Saving” in short, in the modern world, is only another form of spending. - Henry Hazlitt

either immediately or ultimately every dollar of government spending must be raised through a dollar of taxation.

When the government makes loans or subsidies to business, what it does is to tax successful private business in order to support unsuccessful private business.

This is perhaps as good a place as any to point out that what distinguishes many reformers from those who cannot accept their proposals is not their greater philanthropy, but their greater impatience. The question is not whether we wish to see everybody as well off as possible. Among men of good will such an aim can be taken for granted. The real question concerns the proper means of achieving it. And in trying to answer this we must never lose sight of a few elementary truisms. We cannot distribute more wealth than is created. We cannot in the long run pay labor as a whole more than it produces.