When will Labour learn that you cannot build Jerusalem in Brussels.
Margaret ThatcherRead
How very popular to say, 'spend more on this, expend more on that.' And of course, we all have our favorite causes; I know I do. But someone has to add up the figures. Every business has to do it, every housewife has to do it, [and] every government should do it.
Interpretation
What this quote means
The quote emphasizes the importance of budgeting and accounting for expenses in both personal and public finances.
Margaret Thatcher's quote underscores the necessity of financial responsibility and awareness in spending. While it is easy to advocate for more spending on various causes, it is crucial to maintain a balanced budget and to account for all expenditures, whether in a household, business, or government. Without proper financial management, excess spending can lead to unsustainable situations.
Themes
BudgetSpendingFinanceResponsibilityAccounting
In practice
Example use cases
Using this quote in a financial literacy workshop to emphasize budgeting.
More from Margaret Thatcher
All quotes →Never in the history of human credit has so much been owed.
Margaret ThatcherRead
The battle for women's rights has been largely won.
Margaret ThatcherRead
Ought we not to ask the media to agree among themselves a voluntary code of conduct, under which they would not say or show anything which could assist the terrorists' morale or their cause while the hijack lasted.
Margaret ThatcherRead
Israel must never be expected to jeopardize her security: if she was ever foolish enough to do so, and then suffered for it, the backlash against both honest brokers and Palestinians would be immense - 'land for peace' must also bring peace.
Margaret ThatcherRead
If it's me against 48, I feel sorry for the 48.
Margaret ThatcherRead
Similar quotes
Reforms aimed at increasing an economy's flexibility are always hard - and even more so at a time of weak growth - because they require eliminating protections for vested interests in the short term for the sake of greater long-term prosperity.
Michael SpenceRead
The recurrence of periods of depression and mass unemployment has discredited capitalism in the opinion of injudicious people. Yet these events are not the outcome of the operation of the free market. They are on the contrary the result of well-intentioned but ill-advised government interference with the market.
Ludwig Von MisesRead
I will cut taxes - cut taxes - for 95 percent of all working families, because, in an economy like this, the last thing we should do is raise taxes on the middle class.
Barack ObamaRead
The economic dynamic in Zimbabwe is perversely robust: while ordinary people suffer, black-market dealers and people with foreign bank accounts prosper, making them powerful stakeholders in the perpetuation of devastating economic policies.
Samantha PowerRead
The societies which have achieved the most spectacular broad-based economic progress in the shortest period of time are not the most tightly controlled, not necessarily the biggest in size, or the wealthiest in natural resources. No, what unites them all is their willingness to believe in the magic of the marketplace.
Ronald ReaganRead
The hidden hand of the market will never work without a hidden fist.
Thomas FriedmanRead