Government Spending Quotes

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  • But public works, economic protectionism, cheap money, "deficit-financed government spending," and "the animal spirits of the spendthrift in the service of boosting "consumption demand"... Doesn't Keynesianism simply appeal to the worst in human nature?

    "John Maynard Keynes: Where’s The Genius?!". Interview with Benn Steil, www.ilanamercer.com. August 16, 2013.
  • American taxpayers will be forced to foot the bill for the overwhelming costs of amnesty. Under current law, once 11 million illegal immigrants receive probationary status, they will immediately have access to federal benefits like Social Security and Obamacare coverage. If we thought we had a problem with government spending before, just wait.

  • ..either immediately or ultimately every dollar of government spending must be raised through a dollar of taxation. Once we look at the matter. In this way, the supposed miracles of government spending will appear in another light.

    Henry Hazlitt (2010). “Economics in One Lesson: The Shortest and Surest Way to Understand Basic Economics”, p.27, Crown Business
  • We must have no carelessness in our dealings with public property or the expenditure of public money. Such a condition is characteristic either of an undeveloped people, or of a decadent civilization. America is neither.

  • I regret, as much as any member, the unavoidable weight and duration of the burdens to be imposed; having never been a proselyte to the doctrine, that public debts are public benefits. I consider them, on the contrary, as evils which ought to be removed as fast as honor and justice will permit.

    James Madison (1904). “The Writings of James Madison: 1787-1790”
  • First rule in government spending: why build one when you can have two at twice the price?

    Two   Government   Firsts  
    "Fictional character: S.R. Hadden". "Contact", www.imdb.com. 1997.
  • I favor the policy of economy, not because I wish to save money, but because I wish to save people.

    People   Wish   Favors  
    Presidential Inaugural Address, delivered 4 March 1925
  • I do not intend to dispute in any way the need for defence cuts and the need for government spending cuts in general. I do not share a not in my backyard approach to government spending reductions.

    Debates (Hansard) No. 173 - House of Commons of Canada, www.ourcommons.ca. March 23, 1995.
  • Credit expansion is the governments' foremost tool in their struggle against the market economy. In their hands it is the magic wand designed to conjure away the scarcity of capital goods, to lower the rate of interest or to abolish it altogether, to finance lavish government spending, to expropriate the capitalists, to contrive everlasting booms, and to make everybody prosperous.

    Ludwig Von Mises (1963). “Human action: a treatise on economics”
  • Whether government finances its added spending by increasing taxes, by borrowing, or by inflating the currency, the added spending will be offset by reduced private spending. Furthermore, private spending is generally more efficient than the government spending that would replace it because people act more carefully when they spend their own money than when they spend other people's money.

  • Government spending is always a “tax” burden on the American people and is never equally or fairly distributed. The poor and low-middle income workers always suffer the most from the deceitful tax of inflation and borrowing.

  • When you start cutting government expenditure, at some point you are cutting essential services rather than excessive services. So you have to take into account the social costs involved in cutting government spending.

  • [T]he more public provisions were made for the poor, the less they provided for themselves, and of course became poorer . . . [taking] away from before their eyes the greatest of all inducements to industry, frugality, and sobriety, by giving them a dependence of somewhat else than a careful accumulation during youth and health for support in age and sickness.

    Eye   Government   Giving  
    Benjamin Franklin (1835). “The Works of Benjamin Franklin”, p.221
  • The idea that more taxes and more government spending is the best way to help hardworking middle class taxpayers - that's an old idea that's failed every time it's been tried.

    "FULL TEXT: Marco Rubio's Response To Obama's State Of The Union" by Grace Wyler, www.businessinsider.com. February 12, 2013.
  • MoveOn loves government. It remains enamored of government spending as fuel for its liberal agenda; and anything that threatens to close that spigot in any degree is perceived as a dire threat - worthy of Chicken-Little warnings that the sky is going to fall.

    Fall   Government   Sky  
  • Cutting government spending and government intrusion in the economy will almost surely involve immediate gain for the many, short-term pain for the few, and long-term gain for all.

  • The real goal should be reduced government spending, rather than balanced budgets achieved by ever rising tax rates to cover ever rising spending.

    Real   Government   Goal  
    Interview with John Hawkins, rightwingnews.com. February 8, 2012.
  • Government spending either is completely wasteful, merely transfers income, purchases an intermediate rather than a final good, or purchases valuable final services whose value cannot be ascertained because the transaction is not made by private parties exchanging their own resources in a market setting.

  • The goal is to reduce the size and scope of government spending, not to focus on the deficit. The deficit is the symptom of the disease.

    Government   Goal   Focus  
    "Grover Norquist: 'The goal is to reduce the size and scope of government spending, not to focus on the deficit'". Interview with Ezra Klein, www.washingtonpost.com. March 9, 2011.
  • You've got the Democratic Party that now depends on more government spending and actual building the dependence on government in order to increase their political party.

  • To win elections, politicians have promised practically endless government spending and covered up the cost, leaving generations of taxpayers obligated to pay off the debt. That's wrong, but neither the U.S. nor Europe has a plan to stop it.

    "And the Crisis Winner Is? Government". "The Wall Street Journal", December 16, 2011.
  • I am favor of cutting taxes under any circumstances and for any excuse, for any reason, whenever it's possible.

    "Conservatives Betrayed: How George W. Bush and Other Big Government Republicans Hijacked the Conservative Cause". Book by Richard A. Viguerie, 2006.
  • Charity is no part of the legislative duty of the government.

    James Madison (1836). “The Debates in the Several State Conventions on the Adoption of the Federal Constitution: As Recommended by the General Convention at Philadelphia in 1787. Together with the Journal of the Federal Convention, Luther Martin's Letter, Yates's Minutes, Congressional Opinions, Virginia and Kentucky Resolutions of '98-'99, and Other Illustrations of the Constitution”, p.431
  • What does it mean when Republicans and Democrats alike warn us about the 'pain' involved in cutting government spending - in their spending less of our money? For the average citizen, what pain is there in his keeping more of his money to invest it the way he wants? Taxes cost people. Tax cuts do not cost government.

    Pain   Mean   Cutting  
  • If credit expansion, protectionism, and government spending were a path to prosperity, mankind would have long ago created heaven on earth.

  • Social Security is not just another government spending program. It is a promise from generation to generation.

    "Social Security Is Not the Problem" by Rep. Hank Johnson, www.huffingtonpost.com. January 23, 2013.
  • I favor the policy of economy, not because I wish to save money, but because I wish to save people. The men and women of this country who toil are the ones who bear the cost of the Government. Every dollar that we carelessly waste means that their life will be so much the more meager. Every dollar that we save means that their life will be so much the more abundant. Economy is idealism in its most practical form.

    Country   Mean   Men  
    Presidential Inaugural Address, delivered 4 March 1925
  • Sequestration was not designed to be anyone's ideal method for getting our hands around government spending, and it certainly isn't mine.

    "Johnny Isakson Says Sequestration Not A Concern In Georgia, But Constituents Disagree" by Amanda Terkel, Sam Stein, www.huffingtonpost.com. March 25, 2013.
  • The difference between them and us is that we want to check government spending and they want to spend government checks.

    Ronald Reagan, Bill Adler (1981). “The Reagan wit”, Jameson Books
  • Government spending? I don't know what it's all about. I don't know any more about this thing than an economist does, and, God knows, he doesn't know much.

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