Yes, deficits are a problem. I've been saying so for more than a quarter of a century now. But the problem is not the size of the deficit, it's the size of government's claim on our economy.

Our tax policy is engineered by people who view tax as a means of achieving changes in our social structure.

Governments don't control things. A government can't control the economy without controlling people.

You and I, as individuals, can, by borrowing, live beyond our means, but for only a limited period of time. Why, then, should we think that collectively, as a nation, we're not bound by that same limitation? We must act today in order to preserve tomorrow.

Money can't buy happiness, but it will certainly get you a better class of memories.

The time has come to match outgo to income, instead of always doing it the other way around.

Show me an executive that works long hard hours and I'll show you a bad executive.