Quote by Richard Lamm

Christmas is the time when kids tell Santa what they want and adults pay for it. Deficits are when adults tell government what they want and their kids pay for it.


Christmas is the time when kids tell Santa what they want an

Summary

This quote emphasizes the idea that during Christmas, children express their desires to Santa, while adults bear the financial burden of making those wishes come true. It draws a parallel with deficits in government, where adults urge the government to fulfill their wants and needs, but it is the future generation, represented by their kids, who end up paying for those accumulated debts. The quote sheds light on the potential consequences of irresponsible spending and highlights the importance of considering the long-term impact of decisions made by current adults on future generations.

By Richard Lamm
Liked the quote? Share it with your friends.

Random Quotations

The true greatness of a nation is not measured by the vastness of its territory, or by the multitude of its people, or by the profusion of its exports and imports; but by the extent to which it has contributed to the life and thought and progress of the world. A man's greatness is not estimated by the size of his body or of his purse; not by his family connections or social position, however high these may be. He may bulk large in public estimation today, but tomorrow he will be forgotten like a dream, and his very servants may secure a higher position and a name lasting possibly a little longer.A man's greatness is estimated by his influence, not over the votes and empty cheers of a changing and passing crowd, but by his abiding, inspiring influence in their bidden thoughts, upon their ways of thinking, and consequently of acting. That is why the Wycliffes, Shakespeares, Miltons, Newtons, Wesleys, and Gladstones of English history live, and will live, in everlasting memory, while lesser men are remembered only through them, and the crowd of demagogues, pretenders, and self-seekers are named, if ever named, only to point a moral, or adorn a tale.So with nations. A great nation is not one which, like Russia, has an enormous territory ; or, like China, has an enormous population. It is the nation which gives mankind new modes of thought, new ideals of life, new hopes, new aspirations; which lifts the world out of the rut, and sets it going on a cleaner and brighter road.

L. E. Blaze, Lecture at the D. B