Logo
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
Read Quote

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
Author
Martin Feldstein
Read Quote

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
Author
Martin Feldstein
Read Quote
Other Quotes from
Government
category

Large legislative bodies resolve themselves into coteries, and coteries into jealousies. – Napoleon Bonaparte

Category:
Government

Because of our Congressional committee system, our government is closer to a gerontocracy than a democracy. – Charles Frankel

Category:
Government

People who relieve others of their money with guns are called robbers. It does not alter the immorality of the act when the income transfer is carried out by government. – Cal Thomas

Category:
Government

Talk is cheap — except when Congress does it. – Cullen Hightower

Category:
Government

Random Quotes

He has no enemies, but is intensely disliked by his friends. – Oscar Wilde

Category:
Friendship

A variety of factors contribute to the price of gasoline in the United States. These factors include worldwide supply, demand and competition for crude oil, taxes, regional differences in access to gasoline supplies and environmental regulations. – Gary Miller

Category:
environmental

The Secret Intelligence Service I knew occupied dusky suites of little rooms opposite St Jamess Park Tube station in London. – John le Carre

Category:
Intelligence

Do not ever say that the desire to do good by force is a good motive. Neither power-lust nor stupidity are good motives. – Ayn Rand

Category:
good