“Lord, the money we do spend on Government and it's not one bit better than the government we got for one-third the money twenty years ago.”

— Will Rogers

The Will Rogers Book (1972)

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Will Rogers 121

American humorist and entertainer 1879–1935

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“But as they all say if we sell our home what will we have for it, money, and what is the use of that money, money goes and after it is gone then where are we, beside we have all we want, what can we do with money except lose it, money to spend is not very welcome, if you have it and you try to spend it, well spending money is an anxiety, saving money is a comfort and a pleasure, economy is not a duty it is a comfort, avarice is an excitement, but spending money is nothing, money spent is money non-existent, money saved is money realised…”

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“That is a widespread myth, that it is possible to spend money with nobody paying for it. You have everybody screaming that we ought to have new, bigger, more generous government programs. Where are we going to raise the money? Tax business. But business corporations can’t pay any taxes. A corporate executive may sign the check, but where does he get the money? From his stockholders or from his customers or from his employees. Unlike the federal government, he doesn’t have a printing press in his basement. So the only way he can pay money to the government is imposing a burden on somebody. Government cannot spend money at nobody’s expense.”

Milton Friedman (1912–2006) American economist, statistician, and writer

“Economic Myths and Public Opinion” https://miltonfriedman.hoover.org/friedman_images/Collections/2016c21/AmSpectator_01_1976.pdf, The Alternative: An American Spectator, vol. 9, no. 4, (January 1976) pp. 5-9

“The argument to raise taxes to pay back the debt, that's one thing, but my experience tells me that it's not possible. Government raises taxes, they're gonna spend that money in other places. I'm gonna do a better job at balancing revenues and expenditures… That was a responsibility that we had, but we prioritized what government should or shouldn't be doing and as a result of that, again showed a fiscal discipline that I don't think anyone else can demonstrate.”

Gary Johnson (1953) American politician, businessman, and 29th Governor of New Mexico

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http://youtu.be/227YyBf7-KQ
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“There is no art which one government sooner learns of another than that of draining money from the pockets of the people.”

Adam Smith (1723–1790) Scottish moral philosopher and political economist

Source: (1776), Book V, Chapter II, Part II, Appendix to Articles I and II.

“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 (1953) American politician, businessman, and 29th Governor of New Mexico

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“As they say, art is pleasure, invention is treasure, and this nation has got to recognise that. If they can spend a fortune on dead sheep and formaldehyde, then it can spend a bit more of that money on inventors.”

Trevor Baylis (1937–2018) English inventor

Cited in: Jonathan Sutherland, ‎Diane Canwell (2008), Essential Business Studies A Level: AS Student Book for AQA. p. 23

“And I think the question that the people of Jamaica, just like the people of the United States and everywhere else, should be asking is: If the government is spending money right now, is it on something that is going to help create long-term growth and help people succeed? If the answer is no, you shouldn’t spend that money. Spending money just for the sake of spending money is not -- that’s not the formula for success. But if the money is being spent on what we talked about -- early childhood education; if it’s being spent on infrastructure; if it’s being spent on research; if it’s being spent on building skills for workers -- those are good investments.”

Barack Obama (1961) 44th President of the United States of America

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“If we can't respect the way we earn it, money has no value. If we can't use it to make life better for our families and loved ones, money has no purpose.”

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“The great enemy of human freedom is the Government. By taking money out of our pockets and spending it, it destroys our freedom.”

Milton Friedman (1912–2006) American economist, statistician, and writer

The National Times, Australia, (March 1, 1977)

“Lord, the money we do spend on Government and it's not one bit better than the government we got for one-third the money twenty years ago.”

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Will Rogers 121

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