“Everything that I did as Governor, and everything that I think needs to occur right now in the Federal Government, needs to be a cost-benefit analysis. What are we spending our money on, and what are we getting for what we're spending? I am of the belief that we are on the verge of a financial collapse. We can not repay fourteen trillion dollars in debt if we're spending one point six trillion dollars more than we're taking in this year and years to come. That is not sustainable… We landed on the moon, we can balance the federal budget. And that means cutting forty-three cents out of every federal dollar that we're currently spending.”

—  Gary Johnson

Statement from CNN Interview
YouTube
2011-04-21
http://youtu.be/VFf4P20cWmU
2012-02-24
Sound Government

Adopted from Wikiquote. Last update June 3, 2021. History

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American politician, businessman, and 29th Governor of New … 1953

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“I may have vetoed more legislation than the other forty-nine governors in the country combined. And it wasn't just saying, "no," it was really looking at what we were spending our money on and what we were getting for the money we were spending. And I really do believe in smaller government, I really believe that there are consequences of legislation that gets passed and maybe it isn't in our best interest to pass all the legislation that we pass, that it layers bureaucracy on transactions that aren't made any safer by you and I, but that just end up making it so much more cumbersome, so much more burdensome, and ends up adding a lot of money as opposed to the notion of liberty and freedom and the personal responsibility that goes along with that… My entire life I watched government spend more money than what it takes in and I just always thought that there would be a day of reckoning with regard to that spending, and I think that day of reckoning is here, that it's right now, and it needs to be fixed… But what I said then and I'll say now, I think that Republicans would gain a lot of credibility in this argument if Republicans would offer up a repeal of the Prescription Health Care Benefit that they passed when they had control of both houses of Congress and ran up record deficits.”

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“I am in the camp that believes that we are on the verge of a monetary collapse given the fact that during the last year up to 70% of the money used to pay our ongoing expenditures were moneys printed up by the Federal Reserve I mean literally out of thin air. Monetary Collapse occurs when we are printing 100% of that money going forward and all of the roll over of treasury is that 15 trillion dollars is out there in existing notes when all of those notes also get rolled over with 100% of that money being printed … that's the monetary collapse. And that’s not something that their going to announce is going to happen two weeks from Thursday that’s just gonna happen literally overnight when we have a complete melt down in the bond market. Which I’m predicting is gonna happen unless we actually balance the federal budget so this is what we are entering into is a real mutual sacrifice on the part of all of us. I would argue let’s have that mutual sacrifice as opposed to all of us having nothing which is what happens during a monetary collapse that our money ends up being worth nothing. That happened in Russia part of that was Afghanistan. We’re not immune to this. We can fix it but we need to do it now and that’s the position that I hold.”

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