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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

A rise in the level of saving can reduce aggregate activity temporarily but only a sustained high level of saving makes it possible to have the sustained high level of business investment that contributes to the long-run growth of output. – Martin Feldstein

Category:
Business
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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Other Quotes from
Government
category

Government itself is founded upon the great doctrine of the consent of the governed, and has its cornerstone in the memorable principle that men are endowed with inalienable rights. – Leland Stanford

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As I speak to you today, government censors somewhere are working furiously to erase my words from the records of history. But history itself has already condemned these tactics. – Hillary Clinton

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Government

The fact is that America has been at her most prosperous when government and the private sector have been not at war, but in a wary, if often underplayed, alliance. History is unmistakable on this point. – Jon Meacham

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Pakistan needs to have decentralisation and a good local government system. – Imran Khan

Category:
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