A Quote by Maxime Bernier

When government borrowing and spending go up, private borrowing and spending go down.

Maxime Bernier

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Borrowing Down Go Government Private Spending Up

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Maxime Bernier
Canadian - Businessman
Born: January 18, 1963

Whether government finances its added spending by increasing taxes, by borrowing, or by inflating the currency, the added spending will be offset by reduced private spending. Furthermore, private spending is generally more efficient than the government spending that would replace it because people act more carefully when they spend their own money than when they spend other people's money.

Richard Wagner

You're having government spending on the economy being cut almost everywhere. That means that the only source of spending for growth has to come from borrowing from the banking system.

Michael Hudson

The Gillard government must give up its addiction to wasteful spending borrowing and taxing.

Julie Bishop

I just believe that government borrowing and spending doesn't lead to economic prosperity, growth, or sustainable jobs. I know that it comes from the private sector: people who invest in their businesses and ideas.

Sean Duffy

We must take away the government's credit card. With limits on both tax revenue and borrowing, the Federal government would finally be forced to get serious about spending cuts.

Alan Keyes

We must take away the government's credit card. With limits on both tax revenue and borrowing, the Federal government would finally be forced to get serious about spending cuts

Alan Keyes

Do you know that all of the money that we are spending, that the government is spending, must come from you? The government has no great pile of gold to which it can go to get what it gives you. The government has not one cent that it does not take from your pockets. Do not imagine, do not believe, do not go on the theory that you are not to pay this bill, unless the fundamentals of our government are to be overturned.

J. Reuben Clark

Total borrowing has imploded. Private borrowing has collapsed. And, in effect, the Treasury Department is the last borrower left standing.

Peter Orszag

Government spending cannot create additional jobs. If the government provides the funds required by taxing the citizens or by borrowing from the public, it abolishes on the one hand as many jobs as it creates on the other.

Ludwig von Mises

In reality, every time the government takes an additional dollar in taxes out of someone's pocket, it's a dollar that person will not be able to spend or invest. When government spending goes up, private spending goes down. There is no net effect. No wealth creation.

Maxime Bernier

Borrowing and spending is not the way to prosperity.

Paul Ryan

I am no longer going to go along with this idea that we're going to keep spending and borrowing and taking over and raising taxes, that I'm going to do everything I can to change things.

Chris Matthews

That's the real secret to job creation - not borrowing and spending more money in Washington.

Paul Ryan

Borrowing for expansion is one thing; borrowing to make up for mismanagement and waste is quite another.

Henry Ford

If borrowing and spending all this money led to more jobs than we would be at full employment already.

Paul Ryan

I, who ne'erWent for myself a begging, go a borrowing,And that for others. Borrowing's much the sameAs begging; just as lending upon usuryIs much the same as thieving.

Gotthold Ephraim Lessing

A Quote by Maxime Bernier

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