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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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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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Barack Obamas enemies are the people who make this country work. Barack Obamas enemies are those who succeed. Those are the people whose income he wants to redistribute. Those are the people whose income he wants to take, using the power and the force of the federal government to do it. – Rush Limbaugh

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I found the offer of a knighthood something that I couldnt possibly accept. I found it to be somehow squalid, a knighthood. Theres a relationship to government about knights. – Harold Pinter

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Under the doctrine of separation of powers, the manner in which the president personally exercises his assigned executive powers is not subject to questioning by another branch of government. – Richard M. Nixon

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