In this decade government at all levels has increased spending faster than the true rate of economic growth... The cure for inflation has been administered with a vengeance. Yet most people feel worse, not better, about their government benefactor. The elderly find their fixed income eroding in half; those about to retire fear their future pensions will never keep pace. Ten million California workers see their wages rise but not as fast as prices. Those on welfare obtain larger grants but find more expensive groceries.
Jerry BrownRelated topics
cure elderly fear find future government groceries half inflation pace rise see spending ten vengeance wages worse yetRelated quotes
Reaganites learned it is POLICY change that changes economic trajectory. Reagan's successes were built on establishing a fiscal framework that invigorated our entire economy, revitalized growth and investment while decreasing spending, tax rates, over-reaching regulations, unemployment, and favoritism via individual subsidies. We need Reaganites in the new Administration. However well meaning, burdensome federal government imposition is never the solution. Never. Not in our homes, not in our schools, not in churches, not in businesses.
Sarah Palin
The time has come to speak out. Britain is now locked in a vicious spiralling interest rates...The net result of completing the vicious circle is that prices have increased, the rate of inflation has gone up, the money supply has increased, unemployment has gone up, the rate of bankruptcies has increased, the industrial base has been further eroded, the Government's borrowing requirement has increased and as a result there is more pressure to raise interest rates yet again, to be followed inevitably by the same vicious circle. It is this that must be broken.
Edward Heath
Government spending cannot create additional jobs. If the government provides the funds required by taxing the citizens or by borrowing from the public, it abolishes on the one hand as many jobs as it creates on the other. If government spending is financed by borrowing from the commercial banks, it means credit expansion and inflation. If in the course of such an inflation the rise in commodity prices exceeds the rise in nominal wage rates, unemployment will drop. But what makes unemployment shrink is precisely the fact that real wage rates are falling.
Ludwig von Mises
We have looked first at man with his vanities and greed and his problems of a day or a year; and then only, and from this biased point of view, we have looked outward at the earth he has inhabited so briefly and at the universe in which our earth is so minute a part. Yet these are the great realities, and against them we see our human problems in a different perspective. Perhaps if we reversed the telescope and looked at man down these long vistas, we should find less time and inclination to plan for our own destruction.
Rachel Carson
I find it expressed in various passages of Scripture that the fact that God knows things while in a state of possibility, when their existence belongs to the future, does not change the nature of the possible in any way; that nature remains unchanged; and the knowledge of the realisation of one of several possibilities does not yet effect that realisation. This is likewise one of the fundamental principles of the Law of Moses concerning which there is no doubt nor any dispute.
Maimonides