Adam Smith actually said...

I don't think that is acceptable, it is not the number we should be at, and I think as a Congress we should not forget that we still have a very strong obligation to address revenue and to address mandatory spending.

Context

Smith criticizes the acceptance of sequestration numbers and urges fiscal responsibility.

03/05/2013

https://congress.gov...

More Adam Smith Quotes

We don't collect enough revenue to cover our expenditures.
9/7/2011
Large, immediate cuts to the defense budget would have substantially negative impacts to the ability of the U.S. military.
9/7/2011
Cuts to our Nation's defense, either by eliminating programs or laying off soldiers, comes with an economic cost.
9/7/2011
I worry, just as Mr. Bartlett does, about my children and my grandchild right now and what they are going to wind up being the benefactors o...
9/7/2011

View All Adam Smith Quotes