Billions Quote by Eric Cantor
“Now the proposal is yet again another $150 billion before we start to think about a freeze. But $150 billion spent on more government programs; monies being created to direct and what kind of jobs that Washington thinks ought to be created. Come on. I mean there is a government that can help, and the government can also hurt.”
About This Quote
Source Speech: Congressional Hearing, U.S. House of Representatives, 2011
The speaker warns that massive spending proposals risk creating wasteful jobs and economic distortion rather than solving problems.
In simple terms: Huge spending can create bad jobs and hurt the economy.
Key Takeaway
Scrutinize large fiscal plans before approval.
Themes
economics
government
spending
policy
accountability
Mood
cautious
critical
skeptical
Type
political
economic
policy
When to use this quote
- budget planning
- legislative review
- tax policy
- public program design
Key Concepts
Fiscal policy
public choice theory
government failure
Questions to Reflect On
- How can we ensure spending creates real value?
- What mechanisms prevent wasteful job creation?
A Different Perspective
Large proposals may still be needed for emergencies; political pressure can limit oversight.
![“The most pernicious of his [Obama] proposals will be the massive Make Work Pay refundable tax credit. Dressed up as a tax cut, it will be a national welfare program, guaranteeing a majority of American households an annual check to 'refund' taxes they never paid. And it will eliminate the need for…” quote by Dick Morris](https://sms4smile.com/quotes/img-quotes/4de/dick-morris-4948_annuals_the-most-pernicious-of-his-obama-proposa_2333330.jpg)
