Accept Quote by Glenn Hubbard
“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.”
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.
Focus on sustainable economic strategies.
Themes
Mood
Type
When to use this quote
- budget deficits
- investment
- employment growth
Key Concepts
Questions to Reflect On
- What policies ensure lasting growth?
- How to balance immediate aid with future stability?
Short-term measures can provide needed relief.