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Bears Quote by Calvin Coolidge

“I favor the policy of economy, not because I wish to save money, but because I wish to save people. The men and women of this country who toil are the ones who bear the cost of the Government. Every dollar that we carelessly waste means that their life will be so much the more meager. Every dollar…” quote by Calvin Coolidge
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“I favor the policy of economy, not because I wish to save money, but because I wish to save people. The men and women of this country who toil are the ones who bear the cost of the Government. Every dollar that we carelessly waste means that their life will be so much the more meager. Every dollar that we save means that their life will be so much the more abundant. Economy is idealism in its most practical form.”

Calvin Coolidge

About This Quote

Source Speech: 1925 Republican National Convention, 1925

Advocates fiscal restraint to protect ordinary workers from wasteful government spending, linking thrift to moral responsibility for the public good.

In simple terms: Saving money helps people live better lives.

Key Takeaway

Practice fiscal responsibility for societal benefit.

Themes

economics ethics government social welfare

Mood

thoughtful serious

Type

political ethical

When to use this quote

  • budget planning
  • policy making
  • personal finance
  • public administration

Key Concepts

public finance utilitarianism resource allocation

Questions to Reflect On

  • How does personal thrift translate to public welfare?
  • What are the limits of austerity?
A Different Perspective

May overlook necessary investments in infrastructure or social services.

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