Home / Quotes / Quote by Robert Higgs

Quote by Robert Higgs

“Until the 1930s, the Constitution served as a major constraint on federal economic interventionism. The government's powers were understood to be just as the framers intended: few and explicitly enumerated in our founding document and its amendments. Search the Constitution as long as you like, and you will find no specific authority conveyed for the government to spend money on global-warming research, urban mass transit, food stamps, unemployment insurance, Medicaid, or countless other items in the stimulus package and, even without it, in the regular federal budget.”

Quote by Robert Higgs

Author

Robert Higgs is an American economist renowned for his research on the relationship between government intervention and economic growth. His work focuses on the fields of economic liberalism and public choice theory, making significant contributions to understanding the impact of government policies on the market. more

You May Also Like

“Seeds sewn in adversity bear the greatest fruit.”

Bears Adversity Fruit Seeds

Author:James Cook

“At some point the Japanese, Chinese and Saudi buyers of US and European Government bonds will see just what miserable value they offer. Then governments may have to stop all the runaway spending and bailouts and even put up interest rates.”

May Government Values Interest Offers Rate Spending Miserable Chinese Saudis Interest Rate Buyers Runaway Bailouts

Author:Luke Johnson

“More frightening to me than any policy or politician is the ease with which the public is played for fools with words. The latest example is the 'Employee Freedom of Choice Act,' a bill that will do away with secret ballot elections among workers voting on whether to be represented by a union. It is an open invitation to intimidation - which is to say, loss of freedom of choice.”

Choices Loss Secret Policy Example Fool Politician Election Bills Unions Workers Ease Employee Voting Frightening Invitations Ballots Freedom Of Choice Intimidation

Author:Thomas Sowell

“In explaining the Constitution, James Madison, the acknowledged father of the Constitution, wrote in Federalist Paper 45: 'The powers delegated by the proposed Constitution to the Federal government are few and defined. Those which are to remain in the State governments are numerous and indefinite. The former will be exercised principally on external objects, as war, peach, negotiation, and foreign commerce.' Has the Constitution been amended to permit Congress to tax, spend and regulate as it pleases or have Americans said, 'To hell with the Constitution'?”

“At every other workplace in the nation - even Mal-Mart! - workers are being laid off. But no one at any of the bloated government bureaucracies ever need fear receiving a pink slip. All 64,750 employees at the department of Health and Human Services are apparently absolutely crucial to the smooth functioning of the department.”

Needs Humans Government Nations Workers Department Employee Crucial Slips Receiving Smooth Workplace Bureaucracy Government Bureaucracy Laid Off Human Service

Author:Ann Coulter

“The interventionist policy (big government) provides thousands and thousands of people with safe, placid, and not too strenuous jobs at the expense of the rest of society.”

People Bigs Government Jobs Policy Safe Expenses Big Government Placid

Author:Ludwig von Mises

“The government endangers us with our own money.”

Author:James Cook

“The Fed is pushing a variety of workarounds that would inject trillions in new money into the economy while bypassing the banking system altogether. Time will tell whether or not this will succeed. Meanwhile, a serious danger lurks around the corner. Once the recession is over, the lending will start again. With fractional-reserve banking and limitless supplies of cash on hand, we will likely see the overall price trends reversed, from deflation to inflation to possible hyperinflation.”

“We should worry about our own souls first and trust in God's plan for others.”

Should Firsts Soul Worry Plans Trust In God God's Plan

Author:James Cook

“The most pernicious of his [Obama] proposals will be the massive Make Work Pay refundable tax credit. Dressed up as a tax cut, it will be a national welfare program, guaranteeing a majority of American households an annual check to 'refund' taxes they never paid. And it will eliminate the need for about 20% of American households to pay income taxes, lifting the proportion that need not do so to a majority of the voting population.”