Michel Belanger Quotes


There are two ways to reduce expenditures. There is the intelligent way ... going through each department and questioning each program. Then there is the stupid way: announcing how much you will cut and getting each department to cut that amount. I favor the stupid way.


Citations

Michel Belanger, Chairman, Quebec Canada's National Bank, Quoted in The Globe and Mail, May 7, 1982

Sourced by: Eigen's Political and Historical Quotations

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This position angered the extreme conservatives and the extreme liberals who both opposed him in 2012. However, the majority of the state supported him and he was elected on this middle of the road platform with most of the activists against him.


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  • Born: September 10, 1929
  • Died: December 1, 1997
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Michel Bélanger, CC was a Canadian businessman and banker.