--- title: "Meaning & Key Takeaway of: Governments are necessarily continuing…" description: "\"Governments are necessarily continuing concerns. They have to keep going in good times and in bad. They therefore need a wide margin of safety. If taxe..." image: "https://sms4smile.com/quotes/i/7e8/calvin-coolidge-764_bears_governments-are-necessarily-continuing-c_1241248.jpg" --- # Governments are necessarily continuing concerns. They have… ![“Governments are necessarily continuing concerns. They have to keep going in good times and in bad. They therefore need a wide margin of safety. If taxes and debt are made all the people can bear when times are good, there will be certain disaster when times are bad.” quote by Calvin Coolidge](https://sms4smile.com/quotes/i/7e8/calvin-coolidge-764_bears_governments-are-necessarily-continuing-c_1241248.jpg) [Download](https://sms4smile.com/quotes/i/7e8/calvin-coolidge-764_bears_governments-are-necessarily-continuing-c_1241248.jpg) [Open image](https://sms4smile.com/quotes/i/7e8/calvin-coolidge-764_bears_governments-are-necessarily-continuing-c_1241248.jpg) > “Governments are necessarily continuing concerns. They have to keep going in good times and in bad. They therefore need a wide margin of safety. If taxes and debt are made all the people can bear when times are good, there will be certain disaster when times are bad.” [Calvin Coolidge](https://sms4smile.com/quotes/author/calvin-coolidge/) ## About This Quote This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation. Governments must maintain fiscal buffers to survive economic cycles, avoiding over‑taxation in prosperity that leads to crisis in downturns. **In simple terms:** Governments need safety nets for good and bad times. Key Takeaway Build fiscal reserves and balanced budgets. Themes fiscal policy government stability economic cycles Mood cautious pragmatic Type policy economic When to use this quote - budget planning - tax policy - economic forecasting - public administration Key Concepts public finance risk management budgeting Questions to Reflect On - How can governments balance safety with growth? - What mechanisms ensure equitable tax burdens? A Different Perspective Overly cautious reserves can limit necessary investment. ★ ★ ★ ★ ★ No ratings yet [Bears](https://sms4smile.com/quotes/about/bears/) [Disaster](https://sms4smile.com/quotes/about/disaster/) [Good times](https://sms4smile.com/quotes/about/good-times/) [Government](https://sms4smile.com/quotes/about/government/) [Governments](https://sms4smile.com/quotes/about/governments/) [People](https://sms4smile.com/quotes/about/people/) [Politics](https://sms4smile.com/quotes/about/politics/) [Safety](https://sms4smile.com/quotes/about/safety/) [Taxes](https://sms4smile.com/quotes/about/taxes/) [Time](https://sms4smile.com/quotes/about/time/) ## Related quotes > [Despite global economic concerns, other nations are continuing to push forward and invest in their space capabilities. 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