Quote by Mitt Romney
You balance the budget by restraining the growth of government and encouraging the growth of the private sector.
Summary
This quote suggests that in order to achieve a balanced budget, it is necessary to limit the expansion of government and promote the growth of the private sector. By restraining the growth of government, such as reducing unnecessary spending or implementing fiscal discipline, it is possible to control public expenditure. Simultaneously, encouraging the private sector's prosperity and development can generate more revenue through investments, job creation, and economic growth. The quote highlights the importance of finding a middle ground between government intervention and private sector autonomy to achieve financial stability at the national level.
Topics
Government
By Mitt Romney