Ludwig von Mises Quotes

A dynamic economy, with more citizens working and paying taxes, will be our strongest tool to bring down budget deficits

Government is just spending too much money.

We have to change economic policy: create confidence, foster investment, cut the public deficit, restructure taxation and reform the labor laws.

You don't get an economy growing by raising taxes.

The fundamental problem is that President Obama has grown government. He has grown the private sector jobs.

You talk to any of the job creators, and they'll tell you one of the things that concerns them the most is the debt. And so high levels of indebtedness are going to lead to high levels of taxation, which lead to high level of unemployment.

We have a spending problem, not a taxing problem. The less we spend, the more jobs we have the potential to create.

Governments harangue about deficits to get more revenue so they can spend more.

The borrow-spend-and-centralize agenda that has been so destructive to job creation elsewhere in America has been a gravy boat inside the Beltway.

Taxes are an important tool for us together with infrastructure investments, research, and development to create more jobs.

When the government takes more money out of the pockets of middle class Americans, entrepreneurs, and businesses, it lessens the available cash flow for people to spend on goods and services, less money to start businesses, and less money for businesses to expand - i.e. creating new jobs and hiring people.

When government borrowing and spending go up, private borrowing and spending go down.

If the US government spends 40 percent of the nation's income, as it does through either borrowing or taxes, that income is not available for people to spend. The deficit is an indirect method of taxation. Of course, politicians prefer to borrow instead of tax because then someone down the road has to deal with the consequences.

The Obama administration's large and sustained increases in debt raise the specter of another financial crisis and large future tax increases, further chilling business investment and job creation.

Well, I think what we need to remember is that budget deficits can impede economic activity.

I mean, the reality is unemployment today - over 14 million Americans are unemployed. That's exactly what it was a year ago. I mean, this - the American people know we can't borrow and spend and bail our way back to a growing economy.

That's the real secret to job creation - not borrowing and spending more money in Washington.

If we don't get a grip on government spending, there will be no growth.

The financial crisis should not become an excuse to raise taxes, which would only undermine the economic growth required to regain our strength.

I know it's going to be the private sector that leads this country out of the current economic times we're in. You can spend your money better than the government can spend your money.

Chronic deficits drastically reduce government's ability to make those infrastructure investments that business needs to grow and create jobs.

The idea that more taxes and more government spending is the best way to help hardworking middle class taxpayers - that's an old idea that's failed every time it's been tried.

Obama and the Democrats' preposterous argument is that we are just one more big tax increase away from solving our economic problems. The inescapable conclusion, however, is that the primary driver of the short-term deficit is not tax cuts but the lack of any meaningful economic growth over the last half decade.

When the private does well, there's revenue for the public sector.

If borrowing and spending all this money led to more jobs than we would be at full employment already.