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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To finance this trade deficit, the U.S. has to borrow from the rest of the world or sell American assets like stocks, businesses, and real estate to the rest of the world. – Martin Feldstein

Category:
finance
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Other Quotes from
Government
category

The federal government has sponsored research that has produced a tomato that is perfect in every respect, except that you cant eat it. We should make every effort to make sure this disease, often referred to as progress, doesnt spread. – Andy Rooney

Category:
Government

And some of what were doing in Government even now, some of the welfare reform programs that are helping lone mothers come into work are based on things that were very new under the Labour Government in the eighties. – Patricia Hewitt

Category:
Government

By definition, a government has no conscience. Sometimes it has a policy, but nothing more. – Albert Camus

Category:
Government

Hello my name is the Republican Party and I got a problem. Im addicted to spending and big government. Id like one of them just to stand up and say that. – Glenn Beck

Category:
Government

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Envy is the most stupid of vices, for there is no single advantage to be gained from it. – Honore de Balzac

Category:
Jealousy

I was the black sheep of the family, and my mother never really understood me. – Andre Rieu

Category:
Family

Think about it: Reducing crime and poverty and ensuring that we have an educated, stable work force has a direct effect on you and me and the future of our country. – Jane Fonda

Category:
Future

True poetry is similar to certain pictures whose owner is unknown and which only a few initiated people know. – Eugenio Montale

Category:
Poetry