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

And finally, no matter how good the science gets, there are problems that inevitably depend on judgement, on art, on a feel for financial markets. – Martin Feldstein

Category:
Science
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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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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
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The government of the United States is a device for maintaining in perpetuity the rights of the people, with the ultimate extinction of all privileged classes. – Calvin Coolidge

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Government

The Federal Government should be the last resort, not the first. Ask if a potential program is truly a federal responsibility or whether it can better be handled privately, by voluntary organizations, or by local or state governments. – Donald Rumsfeld

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Government

Morals are in all countries the result of legislation and government they are not African or Asian or European: they are good or bad. – Denis Diderot

Category:
Government

We are witnessing an enormous shift of collective consciousness throughout the world. We are at the precipice of great transformation within our culture and government. – Zachary Quinto

Category:
Government

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