"Higher taxes never reduce the deficit. Governments spend……" — Milton Friedman
"Higher taxes never reduce the deficit. Governments spend whatever they take in and then whatever they can get away with."
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Milton Friedman
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195 Quotes by Milton Friedman
Milton Friedman has 195 quotes on this site.
A few more worth reading:
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When a private enterprise fails, it is closed down; when a government enterprise fails, it is expanded. Isn't that exactly…
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Legalizing drugs would simultaneously reduce the amount of crime and raise the quality of law enforcement. Can you conceive of…
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My major problem with the world is a problem of scarcity in the midst of plenty ... of people starving…
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Freedom in economic arrangements is itself a component of freedom broadly understood, so economic freedom is an end in itself…
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Economic freedom is an essential requisite for political freedom. By enabling people to cooperate with one another without coercion or…
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Whenever we depart from voluntary cooperation and try to do good by using force, the bad moral value of force…
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The essential notion of a capitalist society ... is voluntary cooperation, voluntary exchange. The essential notion of a socialist society…
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The power to determine the quantity of money... is too important, too pervasive, to be exercised by a few people,…
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Fundamentally, there are only two ways of coordinating the economic activities of millions. One is central direction involving the use…
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Self-interest is not myopic selfishness. It is whatever it is that interests the participants, whatever they value, whatever goals they…
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The high rate of unemployment among teenagers, and especially black teenagers, is both a scandal and a serious source of…
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A society based on the freedom to choose is better than a society based on the principles of socialism, communism…
See all 195 quotes by Milton Friedman »
More Deficit Quotes
This quote is filed under Deficit Quotes,
one of 380 quotes in that category. Here are a few more:
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One thing everyone seems to agree on is that Republicans face a perceived compassion deficit.
— Gary Bauer
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Obama and the Democrats' preposterous argument is that we are just one more big tax increase away from solving our…
— Bob Beauprez
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We've used up a lot of bullets. And we talk about stimulus. But the truth is, we're running a federal…
— Warren Buffett
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It is vital that we get these policies right as we take forward our plans to drive down the deficit…
— David Cameron
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Reagan proved deficits don't matter.
— Dick Cheney
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One of the reasons the deficit got as big as it did, frankly, was because of the economic slowdown, the…
— Dick Cheney
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The only justification for repressive institutions is material and cultural deficit. But such institutions, at certain stages of history, perpetuate…
— Noam Chomsky
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I said we are going to balance an $11 billion budget deficit in a $29 billion budget, so by percentage,…
— Chris Christie
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Children from like 8 and even up to the college age - Spider-Man appeals to a fairly broad demographic but,…
— Thomas Haden Church
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When you think about it, attention-deficit order makes a lot of sense. In this country there isn't a lot worth…
— George Carlin
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Independent economists say immigration reform will grow our economy and shrink our deficits by almost $1 trillion in the next…
— Barack Obama
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Democrats were quick to point out that President Bush's budget creates a 1 trillion dollar deficit. The White House quickly…
— Craig Kilborn
See all 380 Deficit Quotes »