Absolute freedom of the press to discuss public questions is a foundation stone of American liberty.
Herbert HooverRead
The budget should be balanced not by more taxes, but by reduction of follies.
Interpretation
What this quote means
Hoover suggests that instead of raising taxes, governments should cut unnecessary expenses.
In this quote, Herbert Hoover emphasizes that a balanced budget should be achieved through prudent financial management, rather than placing a heavier burden on taxpayers. He advocates for reducing wasteful expenditures, or 'follies', which reflects a philosophy of fiscal responsibility and efficiency in governance.
Themes
BudgetTaxesFolliesReductionFinanceExpenses
In practice
Example use cases
This quote could be used in a speech about fiscal policy at a government conference.
More from Herbert Hoover
All quotes βNo prosaic description can portray the grandeur of 40 miles of rugged mountains rising beyond a placid lake in which each shadowy precipice and each purple gorge is reflected with a vividness that rivals the original.
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Peace is not made at the council table or by treaties, but in the hearts of men.
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Words without actions are the assassins of idealism.
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There is no more cruel illusion than that war makes a people richer.
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