Economic Management Quotes

I can spend somebody else's money on somebody else. And if I spend somebody else's money on somebody else, I'm not concerned about how much it is, and I'm not concerned about what I get. And that's government. And that's close to 40 percent of our national income.

The economic disasters of socialism and communism come from assuming a blanket superiority of those who want to run a whole economy.

Government's view of the economy could be summed up in a few short phrases: If it moves, tax it. If it keeps moving, regulate it. And if it stops moving, subsidize it

The inefficiency of political control of an economy has been demonstrated more often, in more places, and under more varied conditions, than almost anything outside the realm of pure science.

We were not foolish enough to make a currency coverage of gold of which we have none

We are all Keynesians now.

Economy is a subject which admits of being treated with levity, but it cannot so be disposed of.

Every budget I have ever prepared has been balanced.

I know it's going to be the private sector that leads this country out of the current economic times we're in. You can spend your money better than the government can spend your money.

Monetary policy is not a panacea.

When you’re spending 24 billion dollars in pork barrel transportation projects how can you go to the American people and talk about tax increases.

The fully planned economy, so far from being unpopular, is warmly regarded by those who know it best.

I am not worried about the deficit. It is big enough to take care of itself.

In the budget, the president will call for a five-year freeze on discretionary spending other than for national security. This will reduce the deficit by more than $400 billion over the next decade and bring this category of spending to the lowest share of our economy since Dwight Eisenhower was president.

Whatever the economy needs to maintain itself, the government will do it.

Yes, deficits are a problem. I've been saying so for more than a quarter of a century now. But the problem is not the size of the deficit, it's the size of government's claim on our economy.

Janet Yellen at the FED is equivalent to having a biology schoolteacher who has never seen blood perform brain surgery.

My goal was to do the best job I could in governing the state of Wisconsin, in some cases making very tough decisions to have to bring our spending in line with the resources we had at the state level.

How do you hold down government spending?

Raising the debt limit on some levels is a ministerial act. It doesn't involve any new spending.

It's no accident that Montana is the most fiscally prudent state in the nation.

I had a history teacher who taught us a lot about the Cold War. You had these examples of countries where the government had tried to manage the economy really intensely, and it ended up being bad for the citizens there. I found myself beginning to lean more right on economic issues.

It is a fallacy to think that politicians and bureaucrats are smart enough to manage the economy.

We must keep prices under control to ensure that price increases do not exert a major negative impact on people's lives.

Government always finds a need for whatever money it gets.