Logo
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

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
Read Quote
Other Quotes from
Government
category

What we have to do is strike a balance between the idea that government should do everything and the idea, the belief, that government ought to do nothing. Strike a balance. – Barbara Jordan

Category:
Government

If you think of yourselves as helpless and ineffectual, it is certain that you will create a despotic government to be your master. The wise despot, therefore, maintains among his subjects a popular sense that they are helpless and ineffectual. – Frank Herbert

Category:
Government

Im against big bureaucracy in Washington making health care decisions. I just have an aversion to bureaucrats. But its not just government bureaucrats. I dont like HMO bureaucrats and insurance company bureaucrats either. – Gary Bauer

Category:
Government

The highest glory of the American Revolution was this: it connected in one indissoluble bond the principles of civil government with the principles of Christianity. – John Quincy Adams

Category:
Government

Random Quotes

It requires greater courage to preserve inner freedom, to move on in ones inward journey into new realms, than to stand defiantly for outer freedom. It is often easier to play the martyr, as it is to be rash in battle. – Rollo May

Category:
Courage

With true friends… even water drunk together is sweet enough. – Chinese Proverb

Category:
Friends

I wanted to be a mechanic. When I was 14 I wanted to quit school and go work on my car. But my dad said Son, you shouldnt do that. You should stay in school until your education is finished, and when youre done, dont make your hobby your job. – Eric Bana

Category:
car

The security and the future of Jordan is hand-in-hand with the future of the Palestinians and the Israelis. – King Abdullah II

Category:
Future