Borrowed Quote by Thomas Sowell

“Although there are many differences between America and post–World War I Germany, history has some economic lessons to teach us. Remember that after World…

— Erwin W. Lutzer

Increased government spending can provide a temporary stimulus to demand and output but in the longer run higher levels of government spending crowd out…

— Martin Feldstein

The truth of the matter of is that stimulus money not only doesn't stimulate; it actually reduces output.

— Arthur Laffer

What saved the economy, and the New Deal, was the enormous public works project known as World War II, which finally provided a fiscal…

— Paul Krugman

When runaway inflation and bank failures struck in Germany in the 1920s, the middle class was destroyed, which led directly to the rise of…

— Nick Clooney

“In April, 1926, France and the United States finally negotiated a war debt settlement at forty cents on the dollar. The [French] budget was…

— Liaquat Ahamed

The underconsumptionist of 1819 believed that consumption would be stimulated by tariffs, while the underconsumptionist of a later day urged monetary expansion as the…

— Murray Rothbard

Real economic stimulus comes from real investment.

— Tim Bishop

World War II revealed two of the enduring features of the Keynesian Revolution. One was the moral difference between spending for welfare and spending…

— John Kenneth Galbraith

What do you think a stimulus is? It's spending - that's the whole point! Seriously.

— Barack Obama

The alternatives [to the stimulus packages] were to do nothing or, worse, effectively replicate the Premiers' Plan of 1931 when governments cut expenditure, thereby…

— Kevin Rudd

What did the taxpayers get out of the Obama stimulus? More debt. That money wasn't just spent and wasted - it was borrowed, spent,…

— Paul Ryan