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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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
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Other Quotes from
Government
category

There is nothing wrong with describing Conservatism as protecting the Constitution, protecting all things that limit government. Government is the enemy of liberty. Government should be very restrained. – Ron Paul

Category:
Government

We need to reclaim our American system of limited government, low taxes, reasonable regulations, and sound money, which has blessed us with unprecedented prosperity. And it has done more to help the poor than any other economic system ever designed. – Paul Ryan

Category:
Government

It may be laid down as a primary position, and the basis of our system, that every Citizen who enjoys the protection of a Free Government, owes not only a proportion of his property, but even of his personal services to the defense of it. – George Washington

Category:
Government

Many health care providers, particularly physicians in rural and urban areas, are leaving the Government programs because of inadequate reimbursement rates. – Ron Wyden

Category:
Government

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Good friends are like quilts – they age with you yet never lose their warmth. – Author Unknown

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I lack the magnificent richness of color that animates nature. – Paul Cezanne

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In things to be seen at once, much variety makes confusion, another vice of beauty. In things that are not seen at once, and have no respect one to another, great variety is commendable, provided this variety transgress not the rules of optics and geometry. – Christopher Wren

Category:
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Were living in an era of unprecedented change, and I want to be a part of documenting it. – Ron Fournier

Category:
Change