It becomes increasingly clear that the pattern of American fiscal policy is being brought into consonance with the Karl Marx communist theory that through a division of the existing wealth, mankind will be brought to a universal standard of life — a degree of mediocrity to which the Communists and their fellow travelers seek to reduce the people of this great nation. Whether it be by accident or design, such policy, formulated with reckless indifference to the preservation of constitutional liberty and our free-enterprise economy, coupled with rapid centralization of power in the hands of a few, is leading us toward a communist state with as dreadful certainty as though the leaders of the Kremlin themselves were charting our course.
Inflation is a disease, a dangerous and sometimes fatal disease that, if not checked in time, can destroy a society.
The multiplication of public offices, increase of expense beyond income, growth and entailment of a public debt, are indications soliciting the employment of the pruning knife.
You can’t get rid of poverty by giving people money.
There’s no such thing as a free lunch.
The Great Depression, like most other periods of severe unemployment, was produced by government mismanagement rather than by any inherent instability of the private economy. … Roosevelt’s policies were very destructive. Roosevelt’s policies made the depression longer and worse than it otherwise would have been.
If all the economists were laid end to end, they’d never reach a conclusion.
It is incumbent on every generation to pay its own debts as it goes. A principle which if acted on would save one-half the wars of the world.
Whenever someone gets something for nothing, someone else gets nothing for something.
Giving money and power to government is like giving whiskey and car keys to teenage boys.