Budget Quotes - page 24
Thirty years of lax budget policy (the Trente Dispendieuses) marked by soaring public spending in the 1980's, the happy-go-lucky attitude of the 1990's and finally, a policy of procrastination in the 2000's characterised by the development of creative budgetary marketing strategies exclusively destined to delay the (always) socially and politically painful moment of addressing the accounts.
Éric Pichet
Russia is really a sort of a nonentity when it comes to - the economy is the size of the state of New York. Their military budget is 5 percent of the U.S. military budget. We shouldn't even be thinking about Russia other than the fact that they're sort of putting their nose into every bit of terrible activity all over the world.
Bill Browder
Antonius [i. e., C. Antonius Hybrida] heartily agreed with him [i. e., M. Tullius Cicero] that the budget should be balanced, that the Treasury should be refilled, that public debt should be reduced, that the arrogance of the generals should be tempered and controlled, that assistance to foreign lands should be curtailed lest Rome become bankrupt, that the mobs should be forced to work and not depend on government for subsistence, and that prudence and frugality should be put into practice as soon as possible.
Taylor Caldwell
[T]he new line that the Taehan minguk was not founded in August 1948, but instead came into existence when a provisional government was formed in Shanghai in 1919. I don't need to remind anyone of the internationally accepted criteria for statehood. The Blue House seems more interested in downgrading the republic that fought the North than in making a serious case for the statehood of something else. The original modest budget for the 70th anniversary of the ROK's founding has already been cut. The joint North-South commemoration of the March 1st uprising's 100th anniversary next year is likely to make the festivities this August 15 look subdued in comparison.
Brian Reynolds Myers
Hayek's blind spot with regard to politics was clear in the early 1980s when the first Thatcher government, in an attempt to reduce inflation and bring the public finances closer to a balanced budget, was raising interest rates and cutting public spending. As he had done during the 1930s, Hayek attacked these policies as not being severe enough. It would be better, he told me in a conversation we had around this time, if Thatcher imposed a more drastic contraction on the economy so that the wage-setting power of the trade unions could be broken. He appeared unfazed by unemployment, which was already higher (more than three million people) than at any time since the 1930s, and would rise much further if his recommendations were accepted.
John N. Gray
