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Martin Feldstein

"My theme this evening is that America needs a competitive dollar."

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"My theme this evening is that America needs a competitive dollar."

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Amber Hurdle

"Every month that we do not have an economic recovery package 500 million Americans lose their jobs."

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Personal Development

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Amber Hurdle

"Telephones are a virtual necessity - not a luxury - and the revenues collected by this tax flow into the general fund. But this once temporary tax remains and costs American taxpayers, our small businesses and families almost $6 billion dollars a year."

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Amber Hurdle

"No nation was ever ruined by trade."

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Amber Hurdle

"The United States dollar took another pounding on German, French and British exchanges this morning, hitting the lowest point ever known in West Germany."

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Personal Development

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Amber Hurdle

"The buyer needs a hundred eyes, the seller not one."

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Amber Hurdle

"Advances have fallen, generally, for everything except the biggest potential bestsellers. Given all the changes, both economic and technological, SF hasn't done too badly."

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Amber Hurdle

"I suggest to you that increasing the size of America's economic pie - which can be achieved only if everybody has a seat at the table - is the most important challenge facing our country today."

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Amber Hurdle

"Now, anybody who thinks that we can move this economy forward with just a few folks at the top doing well, hoping that it's going to trickle down to working people who are running faster and faster just to keep up, you'll never see it."

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Amber Hurdle

"Root cause of inequality is the mass scale digital disruption advantage as means of wealth creation is concentrated."

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Amber Hurdle

"India is undergoing profound transformations. We are today the fastest growing economy in the world. We want the Indian economy to be driven by smart and sustainable cities, robust farm sector, vibrant manufacturing and dynamic service sector. And, its engines to run on world class network of rails, roads, airports and digital connectivity."

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Martin Feldstein
"Although economists have studied the sensitivity of import and export volumes to changes in the exchange rate, there is still much uncertainty about just how much the dollar must change to bring about any given reduction in our trade deficit."

Change

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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 or decreased economic growth."

Experience

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Martin Feldstein
"So just as I want pilots on the planes that I fly, when it comes to monetary policy, I want to think that there is someone with sound judgement at the controls."

Policy

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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 have the sustained high level of business investment that contributes to the long-run growth of output."

Business

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Martin Feldstein
"We are particularly poor at the open economy issues."

Economy

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Martin Feldstein
"The only way that we can reduce our financial dependence on the inflow of funds from the rest of the world is to reduce our trade deficit."

Finance

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Martin Feldstein
"After all, an overvalued dollar gives us the ability to buy foreign goods at lower prices. And the existing volume of exports brings more yen and euros than they would if the dollar were more competitive."

Ability

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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 competitive dollar without the adverse effects that followed currency declines in other countries."

Finance

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Martin Feldstein
"But the primary reason for wanting the dollar to become more competitive in the near future is that we may need an increase in exports this year and in 2007 to sustain the economy's current pace of expansion."

Economy

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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 private investment or require higher taxes that weaken growth by reducing incentives to save, invest, innovate, and work."

Government

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