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
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.
In practice
Using this quote in a financial literacy workshop to emphasize budgeting.
When will Labour learn that you cannot build Jerusalem in Brussels.
Never in the history of human credit has so much been owed.
The battle for women's rights has been largely won.
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.
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.
If it's me against 48, I feel sorry for the 48.
I don't know where the stock market is going, but I will say this, that if it continues higher, this will do more to stimulate the economy than anything we've been talking about today or anything anybody else was talking about.
Cutting government spending and government intrusion in the economy will almost surely involve immediate gain for the many, short-term pain for the few, and long-term gain for all.
It is a sobering fact that the prominence of central banks in this century has coincided with a general tendency towards more inflation, not less. [I]f the overriding objective is price stability, we did better with the nineteenth-century gold standard and passive central banks, with currency boards, or even with 'free banking.' The truly unique power of a central bank, after all, is the power to create money, and ultimately the power to create is the power to destroy.
I'm an entrepreneur trying to let the American people know that it's not immigrants that are causing economic problems, it is the fact that our economy is advancing in ways that is making human labor less and less essential.
Actually, in my advanced, high-falutin' frontier economics, I often work with what I define as 'money metric utility,' and I ask people, 'Do you really want that? What are you willing to pay for that?'
To a person of analytical ability, perceptive enough to realise that mathematical equipment was a powerful sword in economics, the world of economics was his or her oyster in 1935. The terrain was strewn with beautiful theorems begging to be picked up and arranged in unified order.
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