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
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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
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Other Quotes from
Government
category

I know its going to be the private sector that leads this country out of the current economic times were in. You can spend your money better than the government can spend your money. – George W. Bush

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Under the administration of George W. Bush, you will recall, federal spending grew pretty significantly. At the same time, the number of people directly employed by the federal government shrank. One of the factors that explained the difference was contracting. – Thomas Frank

Category:
Government

Christmas is the time when kids tell Santa what they want and adults pay for it. Deficits are when adults tell government what they want and their kids pay for it. – Richard Lamm

Category:
Government

As an artist I have an even more abiding interest in the compact between the Arts and Government. – Theodore Bikel

Category:
Government

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I also turn down whats probably a good amount of coinage to be made out of playing dads, an incredible number of obnoxious dad. – Bill Pullman

Category:
dad

You know sit with your arm around a little kid and read. It not only teaches them to read but it keeps the family strong. – Barbara Bush

Category:
Family