Bob Goodlatte: Balanced Budget

Bob Goodlatte Money Quote saying he wants congress to pass a federal balanced budget to bring frugality to government spending. Bob Goodlatte said:
 

 

“A balanced budget amendment has been one of the highest priorities of my tenure in Congress. A constitutional amendment requiring a balanced budget would finally bring discipline to federal spending and would benefit generations to come, I challenge my colleagues in the House and Senate to do what is morally right and responsible by passing this amendment and sending it on to the states for ratification” — Bob Goodlatte

According to Bob Goodlatte, a balanced budget amendment would bring discipline to federal spending and benefit future generations by promoting frugality and responsible budgeting.

It would ensure that the government lives within its means and doesn’t burden future generations with excessive debt. This would lead to a more sustainable and financially stable future for all.

Carl Levin: Invest in the Future

Carl Levin Money Quote saying the voters deserve budgets that invests in them and their communities. Carl Levin said:
 

 

“The American people deserve a budget that invests in the future, protects the most vulnerable among us and helps to create jobs and economic security” — Carl Levin

Carl Levin was a Democratic U.S. Senator from Michigan from 1979 to 2015. In this quote, Senator Levin seems to be arguing that the federal budget should prioritize funding initiatives that will benefit Americans in both the short and long term.

He suggests the budget should “invest in the future” through areas like education, infrastructure, and research/development in order to drive economic growth and job creation. At the same time, it should “protect the most vulnerable” by maintaining support for social programs that help those in need.

Overall, Levin’s view seems to be that a prudent budget balances these priorities of strategic investment, social welfare, and economic security to best serve the interests of the American public now and in the future.

Birthday: June 28, 1934 – Death: July 29, 2021

Ronald Reagan: Balancing Budget

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'” — Ronald Reagan

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”.

Birthday: February 6, 1911 – Death: June 5, 2004

Richard J. Codey: State Budget Gap

Richard J. Codey Money Quote saying government efforts to pay for public works can be compared to a puppy playing. Richard J. Codey said:
 

 

“Every year the State will be the dog that chases its own tail… engaging in a futile attempt to close a perpetual budget gap” — Richard J. Codey

Richard J. Codey seems to be criticizing the ineffectiveness of the state’s annual budgeting process. He suggests the state will perpetually be in a situation like a dog chasing its own tail, where it is engaged in a repetitive but ultimately futile effort.

By this, Codey appears to mean that no matter how the state constructs its budget each year, it will always face a gap between expenses and revenues, and no budget will truly close this “perpetual gap.”

His quote implies the budget shortfall problem will continue indefinitely through this annual “chase” to balance the books, but the gap between costs and income will never fully and permanently be bridged through the existing budgetary approach.

John C. Maxwell: Control Spending

John C. Maxwell Money Quote saying we fail to do what we know will let us achieve our goals with common sense. John C. Maxwell said:
 

 

“Look at our society. Everyone wants to be thin, but nobody wants to diet. Everyone wants to live long, but few will exercise. Everybody wants money, yet seldom will anyone budget or control their spending” — John C. Maxwell

In this quote, John C. Maxwell is contrasting common desires with the lack of willingness to make responsible choices and exert self-discipline to achieve those goals. He notes that many want to be thin but won’t diet, live long but won’t exercise, and want money but won’t budget spending.

Maxwell appears to be arguing that simply wanting positive outcomes is not enough – one must also be prepared to take prudent, sometimes difficult actions over the long term like controlling intake, exercising regularly, and managing finances prudently.

The quote conveys Maxwell’s perspective that success often requires sustained effort and sacrifice rather than just wishing, as most want rewards without putting in the work according to this interpretation.

Greta Thunberg: Carbon Budget Left

Greta Thunberg Money Quote saying it must be just as important to understand carbon budget when decision making on spending. Greta Thunberg said:
 

 

“We should no longer only ask: “Have we got enough money to go through with this?” but also: “Have we got enough of the carbon budget to spare to go through with this?” That should and must become the centre of our new currency” — Greta Thunberg

In this quote, Greta Thunberg is advocating for a major shift in how economic and financial decisions are made. She argues that rather than primarily considering whether there is enough money or financial resources for a project or activity, decision-makers should also ask whether there is enough remaining carbon budget to spare for it in light of the climate crisis.

By “carbon budget,” she is referring to the limited remaining greenhouse gas emissions that can be released while still keeping global warming within safer limits. Thunberg wants carbon impact and sustainability to become the new central criteria of our economic “currency” or framework, rather than just monetary costs and benefits.

She believes this perspective needs to take precedence over traditional financial concerns in order to adequately address the climate emergency.

Freddie Mercury: Budget Lavish

Freddie Mercury Money Quote saying ignoring budgets allows one to be lavish to the last cent spent. Freddie Mercury said:

“And, we have no such thing as a budget anymore. Our manager freaks when we show him the bill. We’re lavish to the bone, but all our money goes back into the product” — Freddie Mercury

In this quote, Freddie Mercury is discussing Queen’s approach to finances and spending. Some key points:

• He notes that they no longer have any concept of a budget and spend lavishly on whatever they want or need without limits.
• Mercury says this extravagant spending causes their manager significant stress when seeing the costs.
• However, Mercury adds that despite their “lavish to the bone” lifestyle and expenses, all the money the band earns ultimately gets reinvested back into their music – such as funding the production, recording, touring and promotion of albums.
• This implies that for Queen, financial restraint was not a priority, but they ensured that commercially their investments paid off by creating high quality new material and experiences for their fans.

Overall, the quote conveys Mercury’s pride in Queen’s unrestricted spending habits but also their philosophy that the wealth generated from success should circulated back into continually growing and improving their artistic product through lavish creative endeavors rather than being hoarded.

Birthday: September 5, 1946 – Death: November 24, 1991

Dave Ramsey: Be an Adult & Budget

Dave Ramsey Money Quote saying adults are planners and goal-setters, while children are impulsive and randomly seek fun. Be the adult with money and build a budget. Dave Ramsey said:
 

 

“Adults devise a plan and follow it. Children do what feels good. Be an adult and make a budget” — Dave Ramsey

Dave Ramsey seems to be encouraging people to take responsibility for their financial situation by acting like an adult rather than a child. His point is that adults carefully plan their spending by creating and following a budget, while children may simply spend money on whatever feels good in the moment without regard for the future. By making and sticking to a budget, his advice implies people can avoid financial stress and better achieve their goals.

While budgets require discipline, they promote accountability and help ensure basic needs are met before wants are satisfied. Overall, Ramsey is advocating practical money management skills like budgeting so people’s finances are directed by a thoughtful plan rather than impulsive feelings alone.

Adults devise a plan and follow it. Children do what feels good. Be an adult and make a budget https://t.co/ltWJV74zLy

— Dave Ramsey (@DaveRamsey) February 13, 2018