Herbert Hoover on Making Ends Meet

Posted by admin on Saturday, November 1, 2014

Herbert Hoover Money Quotation saying we allow others (or events) to dictate when we have reached our financial goals. Herbert Hoover said:
 

 

“About the time we can make the ends meet, somebody moves the ends” — Herbert Hoover

 

 

In this quote, Herbert Hoover seems to be commenting on the challenge of achieving financial stability. By saying “About the time we can make the ends meet, somebody moves the ends”, Hoover appears to be suggesting that just as people get to the point of making their income and expenses balance out, external circumstances change in a way that disrupts that equilibrium.

The quote conveys Hoover’s view that right when individuals or the country gets their budget under control, some new development occurs that requires additional spending or resources, making the ends no longer meet once again.

Overall, Hoover was acknowledging how easily economic stability can be disrupted by unforeseen events, and how difficult it is to maintain budgetary equilibrium over the long-term.

Categories: debt Tagged:herbert hoover