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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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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Other Quotes from
Government
category

This used to be a government of checks and balances. Now its all checks and no balances. – Gracie Allen

Category:
Government

We believe in government involvement that leads to independence: good schools, quality roads and the best health care. – Rick Perry

Category:
Government

People who relieve others of their money with guns are called robbers. It does not alter the immorality of the act when the income transfer is carried out by government. – Cal Thomas

Category:
Government

I almost forgot what its like to be proud of my government. – Edward Norton

Category:
Government

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A hospital should also have a recovery room adjoining the cashier’s office. – Francis O’Walsh

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