--- title: "Meaning & Key Takeaway of: The course of unbalanced budgets is the…" description: "\"The course of unbalanced budgets is the road to ruin\" — Herbert Hoover" image: "https://sms4smile.com/quotes/i/17b/herbert-hoover-1115_budgets_the-course-of-unbalanced-budgets-is-the_1059803.jpg" --- # The course of unbalanced budgets is the road to ruin ![“The course of unbalanced budgets is the road to ruin” quote by Herbert Hoover](https://sms4smile.com/quotes/i/17b/herbert-hoover-1115_budgets_the-course-of-unbalanced-budgets-is-the_1059803.jpg) [Download](https://sms4smile.com/quotes/i/17b/herbert-hoover-1115_budgets_the-course-of-unbalanced-budgets-is-the_1059803.jpg) [Open image](https://sms4smile.com/quotes/i/17b/herbert-hoover-1115_budgets_the-course-of-unbalanced-budgets-is-the_1059803.jpg) > “The course of unbalanced budgets is the road to ruin” [Herbert Hoover](https://sms4smile.com/quotes/author/herbert-hoover/) ## About This Quote This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation. Overspending leads to financial collapse, urging balanced budgets. **In simple terms:** Unbalanced budgets cause ruin. Key Takeaway Maintain fiscal discipline. Themes economics budgeting responsibility Mood cautious serious Type political economic When to use this quote - national budgeting - corporate finance - personal finance - policy making Key Concepts Fiscal policy government spending economic stability Questions to Reflect On - How can governments enforce balanced budgets? - What are the social impacts of austerity? A Different Perspective Political constraints may limit austerity. ★ ★ ★ ★ ★ No ratings yet [Budgets](https://sms4smile.com/quotes/about/budgets/) [Inspirational](https://sms4smile.com/quotes/about/inspirational/) [Ruins](https://sms4smile.com/quotes/about/ruins/) [Taxes](https://sms4smile.com/quotes/about/taxes/) ## Related quotes > [If you are idle, you are on the road to ruin; and there are few stopping-places upon it. It is rather a precipice than…](https://sms4smile.com/quotes/henry-ward-beecher/if-you-are-idle-you-are-on-the-road-to-ruin-and-there-are-few/) [Henry Ward Beecher](https://sms4smile.com/quotes/author/henry-ward-beecher/) > [The road to ruin is always in good repair, and the travellers pay the expense of it.](https://sms4smile.com/quotes/josh-billings/the-road-to-ruin-is-always-in-good-repair-and-the-travellers-pay-the/) [Josh Billings](https://sms4smile.com/quotes/author/josh-billings/) > [“Long road to ruin, there in your eyes Under the cold streetlights. No tomorrow, no dead-ends in sight!”](https://sms4smile.com/quotes/foo-fighters/long-road-to-ruin-there-in-your-eyes-under-the-cold-streetlights-no/) [Foo Fighters](https://sms4smile.com/quotes/author/foo-fighters/) > [The minute you start believing your own success, you're on the road to ruin.](https://sms4smile.com/quotes/faye-dunaway/the-minute-you-start-believing-your-own-success-you-re-on-the-road-to/) [Faye Dunaway](https://sms4smile.com/quotes/author/faye-dunaway/) > [The Federal Budget can and should be made an instrument of prosperity and stability, not a deterrent to recovery.](https://sms4smile.com/quotes/john-f-kennedy/the-federal-budget-can-and-should-be-made-an-instrument-of-prosperity/) [John F. Kennedy](https://sms4smile.com/quotes/author/john-f-kennedy/) > [We must not be misled by the claim that the source of all wisdom is in the government.](https://sms4smile.com/quotes/herbert-hoover/we-must-not-be-misled-by-the-claim-that-the-source-of-all-wisdom-is/) [Herbert Hoover](https://sms4smile.com/quotes/author/herbert-hoover/) > [No great question will ever be settled in dollars and cents. Great questions must be settled on moral grounds and the tests of what…](https://sms4smile.com/quotes/herbert-hoover/no-great-question-will-ever-be-settled-in-dollars-and-cents-great/) [Herbert Hoover](https://sms4smile.com/quotes/author/herbert-hoover/) > [I was for a short time on the baseball team as shortstop, where I was not so good.](https://sms4smile.com/quotes/herbert-hoover/i-was-for-a-short-time-on-the-baseball-team-as-shortstop-where-i-was/) [Herbert Hoover](https://sms4smile.com/quotes/author/herbert-hoover/) > [We are now speeding down the road of wasteful spending and debt, and unless we can escape we will be smashed in inflation.](https://sms4smile.com/quotes/herbert-hoover/we-are-now-speeding-down-the-road-of-wasteful-spending-and-debt-and/) [Herbert Hoover](https://sms4smile.com/quotes/author/herbert-hoover/) > [I was not able to work up much enthusiasm over the ball game, and in the midst of it I was handed a note…](https://sms4smile.com/quotes/herbert-hoover/i-was-not-able-to-work-up-much-enthusiasm-over-the-ball-game-and-in/) [Herbert Hoover](https://sms4smile.com/quotes/author/herbert-hoover/) > [We are indebted to the Book of books (Bible) for our national ideals and institution. Their preservation rests in adhering to it's precepts.](https://sms4smile.com/quotes/herbert-hoover/we-are-indebted-to-the-book-of-books-bible-for-our-national-ideals/) [Herbert Hoover](https://sms4smile.com/quotes/author/herbert-hoover/) > [You convey too great a compliment when you say that I have earned the right to the presidential nomination. No man can establish such…](https://sms4smile.com/quotes/herbert-hoover/you-convey-too-great-a-compliment-when-you-say-that-i-have-earned-the/) [Herbert Hoover](https://sms4smile.com/quotes/author/herbert-hoover/) > [One of the primary necessities of the world for the maintenance of peace is the elimination of the frictions which arise from competitive armament.](https://sms4smile.com/quotes/herbert-hoover/one-of-the-primary-necessities-of-the-world-for-the-maintenance-of/) [Herbert Hoover](https://sms4smile.com/quotes/author/herbert-hoover/) > [Somebody has inquired as to whether I will be going to the opening baseball game. I hope to have that pleasure.](https://sms4smile.com/quotes/herbert-hoover/somebody-has-inquired-as-to-whether-i-will-be-going-to-the-opening/) [Herbert Hoover](https://sms4smile.com/quotes/author/herbert-hoover/) > [It is a great profession. There is the fascination of watching a figment of the imagination emerge through the aid of science to a…](https://sms4smile.com/quotes/herbert-hoover/it-is-a-great-profession-there-is-the-fascination-of-watching-a/) [Herbert Hoover](https://sms4smile.com/quotes/author/herbert-hoover/) ## More by Herbert Hoover > [While the crash only took place six months ago, I am convinced we have now passed the worst, and with continued unity of effort,…](https://sms4smile.com/quotes/herbert-hoover/while-the-crash-only-took-place-six-months-ago-i-am-convinced-we-have/) [Herbert Hoover](https://sms4smile.com/quotes/author/herbert-hoover/) > [Fishing is a constant reminder of the democracy of life, of humility, and of human frailty. The forces of nature discriminate for no man.](https://sms4smile.com/quotes/herbert-hoover/fishing-is-a-constant-reminder-of-the-democracy-of-life-of-humility/) [Herbert Hoover](https://sms4smile.com/quotes/author/herbert-hoover/) > [It is a great profession. There is the fascination of watching a figment of the imagination emerge through the aid of science to a…](https://sms4smile.com/quotes/herbert-hoover/it-is-a-great-profession-there-is-the-fascination-of-watching-a/) [Herbert Hoover](https://sms4smile.com/quotes/author/herbert-hoover/) > [The human animal originally came from out-of-doors. When spring begins to move in his bones, he just must get out again. Moreover, as civilization,…](https://sms4smile.com/quotes/herbert-hoover/the-human-animal-originally-came-from-out-of-doors-when-spring-begins/) [Herbert Hoover](https://sms4smile.com/quotes/author/herbert-hoover/) > [“No one ever listened themselves out of a job.”](https://sms4smile.com/quotes/herbert-hoover/no-one-ever-listened-themselves-out-of-a-job/) [Herbert Hoover](https://sms4smile.com/quotes/author/herbert-hoover/) > [Somebody has inquired as to whether I will be going to the opening baseball game. I hope to have that pleasure.](https://sms4smile.com/quotes/herbert-hoover/somebody-has-inquired-as-to-whether-i-will-be-going-to-the-opening/) [Herbert Hoover](https://sms4smile.com/quotes/author/herbert-hoover/) > [It is always possible that occasional individuals may have overstepped the law and humanity in treatment of criminals and those charged with crime, and…](https://sms4smile.com/quotes/herbert-hoover/it-is-always-possible-that-occasional-individuals-may-have/) [Herbert Hoover](https://sms4smile.com/quotes/author/herbert-hoover/) > [One of the primary necessities of the world for the maintenance of peace is the elimination of the frictions which arise from competitive armament.](https://sms4smile.com/quotes/herbert-hoover/one-of-the-primary-necessities-of-the-world-for-the-maintenance-of/) [Herbert Hoover](https://sms4smile.com/quotes/author/herbert-hoover/) > [Man is still by instinct a predatory animal given to devilish aggression. 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Men must be what they were made by the Almighty or the American people will find them out in…](https://sms4smile.com/quotes/herbert-hoover/leadership-cannot-be-created-synthetically-men-must-be-what-they-were/) [Herbert Hoover](https://sms4smile.com/quotes/author/herbert-hoover/) > [When we are sick, we want an uncommon doctor; when we have a construction job to do, we want an uncommon engineer, and when…](https://sms4smile.com/quotes/herbert-hoover/when-we-are-sick-we-want-an-uncommon-doctor-when-we-have-a/) [Herbert Hoover](https://sms4smile.com/quotes/author/herbert-hoover/) > [My boyhood ambition was to be able to earn my own living, without the help of anybody, anywhere,](https://sms4smile.com/quotes/herbert-hoover/my-boyhood-ambition-was-to-be-able-to-earn-my-own-living-without-the/) [Herbert Hoover](https://sms4smile.com/quotes/author/herbert-hoover/) > [If America is to be run by the people, it is the people who must think. And we do not need to put on…](https://sms4smile.com/quotes/herbert-hoover/if-america-is-to-be-run-by-the-people-it-is-the-people-who-must-think/) [Herbert Hoover](https://sms4smile.com/quotes/author/herbert-hoover/) > [The New Deal repudiation of democracy has left the Republican Party alone the guardian of the Ark of the Covenant with its charter of…](https://sms4smile.com/quotes/herbert-hoover/the-new-deal-repudiation-of-democracy-has-left-the-republican-party/) [Herbert Hoover](https://sms4smile.com/quotes/author/herbert-hoover/) [Explore all 290 Herbert Hoover quotes ](https://sms4smile.com/quotes/author/herbert-hoover/) ## More Budgets quotes > [The costs of the Bush-Obama wars in Iraq and Afghanistan are now estimated to run as high as $4.4 trillion - a major victory…](https://sms4smile.com/quotes/noam-chomsky/the-costs-of-the-bush-obama-wars-in-iraq-and-afghanistan-are-now/) [Noam Chomsky](https://sms4smile.com/quotes/author/noam-chomsky/) > [If my campaign is not in the debate, we will not be talking about how we really fix this problem of endless and expanding…](https://sms4smile.com/quotes/jill-stein/if-my-campaign-is-not-in-the-debate-we-will-not-be-talking-about-how/) [Jill Stein](https://sms4smile.com/quotes/author/jill-stein/) > [Right now we're concerned about budget. 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