Margaret Thatcher - Money Quotes

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The problem with socialism is that eventually you run out of other people's money.

Margaret Thatcher
It is not the creation of wealth that is wrong, but the love of money for its own sake.

Margaret Thatcher
Every family should have the right to spend their money, after tax, as they wish, and not as the government dictates. Let us extend choice, extend the will to choose and the chance to choose.

Margaret Thatcher
Imagine a Labour canvasser talking on the doorstep to those East German families when they settle in, on freedom's side of the wall. "You want to keep more of the money you earn? I'm afraid that's very selfish. We shall want to tax that away. You want to own shares in your firm? We can't have that. The state has to own your firm. You want to choose where to send your children to school? That's very divisive. You'll send your child where we tell you." Mr President, the trouble with Labour is that they're just not at home with freedom. Socialists don't like ordinary people choosing, for they might not choose Socialism.

Margaret Thatcher
Socialist governments traditionally do make a financial mess. They always run out of other people's money. It's quite a characteristic of them.

Margaret Thatcher
Let us never forget this fundamental truth: the State has no source of money other than money which people earn themselves. If the State wishes to spend more it can do so only by borrowing your savings or by taxing you more. It is no good thinking that someone else will pay – that 'someone else' is you. There is no such thing as public money; there is only taxpayers' money.

Margaret Thatcher
And I will go on criticising Socialism, and opposing Socialism because it is bad for Britain – and Britain and Socialism are not the same thing. (...) It's the Labour Government that have brought us record peace-time taxation. They've got the usual Socialist disease – they've run out of other people's money.

Margaret Thatcher
No-one would remember the Good Samaritan if he'd only had good intentions; he had money as well.

Margaret Thatcher
We are not asking for a penny piece of Community money for Britain. What we are asking is for a very large amount of our own money back, over and above what we contribute to the Community, which is covered by our receipts from the Community.

Margaret Thatcher
Under a Labour government, there's virtually nowhere you can put your savings where they would be safe from the state.... If you put money in a sock they'd probably nationalize socks.

Margaret Thatcher
We shall take whatever action is necessary to contain the growth of the money supply. The government, unlike so many of its predecessors, will face up to economic realities.

Margaret Thatcher
We should not underestimate the enormity of the task which lies ahead. But little can be achieved without sound money. It is the bedrock of sound government.

Margaret Thatcher
I exercise my right as a free citizen to spend my own money in my own way, so that I can go on the day, the time, to the doctor I choose and get out fast.

Margaret Thatcher