The problem with socialism is that you eventually run out of other people's money.

The problem with socialism is that you eventually run out of other people's money

The trouble with socialism is that eventually you run out of other people’s money. — Margaret Thatcher T

The problem with socialists, is that they always run out of other people's money,

As we all know, socialism failed. At the height of its popularity it caused widespread starvation and deprivation, wrecking whole economies wherever it was applied. It inspired childish, petulant dictators — ideologues who were eager to do anything except give up an idea that didn’t work — to put millions against the wall and send millions more to places like Siberia because the people couldn’t (the dictators said 'wouldn’t') gladly transmogrify themselves into New Collectivist Mankind, or whatever the slogan was at the time. In the end, it finally destroyed the most enormous empire history had ever known.

Socialist governments traditionally do make a financial mess. They always run out of other people's money. It's quite a characteristic of them.

Socialism's failure in the former Soviet Union and in the other socialist countries stands as a clean and unquestionable warning as to which path any rational and sane people should never follow again. Government planning brought poverty and ruin... Unfortunately, America is not absorbing the lessons that should be learned from the socialist experience and, instead, is following the same path of destruction.

Socialists are happy until they run out of other people's money.

Socialism in general has a record of failure so blatant that only an intellectual could ignore or evade it.

Socialism tends to destroy wealth. Socialism does this by draining
its vitality away. It does this by destroying the desirability of wealth
as a wholesome value. Socialism kills the chance that any community
can survive by browbeating the concept of vested ownership, on
which community survival is always dependent in the end.

Socialism tends to destroy wealth. Socialism does this by draining its vitality away. It does this by destroying the desirability of wealth
as a wholesome value. Socialism kills the chance that any community can survive by browbeating the concept of vested ownership, on which community survival is always dependent in the end.

Make no mistake, the Democrats are socialists (Republicans are, too, but that's another story). Socialism is the doctrine that the wants and needs of the group come before the rights of the individual. The fact is, over its 180-odd years, socialism has failed abjectly everywhere it's been tried, in country after country, and most people are now aware of it. This is the last shot socialists are ever going to get before history finally closes the door on them forever, and the hysteria of their actions during the past two years proves they know it.

The fundamental reason why Medicare is failing is why the Soviet Union failed; socialism doesn't work.

Let us yield a bit. Let us grant socialism a few more years. Socialism is so obsolete, it is dying by itself.... Did I say socialism? I assure you on my honor this was not a mental slip. This was a slip of the tongue. Do not forget that. Capitalism—and I say it with such gusto—capitalism is so obsolete that it is dying by itself.