Let us never forget this fundamental truth: the State has no source of money other than money which people earn themselves. If the State wishes to spend more it can do so only by borrowing your savings or by taxing you more. It is no good thinking that someone else will pay - that 'someone else' is you. There is no such thing as public money; there is only taxpayers' money.
Margaret ThatcherI cannot imagine how any diplomat, or any dramatist, could improve on (Ronald Reagan's) words to Mikhail Gorbachev at the Geneva summit: 'Let me tell you why it is we distrust you.' Those words are candid and tough and they cannot have been easy to hear. But they are also a clear invitation to a new beginning and a new relationship that would be rooted in trust.
Margaret Thatcher(A unified) 'Europe' is the result of plans. It is, in fact, a classic utopian project, a monument to the vanity of intellectuals, a programme whose inevitable destiny is failure: only the scale of the final damage done is in doubt.
Margaret ThatcherHow very popular to say, 'spend more on this, expend more on that.' And of course, we all have our favorite causes; I know I do. But someone has to add up the figures. Every business has to do it, every housewife has to do it, [and] every government should do it.
Margaret ThatcherWe must not fall into the mistake of thinking that it is America that trades with Taiwan or Europe that trades with Asia. The truth is that it is American companies that trade with Taiwanese companies.
Margaret Thatcher