Famous quote by Daniel Hannan

Mobile Desktop
You cannot spend your way out of recession or borrow your way out of debt
Like

"You cannot spend your way out of recession or borrow your way out of debt"

- Daniel Hannan

About this Quote

This quote by Daniel Hannan highlights the problematic method of using extreme costs and loaning as a service to financial issues. It suggests that these actions might provide short-term relief, but they ultimately do not attend to the origin of a recession or debt. Instead, they can get worse the scenario by producing a cycle of reliance and increasing the problem on future generations. Hannan's declaration highlights the importance of carrying out sustainable and accountable economic policies that concentrate on long-lasting services instead of fast repairs. It serves as a tip that real financial stability and growth need mindful preparation and sensible decision-making.

About the Author

United Kingdom Flag This quote is written / told by Daniel Hannan somewhere between September 1, 1971 and today. He/she was a famous Politician from United Kingdom. The author also have 7 other quotes.

Go to author profile