Herbert Hoover Quotes

We cannot cut our way to prosperity.

If we don't get a grip on government spending, there will be no growth.

Near-term deficits are temporary and manageable if - and only if - we keep spending in check, the tax burden low and the economy growing.

Sound public finances are the essential foundation on which to construct a better-balanced economy from the wreckage of Labour's boom and bust. But it is economic growth that will create the jobs and the prosperity for the future and enable us to pay down Labour's debt.

President Obama likes to talk about winning the future. But someone needs to tell him: You can't win the prosperity of tomorrow if you're mortgaging it to pay for the big government programs of today.

The more we can do to address fiscal austerity, the better our markets will do, and there is a real political shift to doing that.

You cannot borrow and spend your way into prosperity. It does not work.

The greatest threat to our freedom and prosperity is not al-Qaida, the Taliban, Iran or even China. It's an idea, the idea that we can spend our way out of our problems without tightening our belt and paring down the very bloated government.

The country needs fiscal discipline to build a strong economy and for social justice.

We can't continue to tax, borrow, and spend at the rates that we are, and it's just got to be stopped.

Ultimately, we can't just keep doubling our national debt every eight years. We have got to get that under control and not spend more than we bring in.

Any move to reduce government spending is a positive for the economy.

You cannot have a society where you spend more than you earn. I mean, it's just fundamentally not viable in the long run.

Not in the constitution, but I would propose a law to the French parliament that provides for reducing the budget deficit year by year, until we have reached a balanced budget by 2017.

The Obama administration's large and sustained increases in debt raise the specter of another financial crisis and large future tax increases, further chilling business investment and job creation.

Well obviously the economy is critical to everything we do and we need to get the economy back in shape, the deficit down, the debt paid off, so that the economy can grow again and grow properly.

And you can't have a prosperous economy when the government is way overspending, raising tax rates, printing too much money, over regulating and restricting free trade. It just can't be done.

The American people know that we cannot spend our way to prosperity.

Restore, without delay, the equilibrium between revenue and expenditures, which has done so much to destroy our credit and derange the whole fabric of government. If that should not be done, the government and country will be involved, ere long, in overwhelming difficulties.

The more we can get Washington out of the way, the stronger our economy and our country will be.

The American people are tired of the out-of-control spending, and they want Washington to get their act in order and stop spending money we don't have.

I am not wrong in the belief that its public funds are more secure than those of all the European powers.

I will work to restore fiscal responsibility to our country's budget and to provide for a more robust economy.

America knows it has got to deal with its deficit problems so that it, too, can promise it is making its proper and best contributions to the world economy.

We agree with Simpson and Bowles and others who have looked at this. What's necessary is to stabilize the debt and then work from there. You can't balance the budget in the short term because to do that would be to ratchet down the economy.