Martin Feldstein Quotes

It is as easy to bemoan a lack of U. S. financial leadership as it is difficult to substitute for it..

No amount of debt restructuring, even debt forgiveness, will help the Greeks achieve real prosperity. What they need is not short-term relief but, rather, a long-term cure.

To finance this trade deficit, the U.S. has to borrow from the rest of the world or sell American assets like stocks, businesses, and real estate to the rest of the world.

We need to have a pro-growth policy put in place that offers people hope and offers the opportunity for businesses to expand and for them to have confidence in what the world is going to look like for the next two or three or four years with respect to economic policy.

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.

The United States can no longer rely upon foreign nations such as China to bail us out of our economic irresponsibility. We must live within our means and implement creative, free-market solutions to put Americans back in jobs and to create economic opportunities.

America knows it has got to deal with its deficit problems so that it, too, can promise it is making its proper and best contributions to the world economy.

The more competitive value of the dollar turned around the trade deficit.

The central bank is an institution of the most deadly hostility existing against the Principles and form of our Constitution.

Let us come together and think of ways India does not have to import but we export to the world.

I certainly don't want our nation to go into default, but at the same time, I'm very concerned about our ongoing debt problem.

We've got to start worrying about America. And if we don't start dealing with the debt we have and the deficit spending we have in Washington, politics doesn't matter, because the American people do realize that they have to balance their budgets.

This time, instead of moving oceans and healing planets, let's get our bills in order and pay down the debt so we control our own future.

I remember being in the Ontario Legislature and the Liberals yelling over at me about the fact that the dollar was rising, and that was bad for business, and didn't I realize that. And I thought, 'What are you talking about?' The value of the currency in part, large part, reflects the world's view of the state of our economy.

Look, the president is elected to lead and to face the country's biggest challenges. The country's biggest challenge domestically speaking, no doubt about it, is a debt crisis, and I'm really hoping that he is going to give us a budget that tackles this debt crisis.

The more we can do to address fiscal austerity, the better our markets will do, and there is a real political shift to doing that.

Every day things get better because politicians are addressing the fiscal challenges more aggressively.

To me, providing a new economic way forward is of utmost urgency and will be of foremost importance for the new DPP administration if I am elected.

Nearly every one of the foreign financial crises of recent decades has led to an increase in the U. S. trade deficit.

Foreign trade can no longer be dealt with apart from other domestic economic policies and concerns. Governments often employ trade policies less for commercial ends than to achieve other goals- economic, political, and social.

The best deficit reduction program is a growing economy.

By manipulating its money values, a government could win large markets overseas for its exporters and thus create satisfaction at home with expanding production and employment.

The surpluses of the [19]90s were the result of a growing economy. They were not the result of government policy.

It is not repeated large Emissions [printing] of a base Paper-Currency, but our Imports exceeding our Exports, that occasions Silver to be ship'd off in Ballance

Nations finding the Export of Money or Bullion to pay the ballance due by Trade, a loss of so much Riches, and very hurtful to Trade, might have discharg'd the Import of such Goods as the People could best want; Or laid a Duty on them, such as might have lessen'd their Consumption: They might have given encouragement to Industry, whereby the Product would have been encreas'd and improv'd, or discourag'd extravagant Consumption, whereby the Overplus to Export would have been greater; Any one of these Methods would have brought Trade and Exchange equal