Tuesday, May 08, 2012

Quote of the Day - government spending

A little note of wisdom that Council members Lindsay Webb and Steven Steel should remember:

"It is a general maxim that all governments find a use for as much money as they can raise. Indeed, they have commonly demands for more...I take this as a settled truth, that they will all spend as much as their revenue; that is, will live up to their income." ~ James Smith, during the debate to ratify the Constitution

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