Quote by Ronald Reagan

Government's view of the economy could be summed up in a few short phrases: If it moves, tax it. If it keeps moving, regulate it. And if it stops moving, subsidize it.

Government's view of the economy could be summed up in a few

Summary

This quote criticizes the government's approach to the economy, suggesting that it revolves around taxing any economic activity, regulating it as it becomes more successful, and providing subsidies when it fails. The quote implies that the government's involvement in the economy is excessive, hindering its natural progression and causing dependence on government support. It highlights a perspective that believes in minimal government intervention and emphasizes the negative consequences of excessive taxation, regulation, and subsidies on economic growth and individual initiative.

Topics

Economics

By Ronald Reagan

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