Increased government spending can provide a temporary...

Quote by Martin Feldstein about work

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
Quote by Martin Feldstein about work.
Martin Feldstein

Martin Feldstein 1939, american Economist

Life period: 1939
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