Quote of the Day
I believe a nation does not maximize its health care until it starts to ask the hard question: How can we prioritize our expenditures to buy the most health care for the most people? We should not apologize for rationing; we should promote it and advance it.
War is never economically beneficial except for those in position to profit from war expenditures.
When you concentrate on agriculture and industry and are frugal in expenditures, Heaven cannot impoverish your state.
Expenditures rise to meet income.
C. Northcote Parkinson
Much fiscal policy is implemented, not through spending increases, but through tax credits and other so-called tax expenditures. The markets should respond to them as they do spending cuts, with little contraction in economic activity.
I have very, very low expenditures, but still I manage to spend it all. I guess Hot Pockets are more expensive than I thought.
No one is rich whose expenditures exceed his means, and no one is poor whose incomings exceed his outgoings.
Thomas Chandler Haliburton
One suggestion my wife and I have used in our personal finance courses we teach at college is simply writing down all expenditures and seeing where the money goes. That alone will cause heads of households to think twice about x, y or z expenditure, and to consider carefully whether they really need something or not.
The move to tax Internet sales, clothed as a 'fairness' issue, is the typical 'wolf-in-sheep's-clothing' ploy so often used by governments unwilling to cut expenditures to match revenues. It matters not whether its proponents have a 'D' or an 'R' after their name. It is a tax increase in either case.
All workers, whether they are employed in the private or public sector, should avoid living 'paycheck to paycheck.' Studies show that every household wastes 10% or more of its salary or income on unnecessary expenditures or by not taking the time to shop for better prices. It's all a matter of proper budgeting.
U.S. analysts estimate that Russian military expenditures have tripled during the Bush-Putin years, in large measure a predicted reaction to the Bush administration's militancy and aggressiveness.
Folks, the most insidious part of this whole health care scheme is that all of these vast medical expenditures will become nothing more than government budget items. We individuals will no longer exist. The relationship between a government and citizen will change forever.
I lost 80 percent of my wealth and then gave away over half of the rest. So I'm a man of modest means now. But if you budget carefully and watch your expenditures, you can get by on a couple billion dollars.
A comprehensive national energy policy is critical to our nation's economy and our national security. Energy expenditures account for about 7% percent of our total economy and influence pricing in the much of the rest of the economy.
There are not as many women who support the national defense budget now as men. I really think there is a gender gap in the support for the large expenditures that are necessary to modernize the force.
Traditionally, the way deficits have been cut is you hold expenditures more or less constant in real dollars and then let growth come in to fill it up.
With rising incomes, the share of expenditures for food products declines. The resulting shift in expenditures affects demand patterns and employment structures.
Wall Street banks have the right to express their views to lawmakers and regulators through lobbying, but the law is clear: If they want to influence lawmakers, they must disclose their lobbying expenditures.
The growth of medical expenditures in the U.S. is not caused by administrative costs but by increases in the technical intensity of care over time - a.k.a. medical progress.
There are some tax expenditures that are there for very obvious and very important and very good policy reasons. Whether it's the charitable deduction or the deduction for homes, it's not a loophole.
Now we are raising the debt limit 3 times, up to $8 trillion, so that our children and our grandchildren will have to pay for the cost of our expenditures.
The greatly increased consumption of alcoholic beverages is very largely a direct result of the increased purchasing power created by wartime expenditures.
William Lyon Mackenzie King
We need to prioritize those expenditures of the federal government in A, B and C priorities... And I believe that on the C priority list are things like the Departments of Education and Energy, and those are the places where we should begin those defunding.
You don't lock into a ten-year family budget. You take it a year at a time - maybe even six months at a time. And then if the income really comes in the way you hope it does, then you can make some of those expenditures that you've been waiting to make. We think that same principle should apply to the national family we call America.
Among the reasons for this was the fact that the U.S.A. is one mass market. It is only when you have a mass market that large-scale manufacturing which involves very substantial expenditures can be justified.
John F. Kennedy
Martin Luther King, Jr.
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