---
title: "1 Low Wage Quotes By Martin Feldstein"
description: "1 Low Wage quotes by Martin Feldstein. Plus more from Martin Feldstein and more Low Wage sayings from other authors."
image: "https://sms4smile.com/quotes/i/d9c/martin-feldstein-21258_america_an-increase-in-the-relative-price-of-pro_2424554.jpg"
---

> [An increase in the relative price of products from the low wage manufacturers in Asia and Latin America will also make those products less attractive to American consumers.](https://sms4smile.com/quotes/martin-feldstein/an-increase-in-the-relative-price-of-products-from-the-low-wage/)

[Martin Feldstein](https://sms4smile.com/quotes/author/martin-feldstein/)

[Image](https://sms4smile.com/quotes/i/d9c/martin-feldstein-21258_america_an-increase-in-the-relative-price-of-pro_2424554.jpg)

## More by Martin Feldstein

> [In short, both experience and economic theory imply that the US could now t to a more competitive dollar without experiencing either increased inflation…](https://sms4smile.com/quotes/martin-feldstein/in-short-both-experience-and-economic-theory-imply-that-the-us-could/)

[Martin Feldstein](https://sms4smile.com/quotes/author/martin-feldstein/)

> [The more competitive value of the dollar turned around the trade deficit.](https://sms4smile.com/quotes/martin-feldstein/the-more-competitive-value-of-the-dollar-turned-around-the-trade/)

[Martin Feldstein](https://sms4smile.com/quotes/author/martin-feldstein/)

> [Inflation is lower and more stable and the real business cycle fluctuations are more modest.](https://sms4smile.com/quotes/martin-feldstein/inflation-is-lower-and-more-stable-and-the-real-business-cycle/)

[Martin Feldstein](https://sms4smile.com/quotes/author/martin-feldstein/)

> [Increased government spending can provide a temporary stimulus to demand and output but in the longer run higher levels of government spending crowd out…](https://sms4smile.com/quotes/martin-feldstein/increased-government-spending-can-provide-a-temporary-stimulus-to/)

[Martin Feldstein](https://sms4smile.com/quotes/author/martin-feldstein/)

> [I think that over the last few decades, we have seen better economic outcomes than in the past.](https://sms4smile.com/quotes/martin-feldstein/i-think-that-over-the-last-few-decades-we-have-seen-better-economic/)

[Martin Feldstein](https://sms4smile.com/quotes/author/martin-feldstein/)

> [And finally, no matter how good the science gets, there are problems that inevitably depend on judgment, on art, on a feel for financial…](https://sms4smile.com/quotes/martin-feldstein/and-finally-no-matter-how-good-the-science-gets-there-are-problems/)

[Martin Feldstein](https://sms4smile.com/quotes/author/martin-feldstein/)

> [Thirty years ago, many economists argued that inflation was a kind of minor inconvenience and that the cost of reducing inflation was too high…](https://sms4smile.com/quotes/martin-feldstein/thirty-years-ago-many-economists-argued-that-inflation-was-a-kind-of/)

[Martin Feldstein](https://sms4smile.com/quotes/author/martin-feldstein/)

> [Even if the dollar does decline during the coming months, the delays in the response of exports and imports to the more competitive dollar…](https://sms4smile.com/quotes/martin-feldstein/even-if-the-dollar-does-decline-during-the-coming-months-the-delays/)

[Martin Feldstein](https://sms4smile.com/quotes/author/martin-feldstein/)

> [First, I think the science of monetary economics has clearly gotten better.](https://sms4smile.com/quotes/martin-feldstein/first-i-think-the-science-of-monetary-economics-has-clearly-gotten/)

[Martin Feldstein](https://sms4smile.com/quotes/author/martin-feldstein/)

> [But because we in the United States finance our current account deficit by borrowing in our own currency, we can move to a more…](https://sms4smile.com/quotes/martin-feldstein/but-because-we-in-the-united-states-finance-our-current-account/)

[Martin Feldstein](https://sms4smile.com/quotes/author/martin-feldstein/)

> [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…](https://sms4smile.com/quotes/martin-feldstein/to-finance-this-trade-deficit-the-u-s-has-to-borrow-from-the-rest-of/)

[Martin Feldstein](https://sms4smile.com/quotes/author/martin-feldstein/)

> [We are particularly poor at the open economy issues.](https://sms4smile.com/quotes/martin-feldstein/we-are-particularly-poor-at-the-open-economy-issues/)

[Martin Feldstein](https://sms4smile.com/quotes/author/martin-feldstein/)

> [But then in April of 1985 the dollar began a sharp decline. The dollar's trade weighted value fell 23 percent in just 12 months…](https://sms4smile.com/quotes/martin-feldstein/but-then-in-april-of-1985-the-dollar-began-a-sharp-decline-the-dollar/)

[Martin Feldstein](https://sms4smile.com/quotes/author/martin-feldstein/)

> [We pay some price when necessary to bring down inflation but that price is temporary and is not large relative to the permanent gain…](https://sms4smile.com/quotes/martin-feldstein/we-pay-some-price-when-necessary-to-bring-down-inflation-but-that/)

[Martin Feldstein](https://sms4smile.com/quotes/author/martin-feldstein/)

> [A rise in the level of saving can reduce aggregate activity temporarily but only a sustained high level of saving makes it possible to…](https://sms4smile.com/quotes/martin-feldstein/a-rise-in-the-level-of-saving-can-reduce-aggregate-activity/)

[Martin Feldstein](https://sms4smile.com/quotes/author/martin-feldstein/)

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