Marcus Tullius Cicero Quotes
Cannot people realize how large an income is thrift?
Cicero, Marcus Tullius. De Oratore, Book 3; De Fato; Paradoxa Stoicorum; De Partitione Oratoria. Translated by H. Rackham, Harvard University Press, 1942, p. 297.
He was expressing his cynicism about deficit spending leading affluence. However, those who advocate government counter-cyclical spending have never advocated constant deficit spending, but have urged deficit spending for specific periods and when the economy has turned around, stopping the spending and reducing the deficit.
Marcus Tullius Cicero was a Roman statesman, orator, lawyer and philosopher, who served as consul in the year 63 BC. He came from a wealthy municipal family of the Roman equestrian order, and is considered one of Rome's greatest orators and prose stylists.