Subsidizing Quotes & Sayings

In business, real jobs profitably produce goods and services that people value more highly than their alternatives. Subsidizing inefficient jobs is costly, wastes resources, and weakens our economy. — Charles Koch

The advocates of public control cannot do without inflation. They need it in order to finance their policy of reckless spending and of lavishly subsidizing and bribing the voters. — Ludwig Von Mises

So the much criticized food subsidy and employment guarantee for the poor and the unemployed cost about 1.14 per cent of GDP, whereas the cost of subsidizing electricity, fuel and fertilizers for the relatively better off is minimally 2.63 per cent, more than twice what is allocated to feed the poor and provide employment to the unemployed. — Amartya Sen

But men in their role of taxpayers will be subsidizing themselves in their role of consumers. It becomes a little difficult to trace in this maze precisely who is subsidizing whom. What is forgotten is that subsidies are paid for by someone, and that no method has been discovered by which the community gets something for nothing. — Henry Hazlitt

All of the economic signals in the marketplace are essentially subsidizing the use of dirty fossil fuels and penalizing clean energy. There's really only one entity in society that can solve that problem, and that is government. And the air is a scarce resource. — Jay Inslee

Our focus needs to be on freeing dissidents and continuing to support the opposition movement within Cuba - not rewarding Castro and subsidizing and strengthening his totalitarian regime. — Mel Martinez

At the outset of the creation of the euro in 1999, it was expected that the southern eurozone economies would behave like those in the north; the Italians would behave like Germans. They didn't. Instead, northern Europe fell into subsidizing southern Europe's excess consumption, that is, its current account deficits. — Alan Greenspan

A truly moral nation enacts policies that encourage personal responsibility and discourage self-destructive behavior by not subsidizing people who live irresponsibly and make poor choices. — Benjamin Carson

The government decides to try to increase the middle class by subsidizing things that middle class people have: If middle-class people go to college and own homes, then surely if more people go to college and own homes, we'll have more middle-class people. But homeownership and college aren't causes of middle-class status, they're markers for possessing the kinds of traits - self-discipline, the ability to defer gratification, etc. - that let you enter, and stay, in the middle class. Subsidizing the markers doesn't produce the traits; if anything, it undermines them. — Glenn Reynolds

Is there some thought being given to subsidizing the clearing of rainforests in order for some countries to eliminate that production of greenhouse gases? — Dana Rohrabacher

There is an urgent need to stop subsidizing the fossil fuel industry, dramatically reduce wasted energy, and significantly shift our power supplies from oil, coal, and natural gas to wind, solar, geothermal, and other renewable energy sources. — Bill McKibben

Obama sees everything backward. Where Americans see individual achievement, he sees government's work. Where we see failing companies, he sees innovation worth subsidizing. Where we see the need for economic growth, he sees a need for higher taxes. — Reince Priebus

The state of California has no business subsidizing intellectual curiosity. — Ronald Reagan

Rulers like Egypt's Gamal Abdel Nasser started subsidizing bread as a way to buy loyalty, or at least obedience, and this system became so pervasive that the Tunisian scholar Larbi Sadiki described countries who used it as dimuqratiyyat al-khubz - "democracies of bread." But the problem with this system of offering bread in exchange for genuine democracy is that it can never last - sooner or later, the bread will run out, and people will start demanding bread and roses too. — Annia Ciezadlo

In fact, Bopp's law firm and the James Madison Center had the same office address and phone number, and although Bopp listed himself as an outside contractor to the center, virtually every dollar from donors went to his firm. By designating itself a nonprofit charitable group, though, the Madison Center enabled the DeVos Family Foundation and other supporters to take tax deductions for subsidizing long-shot lawsuits that might never have been attempted otherwise. "The relationship between this organization and Bopp's law firm is such that there really is no charity," observed Marcus Owens, a Washington lawyer who formerly oversaw tax-exempt groups for the Internal Revenue Service. "I've never heard of this sort of captive charity/foundation funding of a particular law firm before. — Jane Mayer

When private industry makes a mistake, it gets corrected and goes away. As governments make mistakes, it gets bigger, bigger and bigger and they make more, more and more because as they run out of money, they just ask for more and so they get rewarded for making mistakes. In the meantime that is exactly what we are doing by subsidizing companies which are failing, we have a reverse Darwinism, we've got survival of the unfittest, the companies and people that have made terrible mistakes are being rewarded and other people are being punished and being taxed. — Peter Schiff

The dirty little secret is that the pool man, who's making $30,000 a year, is subsidizing the million-dollar mortgage for the family whose pool he cleans. No wonder people want to get rid of tax breaks for corporate jets. — Dee Dee Myers

Wayne: I don't feel we did wrong in taking this great country away from them ... the Indians were selfishly trying to keep it for themselves ... I'm quite sure that the concept of a Government-run reservation ... seems to be what the socialists are working for now
to have everyone cared for from cradle to grave ... But you can't whine and bellyache 'cause somebody else got a break and you didn't, like those Indians are. We'll all be on a reservation soon if the socialists keep subsidizing groups like them with our tax money. — John Wayne

The government is now in a position to do what Franklin D. Roosevelt did during the Great Depression of the 1930s - use a crisis of the times to create new institutions that will last for generations. To this day, we are still subsidizing millionaires in agriculture because farmers were having a tough time in the 1930s. — Thomas Sowell

The religious right is one of the most politically militant voting blocs in the country and the agenda is clear (a gun in every uterus). Time we stopped subsidizing the anti-abortion movement in the form of tax-exemptions. — Quentin R. Bufogle

Government could avoid having opinions about so many things if it would quit subsidizing so many things. — George F. Will

There is no need for an end to fish, or to fishing for that matter. But there is an urgent need for governments to free themselves from the fishing-industrial complex and its Ponzi scheme, to stop subsidizing the fishing-industrial complex and awarding it fishing rights, when it should in fact pay for the privilege to fish. — Daniel Pauly

For the next ninety years, the vast and profligate Saudi royal family would survive by essentially buying off the doctrinaire Wahhabists who had brought them to power, financially subsidizing their activities so long as their disciples directed their jihadist efforts abroad. The most famous product of this arrangement was to be a man named Osama bin Laden. — Scott Anderson

Ramesh Ponnuru and others say Obama is a conventional liberal. But conventional liberals don't come out for the release of the Lockerbie bomber. Conventional liberals don't return the bust of Winston Churchill from the Oval Office. Conventional liberals don't block oil drilling in America while subsidizing oil drilling in Brazil. — Dinesh D'Souza

The business of America shouldn't be subsidizing business. — James Surowiecki

Indeed, it is quite sad to see the United States becoming the main exporter of arms. It is quite sad to look at the U.S. government subsidizing arms exports. — Oscar Arias

When taxpayers are subsidizing low wages, people should be aware of that. We're subsidizing an economy. We're not subsidizing people. They are doing a hard day's work. When we're not rewarding work actively, there's something wrong with the system. — Nancy Pelosi

Inflation consists of subsidizing expenditures that give no returns with money that does not exist. — Jacques Rueff

Agriculture is a business that has been up to its bib overalls in politics since the first Thanksgiving dinner kickback to the Indians for subsidizing Pilgrim maize production with fish head fertilizer grants. — P. J. O'Rourke

It's not going to help the country to be subsidizing uneconomical forms of energy - whether you call them 'green,' 'renewable' or whatever. In that case, the cure is worse than the disease. — Charles Koch

There are basically two ways to help people get sufficient money to fund their entire retirement. The first is to get people to save more money, and to start saving at a younger age. The second approach is to get people to die at a younger age. The easier approach, by far, is getting people to die younger. And how might we achieve this? By allowing citizens to smoke. By subsidizing sugary and fatty foods. By limiting access to preventive health care etc. When we think about retirement savings in these terms, it seems that we're already doing the most we can on this front. — Dan Ariely

We need to quit subsidizing the costs for illegal immigrants' residency in America immediately. How long will we allow them to siphon millions upon millions from honest taxpaying Americans by supporting their health care, welfare, education and criminal expenses? — Newt Gingrich

A general principle of good taxation is that similar jobs, and similar kinds of compensation, should be taxed the same way: otherwise, the government is effectively subsidizing some jobs over others. — James Surowiecki

To me, one of the easiest ways of addressing climate change and potentially remedying climate change is to stop subsidizing animal agriculture. — Moby

The poorest of families, the poorest of children, are subsidizing the growth of the largest agribusinesses in the world. I think it's time we recognized that in free trade the poor farmer, the small farmer, is ending up having to pay royalties to the Monsantos of the world. — Vandana Shiva

France has not only built a bureaucratic barrier against American culture, it has constructed a notorious intellectual case against it as well. The French spend hundreds of millions of dollars subsidizing film production, extend interest-free loans to designated filmmakers, and have placed quotas not only on imports but on television time. — Tyler Cowen

Consumers can choose from hundreds of channels today, including dozens for kids. At a time of dwindling resources, we don't need to be subsidizing PBS. It's time for Big Bird the mooch to compete with 'Dora the Explorer' and 'Bob the Builder.' — Mark McKinnon

Congress should ban advertising that preys upon children, it should stop subsidizing dead-end jobs, it should pass tougher food safety laws, it should protect American workers from serious harm, it should fight against dangerous concentrations of economic power. — Eric Schlosser

For years, recycling programs proved unprofitable, and private institutions failed time and time again to create comprehensive programs that would dramatically reduce litter. Expensive recycling programs survived as the preferred and exclusive solution for solid-waste disposal in this country only because private corporations used their lobbying might to shift responsibility for the collection and recycling of corporate waste onto the public sector. In the end, consumers did most of the work, subsidizing (both through their labor and through taxes) the beverage industry's packaging-reclamation system, allowing companies to expand their operations without incurring increased costs. — Bartow J. Elmore

The U.S. should stop garrisoning the globe, subsidizing rich friends, and reconstructing poor enemies. Instead, it's about time Washington focused on defending America and its people. — Doug Bandow

Giving the banks free interest loans is like the government subsidizing the banks. That's crazy! — Kenneth Eade

All scientists who've looked at it know we have to phase away from burning fossil fuels. That means we've got to put a lot of effort into alternate energy technologies, but we're still subsidizing fossil fuels and not subsidizing most of the alternatives. It's not going to be an easy transition. — Paul R. Ehrlich

As a means of subsidizing lawyers the present nuclear regulation system is well designed - but is there not perhaps a cheaper way of rewarding legal diligence? It would probably be cheaper to give each law school graduate a guaranteed salary of $50,000 a year on the condition that he (or she) not practice law. — Jerry Pournelle

In sectors like energy, I haven't been arguing for more spending per se; I've been arguing that it doesn't make sense for us to spend $4 billion subsidizing an oil industry that's mature and very profitable. We should be using that money to finance clean energy of the future. — Barack Obama

A policy of subsidizing failures will end in an economy strewn with capital-guzzling industries long past their time of profitability - old companies that cannot create jobs themselves, but can stand in the way of job creation. — George Gilder

America is subsidizing what is left of the prestige and strength of the once mighty Britain. The sun has set forever on that monocled, pith-helmeted resident colonialist, sipping tea with his delicate lady in the non-white colonies being systematically robbed of every valuable resource. Britain's superfluous royalty and nobility now exist by charging tourists to inspect the once baronial castles, and by selling memoirs, perfumes, autographs, titles, and even themselves. — Malcolm X

We are on dangerous terrain when government picks winners and losers in the economy by subsidizing favored products and industries. — Charles Koch