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 FeldsteinRelated topics
crowd government longer output reducing run save spending stimulus tax work higherRelated quotes
Put the money into schools. Rational ones that train young minds to think, to demand that persons in authority show the evidence for the ideas they push. Do that, and we won't need to provide a world for the Sacred Brethren who, given the opportunity, would run everyone else off the planet.
Jack McDevitt
The people who run the international tests told us, "the biggest predictor of student success is choice." Nations that "attach the money to the kids" and thereby allow parents to choose between different public and private schools have higher test scores. This should be no surprise; competition makes us better.
John Stossel