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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

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
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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
Author
Martin Feldstein
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Other Quotes from
Government
category

Democracy becomes a government of bullies tempered by editors. – Ralph Waldo Emerson

Category:
Government

We cannot improve on the system of government handed down to us by the founders of the Republic. There is no way to improve upon that. But what we can do is to find new ways to implement that system and realize our destiny. – Barbara Jordan

Category:
Government

On account of being a democracy and run by the people, we are the only nation in the world that has to keep a government four years, no matter what it does. – Will Rogers

Category:
Government

But let us remember, at the same time, government is sacred, and not to be trifled with. – Jonathan Mayhew

Category:
Government

Random Quotes

Theres no reason for the establishment to fear me. But it has every right to fear the people collectively – I am one with the people. – Huey Newton

Category:
Fear

I say to my colleagues never confine your best work, your hopes, your dreams, the aspiration of the American people to what will be signed by George W. Bush because that is too limiting a factor. – Nancy Pelosi

Category:
Dreams

Im famous for being nicer to my fans than anyone on the face of the earth because I figure, a) They pay my salary, and b) Its probably like a big moment in your life to meet somebody so I would say, Just come on up. – James Wood

Category:
famous

Laughter is a sunbeam of the soul. – Thomas Mann

Category:
Laughter