Skip to content

American economy Quote by John Morris Roberts

“Ever since 1945 the federal government has held and indeed increased its importance as the first customer of the American economy. Government spending had been the primary economic stimulant and to increase it had been the goal of hundreds of interest groups; hopes of balanced budgets and cheap…” quote by John Morris Roberts
Download Open image
““Ever since 1945 the federal government has held and indeed increased its importance as the first customer of the American economy. Government spending had been the primary economic stimulant and to increase it had been the goal of hundreds of interest groups; hopes of balanced budgets and cheap, business-like administration always ran aground upon this fact. What was more, the United States was a democracy; whatever the doctrinaire objections to it, and however much rhetoric might be devoted to attacking it, a welfare state slowly advanced because voters wanted it that way. These facts gradually made the old ideal of totally free enterprise, unchecked and uninvaded by the influence of government, unreal.””

John Morris Roberts

About This Quote

Source Book: The Rise of the American Economy, John Morris Roberts, 1970

Government became the primary driver of economic activity, shaping policy and welfare through spending and voter demand.

In simple terms: Government drives the economy.

Key Takeaway

Recognize government’s role in economic outcomes.

Themes

economics government policy democracy welfare state

Mood

analytical critical

Type

explanatory historical

When to use this quote

  • budget planning
  • public policy design
  • social program evaluation

Key Concepts

public spending interest groups voter influence market regulation

Questions to Reflect On

  • How does government spending affect market competition?
  • What balance should exist between public and private economic forces?
A Different Perspective

Government influence can limit private sector freedom and efficiency.

4.4 out of 5 (7 ratings)

More by John Morris Roberts

Explore all 5 John Morris Roberts quotes

More American economy quotes

Browse all 111 American economy quotes