When a business or an individual spends more than it makes, it goes bankrupt. When government does it, it sends you the bill. And when government does it for 40 years, the bill comes in two ways: higher taxes and inflation. Make no mistake about it, inflation is a tax and not by accident.


The quotable Ronald Reagan (ed. 1975)

Ronald Reagan Quotes

When a business or an individual spends more than it makes, it goes bankrupt. When government does it, it sends you the bill. And when government...

When a business or an individual spends more than it makes, it goes bankrupt. When government does it, it sends you the bill. And when government...

When a business or an individual spends more than it makes, it goes bankrupt. When government does it, it sends you the bill. And when government...

When a business or an individual spends more than it makes, it goes bankrupt. When government does it, it sends you the bill. And when government...