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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

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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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Government works less efficiently when it begins to grow out of control and takes on more and more of the responsibilities that belong to the citizens. – Jesse Ventura

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The real goal should be reduced government spending, rather than balanced budgets achieved by ever rising tax rates to cover ever rising spending. – Thomas Sowell

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I work for a Government I despise for ends I think criminal. – John Maynard Keynes

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Health care reform, the marquee legislative accomplishment of the Obama administrations first term, was passed before we entered the world of divided government. – Eliot Spitzer

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