Quote by Martin Feldstein
A rise in the level of saving can reduce aggregate activity tempor

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

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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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

Category:
Government
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Other Quotes from
Business
category

I have pretty thick skin, and I think if youre going to be in this business, if youre going to be an actor or a writer, you better have a thick skin. – John Irving

Category:
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To talk about a relationship trivializes something thats nobodys business. – Jennifer Aniston

Category:
Business

My husband had a very strong identity and was successful in his life. Thank God for that. Theres no way I can control him. I wouldnt stay married to him if I felt I could. I can readily take my business personality into the home. But he forces me to be a partner rather than the boss. – Barbara Corcoran

Category:
Business

Failure doesnt mean you are a failure it just means you havent succeeded yet. – Robert H. Schuller

Category:
Business

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Dance, vaudeville, drama, movies – as a child I loved everything that went on in a theater. – James Broughton

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Category:
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The practice of medicine is a thinkers art, the practice of surgery a plumber s. – Martin H. Fisher

Category:
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Defeat is not the worst of failures. Not to have tried is the true failure. – George Edward Woodberry

Category:
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