Ronald Reagan: Balancing Budget

Posted by admin on Sunday, April 4, 2021

Ronald Reagan Money Quote saying balancing government budgets involves the word no – a bit like turning down a tryst. Ronald Reagan said:
 
I think balancing the budget is like protecting your virtue. You have to learn to say ‘no' Quote
 

“I think balancing the budget is like protecting your virtue. You have to learn to say ‘no'” — Ronald Reagan

 

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In this quote, Ronald Reagan is drawing a comparison between balancing the federal budget and maintaining personal virtue or integrity.

His interpretation is that just as protecting one’s virtue requires having the discipline to say “no” to temptations, balancing the budget as a nation necessitates learning to refuse excessive spending urges and knowing when to decline further outlays.

Reagan seems to be suggesting that budgetary restraint, like virtue, demands willpower and the ability to turn down short-term indulgences in favor of long-term fiscal responsibility.

The overall message conveys Reagan’s view that maintaining fiscal prudence through a balanced budget is akin to exercising self-control, and both require mustering the resolve to deny certain spending/behavior even when there is a desire to say “yes”.

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