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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

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
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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If Bush, as I believe, has reliable information on the fact that Saddam Hussein is making weapons of mass destruction, I cannot not support the policies of his government. – Steven Spielberg

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All too often, governments response to social breakdown has been a classic case of patching – a case of handing money out, containing problems and limiting the damage but, in doing so, supporting – even reinforcing – dysfunctional behaviour. – Iain Duncan Smith

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If you make any money, the government shoves you in the creek once a year with it in your pockets, and all that dont get wet you can keep. – Will Rogers

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I think every student needs access to technology, and I think technology can be a hugely important vehicle to help level the playing field. – Arne Duncan

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