"Let us not bankrupt our today's by paying interest on the regrets of yesterday and borrowing in advance the troubles of tomorrow."

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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 Thatcher