“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.”
2015, Town Hall meeting with Young Leaders of the Americas (April 2015)
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44th President of the United States of America 1961Related quotes

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Context: There are four ways in which you can spend money. You can spend your own money on yourself. When you do that, why then you really watch out what you’re doing, and you try to get the most for your money. Then you can spend your own money on somebody else. For example, I buy a birthday present for someone. Well, then I’m not so careful about the content of the present, but I’m very careful about the cost. Then, I can spend somebody else’s money on myself. And if I spend somebody else’s money on myself, then I’m sure going to have a good lunch! Finally, 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% of our national income.

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