk less and draw more. Personally, I would like to renounce speech altogether and, like organic nature, communicate everything I have to say visually. – Johann von Goethe

Category:
Listening