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.
“One of the most predictable things in life is there will be change. You are better off if you can have a say in the change. But you are ignorant or naive if you don't think there will be change, whether you want it to or not.”
“When I joined the band, being that I was going to take this up as a profession, I realized that there were no two finer guitar players in the world that I'd rather play with.”