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"There is no real justification for a requirement that a budget of any sort should be balanced, except as a rallying point for those who seek to hamstring government."
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"We must not tolerate oppressive government or industrial oligarchy in the form of monopolies and cartels."
"Any union that can't accept workers choosing their own representatives through universal franchise is finished."
"It is from weakness that people reach for dictators and concentrated government power. Only the strong can be free. And only the productive can be strong."
"The keystone of the Fascist doctrine is its conception of the State, of its essence, its functions, and its aims. For Fascism the State is absolute, individuals and groups relative."
"The less government interferes with private pursuits, the better for general prosperity."
"The idea of being in the State Department was exciting. On the other hand, I always had in the back of my mind going into politics. If I stayed in Washington, I might end up a government hack."
"What I want to do is create more taxpayers, not more taxes."
"The Soviet government is the most realistic regime in the world - no ideals."
"I never knew a government yet that wanted to do anything."
Explore more quotes by William Vickrey
"Balancing a nominal budget will solve nothing, and attempting to achieve such a spurious balance will produce much mischief."
"Practically, the desirable situation ought to be one in which any reasonably responsible person willing to accept available employment can find a job paying a living wage within 48 hours."
"The nominal budget is a poor indicator of the impact of government outlays and revenues."
"The supply-side effect of a restrictive monetary policy is likely to be perverse, in that high interest rates enter into costs and thus exert inflationary pressure."
"If unemployment could be brought down to say 2 percent at the cost of an assured steady rate of inflation of 10 percent per year, or even 20 percent, this would be a good bargain."
"Currently a level of unemployment of 7 percent or more seems to be required to keep inflation from accelerating, a level quite unacceptable as a permanent situation."
"I define genuine full employment as a situation where there are at least as many job openings as there are persons seeking employment, probably calling for a rate of unemployment, as currently measured, of between 1 and 2 percent."
"Increasingly prices are set by sellers to raise their prices without a loss of sales sufficient to wipe out the gain."
"Nearly all educational expenditure should be considered a capital outlay, whether it provides a future return in the form of enhanced taxable income or in terms of an enhanced quality of life."
"Larger deficits are necessary and proper means to mitigate unemployment as the far greater evil in terms of human welfare."
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