Open Wiki Open WikiOpen InfoG Open InfoGNew Quote New Quote

Quote from John Hospers,

An economy cannot long remain prosperous by government's taxing and spending more, now absorbing national output at a rate equal to the entire income of every American living west of the Mississippi. If this trend continues, America will gradually sink into the status of a Third World nation -- more unemployment, more shackles on production, more poverty.


John Hospers (more quotes by John Hospers or books by/about John Hospers)

(1918-2011) Professor Emeritus of Philosophy at the University of Southern California, author


Bankruptcy, Corruption, Debt, Economics, Government, Poverty, Taxation


Get a Quote-A-Day!
Liberty Quotes sent to your mail box.
Email:  More quotes...