Political Quotes

On the recordSeptember 24, 2002
it was Adam Smith, who I consider another great economist, that in trying to figure out what was prudent, what was the right thing to do fiscally in government, said, what is prudent in one's own personal life is the prudent thing to do as far as running government. In our personal lives, the gentleman from Maryland (Mr. Bartlett) and I are both sort of farmers, and the tradition in farming where we grew up was we tried to pay down the mortgage to give our kids a little better chance. We are doing just the opposite: We are adding more burden to our kids and grandkids, and jeopardizing their future because somehow we think our spending and our needs today must be greater than what their needs are going to be 20, 30, 40 years from now. That is ridiculous, it is not fair, and it is something that eventually the American people have to realize when they go to the ballot box this November or whatever November. Some of the questions they have to be asking their candidates are: How deep do you want to go in debt? How much taxes do you want to raise? How much are you going to increase government spending? So do not stand there and brag to me all of the things you are going to do for me with my money as it is filtered through the bureaucracy in Washington.
Said by
Nick Smith
Republican · Michigan

Editor's note · Context

Discussing fiscal responsibility and government spending.

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