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Arthur Laffer Quotes: It is not true that Congress spends money like a drunken sailor. Drunken sailors spend their own money. Congress spends our money.
         

It is not true that Congress spends money like a drunken sailor. Drunken sailors spend their own money. Congress spends our money.


Arthur Laffer
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Other quotes of Arthur Laffer


Government spending is taxation. When you look at this, I've never heard of a poor person spending himself into prosperity; let alone I've never heard of a poor person taxing himself into prosperity.

Government spending is taxation. When you look at this, I've never heard of a poor person spending himself into prosperity; let alone I've never heard of a poor person taxing himself into prosperity.



And just remember, every dollar we spend on outsourcing is spent on U.S. goods or invested back in the U.S. market. That's accounting.

And just remember, every dollar we spend on outsourcing is spent on U.S. goods or invested back in the U.S. market. That's accounting.



The tax rate increases reduce economic growth; they shrink the pie; they cause more poverty, more despair, more unemployment, which are all things government is trying to alleviate with spending.

The tax rate increases reduce economic growth; they shrink the pie; they cause more poverty, more despair, more unemployment, which are all things government is trying to alleviate with spending.



And you can't have a prosperous economy when the government is way overspending, raising tax rates, printing too much money, over regulating and restricting free trade. It just can't be done.

And you can't have a prosperous economy when the government is way overspending, raising tax rates, printing too much money, over regulating and restricting free trade. It just can't be done.



People can also change the timing of when they earn and receive their income in response to government policies.

People can also change the timing of when they earn and receive their income in response to government policies.



It has always amazed me how tax cuts don't work until they take effect. Mr. Obama's experience with deferred tax rate increases will be the reverse. The economy will collapse in 2011.

It has always amazed me how tax cuts don't work until they take effect. Mr. Obama's experience with deferred tax rate increases will be the reverse. The economy will collapse in 2011.



You know, without China there is no Wal-Mart and without Wal-Mart there is no middle class and lower class prosperity in the United States.

You know, without China there is no Wal-Mart and without Wal-Mart there is no middle class and lower class prosperity in the United States.



You want to prove that Milton Friedman is a fascist? It's easy. Quote him.

You want to prove that Milton Friedman is a fascist? It's easy. Quote him.



With the shrinking of the US economy, and it's shrinking very rapidly, you not only have more money, but you also have fewer goods. That's a classic double-whammy on inflation.

With the shrinking of the US economy, and it's shrinking very rapidly, you not only have more money, but you also have fewer goods. That's a classic double-whammy on inflation.



If you like the post office and the Department of Motor Vehicles and you think they're run well, just wait till you see Medicare, Medicaid and health care done by the government.

If you like the post office and the Department of Motor Vehicles and you think they're run well, just wait till you see Medicare, Medicaid and health care done by the government.





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the future belongs to those societies that treat new ideas as delicate, fragile and immensely valuable pathways to the future.

the future belongs to those societies that treat new ideas as delicate, fragile and immensely valuable pathways to the future.



I'd chosen the regret I could live with best, that's all. I'd chosen the life I belonged to.

I'd chosen the regret I could live with best, that's all. I'd chosen the life I belonged to.



I wonder if liberal kids call liberal talk shows and ask how to get along in a conservative teacher's class? No. No. It doesn't happen, 'cause there's no thought of getting along.

I wonder if liberal kids call liberal talk shows and ask how to get along in a conservative teacher's class? No. No. It doesn't happen, 'cause there's no thought of getting along.



No one can take away the freedom of a man's soul.

No one can take away the freedom of a man's soul.



Film is the only technology that allows us to share subjectivity with someone else.

Film is the only technology that allows us to share subjectivity with someone else.



There was no immunity to cuckoo ideas on Earth.

There was no immunity to cuckoo ideas on Earth.



Right now I feel so inspired, it's hard to believe. I've written about 20 songs in the last two days. I'd gone about four months without writing a thing.

Right now I feel so inspired, it's hard to believe. I've written about 20 songs in the last two days. I'd gone about four months without writing a thing.



I'm a farmer's market girl, so if you go and get beautiful, fresh fruit, that's local, and it hasn't been frozen yet, it's pretty fantastic.

I'm a farmer's market girl, so if you go and get beautiful, fresh fruit, that's local, and it hasn't been frozen yet, it's pretty fantastic.



I know that nothing is destructible; things merely change forms.

I know that nothing is destructible; things merely change forms.




Quote Description


This page presents the quote "It is not true that Congress spends money like a drunken sailor. Drunken sailors spend their own money. Congress spends our money.". Author of this quote is Arthur Laffer. This quote is about congress, money, sailor,.