A Quote by Peter Schiff

You don't help the economy by spending money.

Peter Schiff

Quote Topics

Economy Help Money Spending Spending Money

Quote Author

Peter Schiff
American - Businessman
Born: March 23, 1963

What's hurting the U.S. economy is total government spending. The deficit is an indicator that the government is spending so much money that it can't even get around to stealing all of the money that it wants to spend. But the tip of the iceberg is not what hit the Titanic - it was the 90 percent of the iceberg under water.

Grover Norquist

The reality is the most important thing that can be done are these permanent changes like to the tax code, reduction of government spending. These are the things that pop up in economy and move it in the right direction, start to make it an economy that is moving because of the money in the private economy. When you think about it, when the Fed is lowering an interest rate, what it's doing is it's creating more liquidity. It's putting more money into the economy. The same thing happens when you reduce the tax except if happens from physical policy.

Rudy Giuliani

Trickle-down economics - it didn't work. The whole idea was supply-side economics: give rich people a lot of money; they'll spend it, it'll go into the economy. Here's what we found out - rich people, really good at keeping all the money. That's how they got rich. If you want it in the economy, give it to the poor people. You know what they're really good at? Spending all their money.

Greg Fitzsimmons

Economy does not lie in sparing money, but in spending it wisely.

Thomas Huxley

In a very weak economy, when you say 'cut government spending,' what you mean is you're laying off school teachers and you're de-funding various programs that put money into the economy. This means you have more unemployed people that then draw unemployment benefits and don't pay taxes.

Fareed Zakaria

We are not spending the Federal Government's money, we are spending the taxpayer's money, and it must be spent n a way which guarantees his money's worth and yields the fullest possible benefit to the people being helped.

Richard M. Nixon

Economy is a way of spending money without getting any pleasure out of it.

Armand Salacrou

We should reduce total government spending as a percentage of the economy. The left wants to focus on the deficit so they can take us away from the focus on spending as a percentage of the economy.

Grover Norquist

Money can help you to get medicines but not health. Money can help you to get soft pillows, but not sound sleep. Money can help you to get material comforts, but not eternal bliss. Money can help you to get ornaments, but not beauty. Money will help you to get an electric earphone, but not natural hearing. Attain the supreme wealth, wisdom; you will have everything.

Sivananda

Economy has frequently nothing whatever to do with the amount of money being spent, but with the wisdom used in spending it.

Henry Ford

Money, amazingly, is losing its power... Our economy is rapidly changing from a money economy to a satisfaction economy.

Martin Seligman

If workers have less money in their pockets to put food on the table, they will be spending less money; your economy will suffer.

Martin O'Malley

As a rich country, we can, in some sense, "afford" the war. But spending money on the war means that we are not spending money on other things that we could have spent the money on.

Joseph Stiglitz

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.