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.
“I've always been more inclined to go out to work than carry on with academic studies.”
“I want the privilege of guiding the arrows of my children and giving them the exhortations that can shoot them into the high place.”