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“I don't accept as an article of faith that lots of short-term stimulus boosts the economy and gets us back on the long-term trajectory.” quote by Glenn Hubbard
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“I don't accept as an article of faith that lots of short-term stimulus boosts the economy and gets us back on the long-term trajectory.”

Glenn Hubbard

About This Quote

Source Speech: Economic Policy Forum, 2020

Short-term stimulus may not reliably restore long-term economic growth.

In simple terms: Quick fixes don’t guarantee lasting recovery.

Key Takeaway

Focus on sustainable economic strategies.

Themes

economics policy stimulus

Mood

critical analytical

Type

economic policy

When to use this quote

  • budget deficits
  • investment
  • employment growth

Key Concepts

macroeconomic stability long-term planning

Questions to Reflect On

  • What policies ensure lasting growth?
  • How to balance immediate aid with future stability?
A Different Perspective

Short-term measures can provide needed relief.

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