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
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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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Government
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What the government has to do, if it wants to govern for any length of time, is it must appeal primarily to the third parties in the House of Commons to get them to support it. – Stephen Harper

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Big-government proponents embrace both the power of the federal government and the idea that millions of Americans ought to be dependent on its largesse. Its time to return to our Founders love for small government. More is not always better. – Gary Bauer

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He who exercises government by means of his virtue may be compared to the north polar star, which keeps its place and all the stars turn towards it. – Confucius

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There are no necessary evils in government. Its evils exist only in its abuses. – Andrew Jackson

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Our own self-love draws a thick veil between us and our faults. – Lord Chesterfield

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It is practically impossible to teach good programming to students that have had a prior exposure to BASIC: as potential programmers they are mentally mutilated beyond hope of regeneration. – Edsger Dijkstra

Category:
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