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

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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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

The Canadian government continues to say they will not help us if we go to war with Iraq. However, the prime minister of Canada said hed like to help, but hes pretty sure that last time he checked, Canada had no army. – Conan OBrien

Category:
Government

Anyone who saw Nagasaki would suddenly realize that theyd been kept in the dark by the United States government as to what atomic bombs can do. – Lawrence Ferlinghetti

Category:
Government

I dont believe an Alliance government should sponsor legislation on abortion or a referendum on abortion. – Stephen Harper

Category:
Government

Democracy is an abuse of statistics. – Jorge Luis Borges

Category:
Government

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