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

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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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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Other Quotes from
Government
category

Mankind, when left to themselves, are unfit for their own government. – George Washington

Category:
Government

Government itself is founded upon the great doctrine of the consent of the governed, and has its cornerstone in the memorable principle that men are endowed with inalienable rights. – Leland Stanford

Category:
Government

The government, for example, has determined that black people (somehow) have fewer abilities than white people, and, so, must be given certain preferences. Anyone acquainted with both black and white people knows this assessment is not only absurd but monstrous. And yet it is the law. – David Mamet

Category:
Government

If you think of yourselves as helpless and ineffectual, it is certain that you will create a despotic government to be your master. The wise despot, therefore, maintains among his subjects a popular sense that they are helpless and ineffectual. – Frank Herbert

Category:
Government

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I think great humor lies in playing the truth of a situation. – Brendan Coyle

Category:
Humor

Twice as much to love, two blessings from above. – Author Unknown

Category:
Twins

What weve gone through in the last several years has caused some people to question Can we trust Microsoft? – Steve Ballmer

Category:
Business

It is an accepted commonplace in psychology that the spiritual level of people acting as a crowd is far lower than the mean of each individuals intelligence or morality. – Christian Lous Lange

Category:
Intelligence