"Balanced budget requirements seem more likely to..." - Quote by Thomas Sowell
Balanced budget requirements seem more likely to produce accounting ingenuity than genuinely balanced budgets.
More by Thomas Sowell
“Nothing could be more jolting and discordant with the vision of today's intellectuals than the fact that it was businessmen, devout religious leaders and Western imperialists who together destroyed slavery around the world. And if it doesn't fit their vision, it is the same to them as if it never happened.”
“Sometimes it seems as if there are more solutions than problems. On closer scrutiny, it turns out that many of today's problems are a result of yesterday's solutions.”
“It is amazing how many people seem to think that the government exists to turn their prejudices into law.”
More on Government
“No society can make a perpetual constitution... The earth belongs always to the living generation.”
“We must settle this question now -- whether in a free government the minority have the right to break it up whenever they choose. If we fail, it will go far to prove the incapability of the people to govern themselves.”
“We got rid of a terrible dictator. We gave the Iraqi people an opportunity for a new life under a representative form of government.”
More on Budget
“We will never get anywhere with our finances till we pass a law saying...every time we appropriate something, we...pass another bill...stating where the money is coming from.”
“Budget: a way of going broke methodically”
“Hurray! Congress is to adjourn! Only four more days of Congressional burglary on the Treasury!”