Budgeting Quote by Amity Shlaes
“Right now we're concerned about budget. Right now we're concerned about the prospect of interest rate rise. We're concerned about government corruption, government handing out deals to specific groups. Coolidge fixed a problem like that. He came into a rough time and he, and Harding before him, fixed that by budgeting.”
About This Quote
A critique of current fiscal anxieties and political favoritism, invoking historical leadership that restored fiscal discipline through budgeting.
In simple terms: Historical fiscal reform as a remedy for modern budget concerns.
Key Takeaway
Effective budgeting can curb corruption and economic instability.
Themes
Fiscal policy
Political corruption
Historical precedent
Leadership
Economic stability
Mood
Concerned
Reflective
Type
Political commentary
Historical analogy
When to use this quote
- Government budgeting sessions
- Corporate financial planning
- Policy debate forums
- Economic advisory meetings
Key Concepts
Budgeting
Interest rates
Government deals
Historical reform
Practical Applications
- Designing fiscal restraint strategies
- Analyzing historical budgeting outcomes
Questions to Reflect On
- How does budgeting influence political integrity?
- What modern parallels exist to past fiscal reforms?
![“[Lloyd George] said that Harding's speech on American naval aspirations made him feel that he would pawn his shirt rather than allow America to dominate the seas. If this was to be the outcome of the League of Nations propaganda, he was sorry for the world and in particular for America.” quote by David Lloyd George](https://sms4smile.com/quotes/img-quotes/5fc/david-lloyd-george-9272_america_lloyd-george-said-that-harding-s-speech_795668.jpg)
