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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
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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 #politicsgovernment

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Increased government spending can provide a temporary stimulus to demand and output but in the…

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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

About Martin Feldstein

Martin Feldstein was a Economist from United States (1939–2019).

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Frequently Asked Questions

Who said "Increased government spending can provide a temporary stimulus to demand and ou…"?
This quote is attributed to Martin Feldstein, a Economist from United States.
When did Martin Feldstein live?
Martin Feldstein lived from 1939 – 2019.
What is this quote about?
This quote touches on Politics & Government. Browse more quotes on these themes from the categories page.