"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."
Ronald Reagan
(1911-2004) 40th US President
Remarks to the White House Conference on Small Business, August 15, 1986
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Reader comments about this quote:
Sorta sums it up! ! ! ! ! Proved over and over again.
 -- Mike, Norwalk     
  • 3
    I wonder how long they can keep doing this...the money is tanking.
     -- J Carlton, Calgary     
  • 3
    If Reed ,Pelosi, Barny Frank and the rest of that mob would take a long vacation, the economy would right it self in short order. The more they "fix" the economy, the worse it gets. We can't stand much more of their "help".
     -- jim k, austin     
  • 3
    The government is not our 'friend.' It is a parasite of greed and corruption.
     -- E Archer, NYC     
  • 1
    And if it fails completely, bail it out.
     -- Jay Hendon, Lake Oswego, Oregon     
    Which one of Reagan's speech writers wrote that? The dollar will dive as deflation turns into inflation. Socialize our losses and privatize our profits that is the motto of the GOP, Perhaps with Obama we will have intelligent design of the financial kind. Its easy; take away all tax exemptions let everyone earning over 50k per household pay 15% tax (no exceptions) and get rid of the IRS and if churches put their little finger into ANY political proposal or amendment take away their tax exemption too; And so on and so on and so on.
     -- RBESRQ     
  • 4
    Isn't Reagan the one who signed off on the LUST Tax. (Many thought this was a tax on screwing.) Actually it stood for Leaking Underground Storage Tanks. These conservative so-called guys want to put a fee on everything. The liberals just want one big fat tax and let every body use everything. Every time Reagan and the Bushes ran on and cut taxes they sold bonds and now we are in 10 trillion dollars of debt. "Debt and defict don't matter" says Dick Cheney. If he Reagan and Bushes are correct why don't we just eliminate all taxes and just keep selling bonds.
     -- Waffler, Smith, Arkansas     
    RBESRQ, was your reference to churches an extremely bigoted, hateful, and closed-minded remark (allowing only for RBESRQ-approved entities) or, just a single example of all tax exempt entities? And, because churches are not much more than organized gatherings of like-minded people, are you suggesting that all organized entities refrain from putting their little finger into ANY political proposal or amendment?
     -- Mike, Norwalk     
  • 4
    Any one that thinks Obama would put in a flat tax is a fool. Dems caterwaul about deficits to support tax hikes then immediately increase spending by twice the projected increase in tax dollars coming in. Then they wonder why the estimated increase in tax dollars do not happen. They do not understand that increasing the tax on something causes there to be less of it. Tax increases always reduce tax dollars because taxes are already excessive. That is why a tax reduction actually will increase the tax dollars received by Washington. Tax reduction stimulates growth making the pie bigger so the smaller percent actually equals more tax dollars. This has been proven over and over. If you want deficit reduction you have to cut taxes and spending. A flat tax will look good but it would take away the Dems favorite thing, control over your life.
     -- warren, olathe     
  • 1
    Oh Boy! Don't know whether HE actually wrote these quotes, but who ever did is SPOT ON! Applies to the U.K. RIGHT NOW
     -- Sue, Cheltenham. U.K.     
  • 2
    completely relevant then, now, and probably always
     -- JBP, Florida     
  • 1
     -- Bill, Los Angeles      
     -- Mary - MI      
     -- Ronw13, Yachats OR      
    Warren, I'm sure the perfect remedy for the government's low tax receipts is to lower the tax to zero and then watch the revenues pile up until they can't think of another thing to spend it on. Thanks so much for your great insight.
     -- Gerald, Monona     
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