"The nominal budget is a poor indicator of the impact of government outlays and revenues."

Government, Poor

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"The nominal budget is a poor indicator of the impact of government outlays and revenues."

Exlpore more Government quotes

"Democracy means government by the uneducated, while aristocracy means government by the badly educated."

Gilbert K. Chesterton, English Writer

Government, Aristocracy, Democracy

"Who is an elected government in a constitutional democracy to decide it will not tolerate dissent."

Christina Engela, South African Author

Government, Democracy, Dissent, Freedom

"There are no doubts that western governments are willfully inducing radiation sickness into segments of their city populations."

Steven Magee, British Author

Government, Health, Danger, Truth

"We all know what Parliament is, and we are all ashamed of it."

Robert Louis Stevenson, Scottish Writer

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"If you make any money, the government shoves you in the creek once a year with it in your pockets, and all that don't get wet you can keep."

Will Rogers, American Actor

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"Every decent man is ashamed of the government he lives under."

H. L. Mencken, American Writer

Government, Man

"Giving every man a vote has no more made men wise and free than Christianity has made them good."

H. L. Mencken, American Writer

Government, Men, Christianity, Giving, Man

"I can make a firm pledge, under my plan, no family making less than $250,000 a year will see any form of tax increase. Not your income tax, not your payroll tax, not your capital gains taxes, not any of your taxes."

Barack Obama, American President

Government, Family, Tax, Income, Taxes

"This country, with its institutions, belongs to the people who inhabit it. Whenever they shall grow weary of the existing government, they can exercise their constitutional right of amending it, or exercise their revolutionary right to overthrow it."

Abraham Lincoln, American Politician

Government, People, Country, Exercise

"The worst government is often the most moral. One composed of cynics is often very tolerant and humane. But when fanatics are on top there is no limit to oppression."

H. L. Mencken, American Writer

Government, Fanatics, Oppression

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."

Balance, Nothing, Will

"Firms would be given initial entitlements to gross markup on the basis of past performance. These entitlements would be transferable and a market in them would be developed."

Performance, Past

"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."

Government, Justification

"It's insane to try to balance the budget."

Balance,

"Deficits do not in themselves produce inflation, nor does a balanced budget assure a stable price level."

Economy, Inflation

"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."

Policy, Effect, Interest, Pressure

"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."

Life, Quality, Future, Income

"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."

Job, Unemployment

"The great increase in longevity has produced a surge in the desire to accumulate assets for retirement. It has outpaced the ability of the private sector to produce assets, so we need a larger government debt."

Government, Ability, Debt, Desire

"This paper was one of my digressions into abstract economics."

Economy, Economics